Ghana Business News — Ghana’s Premier Business News Portal
WEBAfrica’s mounting debt crisis and the need for reform in the global financial architecture. Aug 8, 2024 0. Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed heavily from international capital markets and China.
Digitisation saved Ghana over GH¢356m – Bawumia
WEBOn Apr 9, 2024. Vice President Mahamudu Bawumia says digitization has saved the country millions of cedis. He said for example, Social Security and National Insurance Trust (SSNIT) had saved GH¢480 million by eliminating 29,000 ghost pensioners, with the National Service Secretariat eliminating 44,000 ghost workers saving the country over GH¢ ...
Bawumia submits Opoku Prempeh’s name as Running Mate to …
WEBOn Jun 27, 2024. Dr Mahamudu Bawumia, Flagbearer of the New Patriotic Party (NPP) has presented the name of Energy Minister, Dr Matthew Opoku Prempeh, aka NAPO, as his Running Mate to President Nana Addo Dankwa Akufo-Addo. Sources close to the presidency said a meeting was held Tuesday night at the Jubilee House where Dr Bawumia sought advice ...
World Bank approves $300m loan for Ghana’s economy
WEBJan 23, 2024 · The World Bank today approved a $300 million Development Policy Operation for the country. In a press statement copied to Ghana Business News, the Bank said: “The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) …
Minority says recruitment into security services is shrouded in …
WEBAug 13, 2024 · The National Democratic Congress (NDC) Parliamentary Minority on Monday said the recruitments into the security services under the Ministry of the Interior is shrouded in opacity to create an unequal access to some people in the name of a “so-called backlog.”. Reacting to the advertisements for recruitments under the Interior Ministry, the ...
Ghana introduces beneficial ownership regime for company …
WEBMar 30, 2021 · The Registrar-General’s Department (RGD) has introduced the Beneficial Ownership (BO) Transparency Regime as part of the Company Registration processes under the Companies Act 2019 (Act 992). A statement signed by Mrs Jemima M. Oware, the Registrar-General, and copied to the Ghana News Agency, said one of the purposes for which the BO Regime ...
Minority challenges Bawumia’s ¢17b take or pay claim
WEBJul 16, 2022 · The Minority in Parliament has challenged the claim by Vice President Dr Mahamudu Bawumia at a recent public lecture that the government has paid GH¢17 billion for excess capacity payment arising out of the “take or pay” agreement. According to the Minority, the claim by the Vice President is untrue and therefore challenged him to provide ...
AGA’s 10-year Development Plan expected to develop Obuasi …
WEBOn Jul 12, 2022. The government has lauded the Management of AngloGold Ashanti (AGA) Obuasi Mine for rolling out a 10-year ‘Socio-Economic Development Plan (SEDP)’, designed to advance the good cause of the people. The Plan, according to the company, represents the social investment strategy for the Mine for the period 2022 to 2031, and ...
Ghana Gas signs $700m deal for second gas processing plant
WEBFeb 4, 2023 · The Ghana National Gas Company (GNGC) on Friday signed a Project Implementation Agreement with its joint venture partners to construct a second Gas Processing Plant (GPP Train 2) at an estimated cost of $700 million. The gas plant would be sited at Atuabo in the Ellembele District of the Western Region and expected to be completed within 24 months.
NBSSI is now Ghana Enterprises Agency - Ghana Business News
WEBJun 7, 2021 · The Ghana Enterprises Agency Act, 2020 (Act 1043), was passed by Parliament in November 2020 and assented to by President Nana Addo Dankwa Akufo-Addo in December, 2020. The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981). Ms Yankey-Ayeh said the NBSSI’s annual budget had increased from GH¢20,000 in 2016 to GH¢ ...