Vodafone’s subsidiary and operator of the mobile telecommunications company in the country – the National Communications Backbone Company (NCBC) has cleared 30% of its tax arrears owed to the Ghana Revenue Authority (GRA).
The Bank of Ghana has announced that it is giving two of the country’s distressed banks until September this year to improve on their financial position, or else face liquidation.
The South-African owned multinational telecommunications company – MTN Ghana has disclosed that about 3.4 million of its inactive subscribers have been deleted.
Following the impressive performance of the stock market last week, investors have maintained a positive outlook of the Ghanaian market, resulting in a higher flow of investments to the country’s equities.
Following the meeting of the country’s central bank Monetary Policy Committee (MPC), the Bank of Ghana has for the fourth time this year reduced its monetary policy rate.
Current figures from the Bank of Ghana (BoG) indicates that the country’s total public debt as at May 2017 hit GH₵137.2 billion and as a result, the latest debt-to-GDP ratio is now at 67.5%.
The Ghana Investment Promotion Centre (GIPC) has launched the 16th edition of the Ghana Club 100 (GC) Awards in Accra on the theme: “Industrialisation: A Tool for Job Creation and Accelerated Economic Development.â€
Ghana’s Senior Minister has expressed the view that the $15 billion dollar resource-exchange deal with the Republic of China is the best way to support the government in achieving its developmental programs.
The Ghanaian government as part of its fight against illegal mining in the country, has disclosed an on-going process to establish mining districts that will integrate and effectively regulate the activities of small scale miners in the country.
The nation’s public servants may heave a sigh of relieve from the latest development from Ghana government's increase in their basic salaries effective from next year.
