Today's Ghana Business, Banking and Economic news

Ghana’s legislature has given its approval to the Petroleum Production and Exploration Bill on Thursday.

The law, which will regulate the nation’s oil sector, comes nine (9) clear years after Ghana discovered oil.

The Power Ministry has suspended agreement with three external parties over some assets of the Volta River Authority (VRA) Thursday.

 

The Driver and Vehicle License Authority (DVLA) has introduced a new service called “DVLA Express Mobile Services (DEMOBS)”, which is expected to enhance the Authority's service delivery by bring it close to the doorstep of its customers.

Africa World Airlines (AWA) has been adjudged the ‘Domestic Airline of the Year 2015’ at the maiden National Aviation Awards Ceremony held in Movenpick Ambassador Hotel in Accra on Friday 29th July 2016. This is not the first time the airline is picking such an award, AWA won The Domestic Airline of the Year 2014 at the National Tourism Awards last year making it 2 times in a row.

An Emirates plane carrying 300 people caught fire on a runway at Dubai International Airport after crash-landing. All departures have been suspended, and arrivals have been diverted to other airports.

The London trader who lost the Swiss bank UBS £1.4bn ($1.9bn) has apologised and said that banking has not done enough to regain the public's trust.

A report by think tank IMANI Centre for Policy and Education reveals financial irregularities cost the country GHC3,933,608,067.52, from 2012 to 2014 due to failure to adhere to rules and regulations pertaining to debt management.

Despite the bird flu outbreak, the poultry industry is still resilient, Dr. Hannah Bissiw, a Deputy Minister of Food and Agriculture (MoFA), has said.

She applauded all stakeholders in the poultry value chain, especially the farmers, who are working hard to ensure no outbreaks on their farms.

One of Ghana's most successful indigenous financial service providers, GN Bank, will be listed on the Ghana Stock Exchange (GSE) in 2017, President of Groupe Nduom, the bank's owners, Dr Paa Kwesi Nduom has revealed.

Reports reaching primenewsghana.com indicate Royal Bank Limited founder Alhaji Adamu Iddrisu is dead.

Alhaji Iddrisu who is also the owner and Chairman of Global Haulage Group Limited is said to have died early Wednesday morning after dawn prayers. 

US internet firm Yahoo is being acquired by American telecoms giant Verizon Communications for nearly $5bn (£3.8bn) in cash.

Finance Minister, Seth Terkper on Monday presented a mid- year budget review and a supplementary budget to parliament.

Finance Minister, Seth Terkper, will Monday present a mid-year budget review and a supplementary budget to parliament, the last before general elections in December this year.

Ghanaian born U.K resident Kweku Adoboli has lost his appeal against deportation to Ghana.

Over 5000 youths are to be trained by through a partnership between the Youth Employment Agency (YEA) and the National Vocational Training Institute (NVTI).