Telecom

Ghana: Parliament votes tax exemption for Space Science And Technology Institute

Ghana: Parliament votes tax exemption for Space Science And Technology Institute
Thursday, 16 July 2020 16:57

In Ghana, the parliament has just agreed to waive taxes of $295,000 for the Ghana Space Science and Technology Institute (GSSTI). The measure concerns the acquisition of equipment and hardware for the Ghana Radio Astronomy Project and Collation of the Satellite Earth Observation Ground Receiving Station.

GSSTI wants to acquire a reference receiver for the global navigation satellite system (GNSS), a geodetic antenna, and a seismic system to study earthquakes and plate tectonics. The observatory will be part of the global network of Very Long Baseline Interferometry Telescopes (e-VLBI) that is jointly undertaking scientific research. The e-VLBI technique is useful for measuring the movement of the Earth's tectonic plates and helping to predict earthquakes; it allows the observation of variations in the Earth's orientation and day length, which can be useful in climate change research.

The tax exemption obtained by the GSSTI is the result of a request submitted to the National Assembly on 2 June 2020 by the Minister of Planning, George Yaw Gyan-Baffour, on behalf of the Minister of Finance. GSSTI intends to become a research and training center for students, scientists, and engineers in Ghana and the sub-region.

According to Mark Assibey Yeboah, Chairman of the Finance Committee of Parliament, the Ghana Radio Astronomy Observatory Project, when completed, would enable the GSSTI to significantly develop highly qualified human capital in areas such as astronomy, astrophysics, cosmology and space sciences.

On the same topic
Senegal will deploy satellite antennas nationwide in 2026, President Bassirou Diomaye Faye said. The program aims to provide free internet access to...
Burkina Faso to accelerate online justice services rollout from 2026 New platforms enable remote filings, documents, prison visit requests Reform aims...
OADC secures approval to acquire seven NTT Data centres in South Africa Deal expands footprint in Africa’s largest data centre...
Egypt plans mobile phone exports from 2026, targets 15 million devices Strategy builds local ICT manufacturing; 40% value-added, 15 brands...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
04

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
05

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.