After a prolonged silence (at least to the local media), government has at last provided reasons for its decision to the extend the three-year International Monetary Fund (IMF) Credit Facility programme by another one year.
The government will kick-off its One Village One Dam initiative in the Kpandai District of Ghana’s Northern region, with the building of 10 units of 300KW Biopower and 80 hectares of centre pivot irrigation dams in 10 selected villages in the area.
Fifteen of Ghana’s commercial banks are expected to collapse over the next one year unless they experience a somewhat ‘miracle’ with their financing needs.
The Bank of Ghana will from Monday, September 11 give banks in the country three months to recapitalise to GH¢400 million, equivalent to about US$100 million.
Retailers in Zimbabwe want the central bank to put a speedy end to foreign payment bottlenecks for suppliers of goods and commodities to shops in the country. This comes as shortages have started to emerge, owing to a foreign currency crunch.
After seventeen years since its introduction, Ghana has ratified the Montreal Convention of 1999, which addresses issues of aviation passenger rights and protection.
There is no doubt that one is likely to find a Nigerian in almost every part of the world engaged mostly in business or trade. However, the impression with the country – currently the most populated and largest market on the African continent, has not been all positive.
The Lands commission has disclosed plans to publish the names of some residents in Accra who have defaulted in the payment of their ground rents and subsequently, have them face legal action.
Following a proposed recapitalisation plan for the industry by the National Insurance Commission, the country’s Insurance companies are now likely to double their existing capital requirement to remain in business.
Ghana's Youth Employment Agency (YEA) will by the end of this month - September 2017, launch six (6) new modules aimed at building the capacity of graduate youths in the country.
After a shut down by the GRA that lasted more than two months over an alleged tax default, one of the country's mobile telecommunications operators - Glo Ghana has resumed for business .
The average ex-pump price for petroleum products in the country fell below estimates by the National Petroleum Authority (NPA) by the end of August by 10.8%. Â
