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 …
Ghana Parliament approves $250m World Bank loan for energy …
WEBOn Sep 4, 2024. Parliament has approved a $250 million loan agreement from the International Development Association of the World Bank to support the Ghana Energy Sector Recovery Programme. The loan, which was earlier rejected before Parliament went on break, is among the reasons the House was recalled for the two-day emergency sitting.
Ghana-UNIDO trade collaboration has enhanced growth, …
WEBJun 13, 2024 · KT Hammond – Minister of Trade and Industry. Mr K.T Hammond, the Minister of Trade and Industry, has lauded Ghana’s collaboration with the United Nations Industrial Development Organization (UNIDO), saying the partnership has enhanced growth and competitiveness of Ghanaian Small and Medium Enterprises (SMEs).
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 gets $103m AfDB grant to grow SMEs
WEBJun 2, 2024 · Ghana has secured a $103 million need-based funding from the African Development Bank (AfDB) to support Small and Medium Enterprises (SMEs), with a focus on agriculture and digitalisation. The grant, provided by the Bank’s concessional funding body – African Development Fund, would support the implementation of …
Sunyani Airport resumes operations after six years
WEBOn Sep 20, 2022. PassionAir, a domestic airline operator, Monday morning landed the first commercial flight at the Sunyani Airport from Accra after six years of closure. Flight OP132 touched down at the Sunyani Airport in the Bono Region at about 1010 hours. The journey from Accra took about 45 minutes. The Sunyani Airport was on August 3, 2022 ...
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¢ ...
GOIL maintains dividend despite profit decline
WEBJun 7, 2024 · GOIL PLC, one of the largest indigenous Oil Marketing Companies (OMC) in Ghana has decided to maintain a dividend payment of GH¢0.056 per share to its shareholders for the year 2023. This decision comes at a time when the Company recorded a profit decline of 44 per cent amid a significant rise in finance costs and operational costs.
Group calls for 65-70% increment in cocoa price for 2024/2025 …
WEBOn Sep 3, 2024. The Ghana Civil-Society Cocoa Platform (GCCP), an advocacy platform of civil society actors in cocoa, has called for a 65-70 per cent increment in cocoa farm-gate price for the 2024/2025 season. The group said the minimum farm-gate price should be increased to minimum GH¢3,583 per bag (64kg) and GH¢57,320 per tonne of cocoa ...