Prime News Ghana

Today's Ghana Business, Banking and Economic news

New mining local content law lacks key detail – NRGI

The Natural Resource Governance Institute (NRGI) has said the recently passed Local Content and Local Participation regulations for Ghana’s mining sector would have been best if it provides further room to detail how to achieve and monitor local content.

Workers at KIA withdraw services, demand MD’s removal

The Ghana Airport Company Limited’s Divisional Union of the Public Services Workers’ Union of the Trade Union Congress, has in a statement directed all general staff of the Kotoka International Airport to withdraw their services.

MTN records GH¢1.3bn profit

Mobile telecommunication leader, MTN Ghana recorded a profit of GH¢1.3 billion last year, about 38.4% year-on-year growth.

Gas sub-sector becoming a fiscal burden to the country – IES study

The Institute for Energy Security’s (IES’) study of the petroleum industry reveals that the natural gas sub-sector is rapidly becoming a fiscal burden to the country due to poor energy strategies, and delays in building the necessary and relevant infrastructure to off-take the processed domestic gas.

Build robust cybersecurity systems - Dr Ernest Addison tells banks

Dr Ernest Addison, Governor of the Bank of Ghana (BoG), has called on banks to build robust systems that will forestall cybersecurity incidences, strengthen their credit risk management policies, engage in risk-sharing arrangements through syndications, as well as effectively manage their operational risks.

Govt under pressure to get 2021 budget ready in schedule

Finance Minister-designate Ken Ofori-Atta’s two week trip to the United States necessitated by COVID-19 related health challenges is unavoidably putting government under pressure with regards to meeting the constitutional timelines for unveiling its 2021 national budget.