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21% VAT on electricity to increase cost of power; Ghana will become unattractive to trade – CEO of IPPs Chamber - Vimarsana News

21% VAT on electricity to increase cost of power; Ghana will become unattractive to trade – CEO of IPPs Chamber

In an article titled “21% VAR on End User Electricity Tariff is Retrogressive and Makes Ghana Unattractive in the Regional Electricity Market”, Dr. Apetorgbor who also doubles at the Chief Executive Officer of the Chamber of Independent Power Operators Ghana, said, a 21% VAT on electricity consumption in Ghana can be counterproductive and have countless adverse effects on the overall economy and the electricity sector of Ghana.

Exclusive-Argentina's soy crushers face 'disaster' as bean shortage sharpens, chamber head says - Vimarsana News

Exclusive-Argentina's soy crushers face 'disaster' as bean shortage sharpens, chamber head says

Argentina's giant soybean processing plants are running out of soybeans after a historic drought cut the crop in half, the head of the country's grains export chamber told Reuters, and this will leave well over two-thirds of factory capacity idle. For years, the South American country was the world's top exporter of processed soy oil and meal. "We are in a disastrous year," said Gustavo Idigoras, president of the grain exporters and crushing chamber CIARA-CEC, adding he expected idle capacity at the country's crushing plants along the Parana river to shoot past ...

Source: yahoo.com
BYD Buying Ford Factories Represents the EV Shift and Overcapacity More Than Anything Else - Vimarsana News

BYD Buying Ford Factories Represents the EV Shift and Overcapacity More Than Anything Else

The EV shift made the expression “legacy automakers” emerge. It represents all companies that established themselves with combustion engines ...