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4% Reduction In ‘Talk Tax’ Takes Effect Today

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Mobile subscribers and data users will from Tuesday, September 15, 2020, enjoy longer durations of voice and data bundles but pay the same amount of money for recharges.

This is because mobile network operators will be reducing the Communication Service Tax (CST), also known as “talk tax” charged on the use of communication services in the country.

The Minister of Finance, Ken Ofori-Atta, during the presentation of the 2020 mid-year budget review announced that the talk tax will be reduced from 9 percent to 5 percent.

This formed part of the government’s effort to alleviate the plight of Ghanaians during the coronavirus pandemic.

n a statement to confirm the implementation of the new tariff, the Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, said, “The tariff adjustment programme means when our customers pay the same price they would enjoy more, which is in line with the government’s measures in alleviating cost burden on citizens in the wake of the global pandemic.”

The statement added, “Mobile Network Operators will notify their customers on the completion of the modification exercise and provide further transparency on the adjusted tariffs of their products and services while offering other relevant information post usage of these services.”

This new development, according to the statement, comes after “effective dialogue and stakeholder
engagements led by the Finance Ministry as well as our supervising Ministry and agencies”.

Source: GhanaFeed.Com

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Business

Africa’s Most Luxurious And Extravagant Skyscraper: LucreziaBySujimoto, Banana Island

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Towering 65m above the ground, the $52 million architectural masterpiece, LucreziaBySujimoto audaciously dominates the landscape of Africa’s most expensive square meter, Banana Island. The 14-storey skyscraper which is the brainchild of Sujimoto Construction Ltd, the leading luxury construction company in Africa, has a combined liveable space of 18,000 square meters and will be the tallest residential building in the highbrow neighbourhood.

The design of the sophisticated building combines the rare attributes of Beauty, Affluence and Style. The purely residential 14 storey tower includes luxury apartments which comprises magnificent maisonettes and 2 of Africa’s best penthouses, the first Virtual Golf Bar in Africa, Full Home Automation where you can control your lights, door, air conditioning, curtains, music & TV from the touch of a button, an IMAX Cinema, a 345 square meter temperature controlled pool including a Jacuzzi and kids’ pool, the 14 storey building has a floor to ceiling height of 4m, which creates an illusion that makes it look 20 storeys tall, an Interactive lobby where business meetings and casual hangouts can be held, Zaha Hadid by Porcelanosa sanitary wares, Private Salon, Crèche, amongst a host of others.

During the construction phase of the foundation, 25,000 cubic metres of soil was excavated, a total of 11,500 cubic metre concrete of C40 was used to create one of the biggest pile caps in the world which has a 900 mm piles diameter that goes 45-meter-deep, making the Lucrezia’s foundation one of the strongest foundation ever! The pile caps have a depth of up to 2.55m with 900 x 300mm tie beams. In all, a total of 1470 trucks of concrete were required to deliver these pile caps. The luxury development will use approximately 1000 tons of steel, Bonded Post Tensioning slabs, this makes Sujimoto the first indigenous company to use such technology which is only used in Dubai for the construction of high-rise buildings. This technology reduces the weight of the building, increases the speed of construction by 40%, eliminates shrinkage and offers more flexibility for structural modifications.

The 56 metres condominium will be the first 14 storey with Glass Reinforced Concrete façade costing the company over €2 million (N1,146,000,000) to deliver one of the best façades systems in the world. The façade panels will have a finishing covering of approximately 7500 square metres.

Having raised the first slab on the 1st of December, 2020 and currently on the 8th floor, the Lucrezia will be the fastest luxury condominium ever built in Africa with a delivery timeline of 1st of January, 2022.

Those who came onboard 11 months ago are the biggest winners as some of them bought the maisonette for $1.2 million. The almost sold out maisonette is selling for $1.9m at the moment while the penthouse which is approximately 1400m² is selling for $9 million, making it the cheapest yet most sophisticated penthouse in Africa with exclusive and remarkable features such as: a private gym, private looby, private lift, the first private pool in the sky which is located on the 12th floor, a private cinema and the first private golf Garden in Africa!

According to Sijibomi Ogundele, CEO Sujimoto Group, the Lucrezia’s penthouse is arrogantly built for the vital Few.

Source: GhanaFeed.Com

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How Sujimoto Overcame All Odds And Funded A $52 Million USD Project – LucreziaBySujimoto

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It was in 2019, I was near ‘dead broke’ after I had just spent millions on the #SujimotoIs5 event – an event that put Lagos at a standstill!

At that time, the foundation and piling of the LucreziabySujimoto was taking billions of Naira, and we had two (2) other major projects that were killing me financially. Society was watching and failure wasn’t an option!

In that instance, a friend and an ‘egbon’ approached me to sell the Lucrezia’s penthouse to him. After negotiation, we agreed 2.5M USD and he made me leave NYC to meet him in Dubai, but he never showed up.

I was desperate and devastated. When I returned to Lagos, the ‘egbon’ apologised and we had a series of meetings. At last, even though he did not buy, we were lucky because we found a magnanimous bank (Providus Bank) which, despite all odds, gave us the capital, not only to continue the project but to complete it!

In November 2020, we completed the foundation and today, the LucreziaBySujimoto is now on the 6th floor – the fastest of its kind. The same penthouse we offered the egbon in 2019 at 2.5m USD is now selling for 8.5M USD!


Don’t allow anyone use their bread to lick your soup. No one can design your destiny except you, but you have to make the move! Whatever the Almighty has for everyone will surely come to pass, FAILURE is not an option!

Source: GhanaFeed.Com

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Hobort Shipping Now Delivers Items from Ghana to the U.S.A

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Hobort Shipping, a global shipping service headquartered in Accra, Ghana, has taken a mega step forward, introducing a new service set to bring relief to thousands of Ghanaians and their family members in the diaspora.

Hobort has announced that henceforth they would now be shipping items from Ghana to the United States!

The announcement was made with much fanfare by Hobort who acquiesced to popular demand from customers.

The new service would see Hobort, who ship all sorts of items from the U.S.A to Ghana, finally add Ghana to the U.S.A to their shipping routes.

This solves a major headache for Ghanaians who can now move goods to loved ones in the U.S at affordable rates.

A Ghanaian company conquering the world market, Hobort Shipping provides services in transporting goods across the sea, air and land. Hobort delivers goods and services to customers, international business partners and local communities efficiently and effectively.

From small to medium and large consignments, trust Hobort Shipping to deliver! They are reliable and their door to door service is superb!

Contact them today! Hobort shipping can be reached on mobile: +233 50 403 0404 and on Whatsapp: +1 404 543 4422.

Email them on [email protected] Follow Hobort on Instagram @hobortshipping. Their website is hobortshipping.com

Source: GhanaFeed.Com

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