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.
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 ...
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 The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981).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¢ ...
Fire outbreaks in Ghana destroy properties worth over GH¢36m
WEBJul 19, 2022 · Fire incidents have destroyed properties worth GH¢36.197 million from January to June 2022, the Ghana National Fire Service, has said. The cost of salvage is over GH¢8 million. The figure is an increase over last year’s loss of GH¢24.2 million during the same period. A total of 35 persons perished and 207 others suffered injuries.
Government waives taxes for Ghana Airports Company
WEBJan 9, 2022 · The contract sum was agreed at €66.4 million. Parliament in 2020 granted the company a $20,953,066.69 tax waiver for the purchase of materials, equipment and vehicles to construct the second phase of the Tamale International Airport. The contract for the construction works Parliament, was between the …
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 ...
Joint Committee to be formed to address Ghana-Burkina Faso …
WEBOn Jul 18, 2021. Ghana and Burkina Faso have agreed to form a special joint technical committee to work towards solving encroachment challenges on the boundaries separating the two countries. The committee, which would be meeting twice every year would work out strategies to address the activities of the Youga Mining Company, a Burkina Faso ...
President commissions four-tier Pokuase interchange
WEBJul 9, 2021 · President Nana Addo Dankwa Akufo-Addo Friday commissioned the four-tier Pokuase Interchange, a significant highlight of government’s road infrastucture. He said the Government’s agenda of providing the needed infrastructure for the development of the nation was on track, adding, “The modernisation of Ghana is steadily gaining momentum….
Savannah region highest in 2024 regional entrepreneurship index
WEBAug 29, 2024 · The Savannah region has emerged as the latest region with the “moderately free” environment for businesses and entrepreneurial activities in the country. The Africa Centre for Entrepreneurship and Youth Empowerment (ACEYE), a policy think-tank, ranked the region first in its 2024 edition of the Regional Entrepreneurship Freedom (REF) index.
Court jails former Ghana officials who bought NSO’s Pegasus
WEBMay 12, 2020 · An Accra High Court presided over by Justice Eric Kyei Baffour has found former government officials guilty of causing financial loss to the State and sentenced them to various prison terms, in the matter of purchasing the Pegasus hardware produced by the Israeli company, NSO. The officials, are a former Director-General and former Board ...