Government gives Kantanka Automobile 10 years tax holiday

The government of Ghana has given Kantanka Automobile 10 years tax holiday as well as free duties on imported materials for the next 10 years.

By this tax waiver, Kantanka Automobile will not pay any tax on any of their products for the next 10 years and they will neither pay import duties on any assembling material imported into the country.

CEO of Kantanka automobile drives a Mercedes Benz -
CEO of Kantanka Group of Companies Nana Kwadjo Safo Ankofena Jnr

This is an initiative taken by the government to ensure the Kantanka brand flourish to compete with other automobiles across the globe.

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This important information was announced by the CEO of Kantanka Group of Companies Nana Kwadjo Safo Ankofena Jnr at the end of year party and awards ceremony held at his residence in Kwabenya on 6th January 2019.

With this initiative, millions of Ghanaians are hoping the high cost of Kantanka cars will come down for the middle class to be able to purchase some of the vehicles.

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Rashad is a seasoned entertainment and lifestyle journalist who holds a Bachelor of Arts certificate in Social And Development Administration. He is also an award-winning publicist and social media enthusiast. For all your adverts, services and any related needs, you can reach Rashad on +233203713877 WhatsApp +233245475186 Email: Do well to follow him on all his social media handles below and have A-Z news update on all trending issues


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