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 begins digital verification of COVID-19 test results
WEBOn Apr 23, 2021. The Ministry of Health and the Ghana Health Service are implementing the digitisation of COVID-19 test results for ease of verification prior to travel and upon arrival in the country. A statement made available to the Ghana News Agency in Accra on Wednesday said Ghana had become the first country in the ECOWAS to deploy a ...
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 ...
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 The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981).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 COCOBOD says it lost GH¢4.8b investment to galamsey
WEBOn Feb 27, 2023 Last updated Feb 27, 2023. The Ghana Cocoa Board (COCOBOD) says it has lost GH¢4.8 billion worth of investment in 35 hectares of cocoa farms to illegal mining (galamsey) activities at Boinso in the Western Region. The investment covered the planting of new cocoa trees and plantain suckers, compensations to landowners and ...
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 ...
Enterprise Group declares GH¢273m profit for 2023
WEBOn Aug 17, 2024 Last updated Aug 17, 2024. The Enterprise Group has declared profit after tax of GH¢273 million in the 2023 financial year. The Group delivered a strong financial performance for 2023 with robust top-line growth across its subsidiaries. Mr Daniel Larbi-Tieku, Group Chief Executive Officer of Enterprise Group, speaking at the ...
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 ...
Parliament approves GH¢1.2b for Transport Ministry, agencies
WEBOn Dec 15, 2022. Parliament on Wednesday approved GH¢1.2 billion for the Transport Ministry and its agencies to carry out activities for the fiscal year ending December 31, 2023. The amount represents a 33.06 per cent increase over the 2022 initial budgetary allocation of GH¢921,483,000.00. The 2022 fiscal year amount was subsequently revised ...
Ghana Audit Service under Domelevo features as good example of …
WEBSep 28, 2020 — Daniel Domelevo. Before Daniel Domelevo was appointed the Auditor-General of the Ghana Audit Service (GAS) in 2016, the Ghanaian public was more familiar with the annual ritual of submitting of audit reports to the Public Accounts Committee (PAC) of Parliament by the GAS and the drama of live TV shows of the sitting to question public officials on expenditures, including some bizarre ...