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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.
GhIPSS introduces Near Real Time Payment platform for bulk …
WEBSep 2, 2020 · The Ghana Interbank Payments and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, has introduced a Near Real Time (NRT) Automated Clearing House (ACH) Direct Credit platform that allows Corporate Institutions to make bulk payments much faster. The service, being rendered in collaboration with the banks, is designed to enhance the ...
Court overrules objection to tender document through …
WEBFeb 19, 2019 · An Accra High Court has overruled an objection raised by the prosecution in the case involving Dr Stephen Opuni, the former CEO of COCOBOD and one other for documents to be tendered through its witness. The court presided over by Justice Clemence Honyenugah, an Appeal Court Judge said upon hearing objection against tendering of the […]
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 The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981).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¢ ...
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 ...
GOIL begins bitumen production - Ghana Business News
WEBOn May 6, 2021. GOIL Company Limited steps into the production of bitumen, a venture Mr Kwame Osei Prempeh, GOIL Managing Director, described as strategy to widen its portfolio and consolidate gains already made in the fuel business. GOIL with over 400 Filling Stations across the country’s, entry into the otherwise multinational field, is ...
More than $9b worth of Ghana gold exports unaccounted for
WEBOct 30, 2021 · An assessment of trade data on gold export between Ghana and its major partner nations, including India, United Arab Emirates and Switzerland in 2019, revealed that more than $9 billion worth of gold exports remained unaccounted for. Members of the Committee include representatives from the Minerals …
FBNBank Ghana changes name to First Bank Ghana to align with …
WEBMay 3, 2024 · FBNBank Ghana has announced its name change to FirstBank Ghana, effective Thursday, May 2, 2024, as part of a strategic alignment with the FirstBank Group’s identity, vision, and values. The name change reflects the Bank’s commitment to its customers, stakeholders, and the communities it serves. A …
Government unveils website to track infrastructural projects
WEBAug 19, 2020 · Government has launched a new website, www.deliverytracker.gov.gh, to allow the public to track, verify and interrogate the infrastructural projects undertaken by the Akufo-Addo administration. The website provides detailed information about completed and ongoing projects in each district across the 16 regions. Vice President Dr Mahamudu Bawumia outdoored the website at the eighth Townhall ...
Standard Bank commits $1m to African Peace Fund
WEBOn Jul 30, 2024. The Standard Bank Group, Africa’s largest bank by assets and operating in 20 African markets, has signed a Memorandum of Understanding (MoU) with the African Union Peace Fund. The pact will aid the AU in its resource mobilization efforts for peace across the continent. A statement copied to the Ghana News Agency in Accra ...