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 government provides GH¢100m grant for startups and …
WEBOn Dec 1, 2023. The government, through the Ghana Jobs and Skills Project (GJSP) and the Ghana Economic Transformation Project (GETP), has given grant support totaling GH¢100 million to startups and Micro, Small, Medium Enterprises (MSMEs) in 2023. The disbursement of the grant support to over 30,000 beneficiaries was …
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 The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981).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 ...
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 ...
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 ...
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 ...
Ghana was supposed to start using PayPal by 2020, what happened?
WEBApr 12, 2021 · Dr. Mahamudu Bawumia. In May 2018, the Vice-President, Dr. Mahamudu Bawumia said Ghana had concluded discussions with PayPal and if all goes well the country would become PayPal compliant within some timeframe, but those timelines have passed, and Ghana is still not compliant. “I am happy to announce that Ghana has concluded discussions with PayPal and Ghana will therefore, if all goes well ...
Barclays Bank Ghana officially changes name to Absa Bank
WEBFeb 11, 2020 · Barclays Bank Ghana Limited, on Monday, officially changed its name to ‘Absa Bank Ghana Limited’, a name of the global brand ‘Absa Group Limited’ to clearly represent its global vision and mission to serve customers better. The Absa Bank, launched by the Vice President of the Republic, Dr Mahamudu Bawumia, combines strong expertise ...
Ghana government asked to redefine the scope of ICUMS
WEBOn Jun 11, 2020. The Ghana Institute of Freight Forwarders (GIIF) has called on government to treat as serious their request for redefining the scope of the newly introduced Integrated Customs Management System (ICUMS) clearance platform. The Ghana Revenue Authority (GRA) on June 1, 2020 permanently shut down the GCNet and Westblue systems ...