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.
Cardinal Namdini says to start single largest stream gold mine in …
WEBSep 30, 2023 · The visit was to familiarise themselves with the operations of the mine, which is a member of the Ghana Chamber of Mines. To achieve its target, the management was investing appropriately US$1 billion dollars to build its infrastructure base, including operational offices and staff accommodation, access roads, electricity, processing plants, water and tailings storage facilities, among other ...
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 ...
Growing industries in Ghana - Ghana Business News
WEBApr 7, 2022 · Currently, it is at $54 billion, 78% of Ghana’s GDP, representing an increase of over 7,000% in the past fifteen years. According to most economists, that is a massive cause for alarm, as the average debt for developing countries is 60% of their GDP. Hence, the country’s economy is in dire straits, and below we list some thriving sectors ...
Ghana invites eligible holders to exchange GH₵137.3b of domestic …
WEBDec 6, 2022 · Ghana is inviting eligible holders to exchange GH₵137.3 billion of the domestic notes and bonds, including Energy Sector Levy Act Plc and Daakye Trust Plc, for a package of New Bonds to be issued by the country.
Bui Power Authority’s 50MW Solar PV farm to be completed end …
WEBJun 19, 2023 · Kofi Dzamesi. The Bui Power Authority (BPA) in collaboration of the grid operator is constructing a 50MW Solar PV farm, which is scheduled for completion by the end of 2023. The plant will include 5km of transmission lines enabling the vast improvement of electricity distribution in the Dagbon area. Mr …
Five employees of K Ofori Enterprise Limited remanded for …
WEBDec 27, 2022 · Five employees of Kwadwo Ofori aka K Ofori Enterprise Limited have appeared before an Accra Circuit Court for allegedly stealing building materials worth GH¢2,615,011. The accused persons are Santa Nangba, a 27-year-old Sales Manager, Peter Bawla, a 28-year-old Supervisor, William Dagadu, 27, Michael Jeffery a 28-year-old IT Technician and ...
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 developing first Biodiversity Policy to protect nature
WEBAug 19, 2021 · Ghana is developing its first Biodiversity Policy aimed at reducing threats to its over 6,000 flora and fauna to promote the sustainable utilization of biodiversity and benefits sharing to meet the people’s needs. The draft policy, which is at the consultation stage, is in line with the post-2020 global biodiversity conservation framework, an ...
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