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.
Investment Archives - Ghana Business News
WEBJul 31, 2024 0. The Ghana Investment Promotion Centre (GIPC) moved out of office spaces it occupied for free into a private property where the rent increased from GH¢3.25 million to GH¢7.6 million, way above 100 per cent increment within three years, the…. Editorials/Opinion.
French bank, Société Générale is leaving Ghana after 20 years
WEBOn May 4, 2024. Société Générale, a French bank, has made the decision to withdraw from the Ghanaian market just twenty years after entering. Alongside Ghana, the bank has also chosen to exit operations in two other African countries, namely Tunisia and Cameroon. Sources close to the bank reveal that Société Générale has enlisted 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 ...
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 The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981).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 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 ...
New increased Ghana passport fees announced
WEBApr 1, 2024 — It said the adjustment would take effect from Monday, April 01. According to the announcement, the new processing fees for various types of passport documents include Expedited Application 48 pages GH¢800.00, Expedites Application 32 pages GH¢700.00, Standard Application 32 pages GH¢500.00, Standard Application 48 …
President launches Office of the Registrar of Companies
WEBJul 23, 2022 — President Nana Addo Dankwa Akufo-Addo Friday launched the newly created Office of the Registrar of Companies (ORC) that would take charge of the administration of the registration of companies and businesses in the country. The ORC, a statutory entity, contrived from the Registrar-General’s Department, is entrusted with the …
Consolidated Bank Ghana raises GH¢150m for Kasapreko on GSE
WEBFeb 20, 2024 — The Consolidated Bank Ghana (CBG) has raised some GH¢150 million on the Ghana Stock Exchange for Kasapreko Company Limited – an indigenous beverage manufacturer. The amount, the first tranche of GH¢600m facility, would be used to support the company’s working capital, finance capital expenditure, including expansion of operations, and ...
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 ...