Prime News Ghana

Today's Ghana Business, Banking and Economic news

GNPC renews partnership with Gambian National Petroleum Corporation

The Ghana National Petroleum Corporation has renewed a Memorandum of Understanding (MOU) which was signed in 2019 with the Gambia National Petroleum Corporation (GNPC-Gambia) to promote and intensify cooperation between the two countries in the oil and gas industry.

Newmont Ahafo North project stimulates local businesses

In the same way that mining supports the way we live, it also cushions economic growth and development. Mining precious metals like gold has been a major contributor to socioeconomic development in many African economies.

Central bank hikes lending rate as inflation nears 40%

The cost of loans in Ghana is set to increase again for the average borrower, following an upward review of the rate at which banks can borrow money from the central bank, otherwise referred to as the policy rate.

BoG’s proactivity set to drive domestic Industry 4.0 – AZA Finance CEO

The forward-thinking, proactive posture and actions of the primary financial sector regulator – the Bank of Ghana (BoG) – guarantees the nation will be at the forefront of the Fourth Industrial and digital financial revolutions on the continent, Chief Executive Officer (CEO) of AZA Finance, Elizabeth Rossiello, has suggested.

Transport Ministry backs Airport Company's service charge review

Deputy Minister for Transport, Hassan Tampuli, has backed the request of Ghana Airport Company’s (GACL) to have their user fees and services reviewed upwards to enable them undertake proper maintenance service in the new airports that are springing up across the country.

NPA sanctions 9 oil companies over unlawful practice

The National Petroleum Authority (NPA) has fined nine oil marketing companies GH¢2,215,000 for engaging in illicit third-party trading of petroleum products, and unlawful lifting of petroleum products.

GRA shuts down China Mall

Ghana Revenue Authority (GRA) have closed some branches of the China Mall Shopping facilities in Accra for non-compliance of the e-invoicing system for Value Added Tax (VAT) introduced by the Authority.