Today's Ghana Business, Banking and Economic news

Chief Executive Officer of the Ghana Gas Company, Dr Ben Asante has revealed that the facility is incapable of refinancing the $1 billion China Development Bank (CDB) loan acquired for its construction due to the Volta River Authority’s (VRA) indebtedness to the GGC.

The Asantehene Otumfuo Osei Tutu II has called on the Ghana Revenue Authority (GRA) to deepen its efforts in public tax education, particularly for informal sector workers.

This year’s edition of the Ghana Shippers Awards concluded with the emergence of Sea & Shore Services Company Ltd emerging as the country’s Marine Service Provider of the year 2017.

Commercial banks involved in the energy sector debt are expected to be paid by the middle of this month - August using funds generated from the country’s energy bond.

Health practitioners in Ghana have warned the government and general public of a possible cholera outbreak as rainfall intensifies in the country.

A recent analysis has revealed that Road Safety Management Limited - RSML and its partners in the controversial compulsory towing contract, will make an estimated $1 billion over the project’s twenty-year duration.

CAL Bank, one of the commercial banks in Ghana, has unveiled a brand new identity to offer better and technology driven banking services to its growing clients.

Deputy Finance Minister, Kweku Kwarteng, has disclosed that Cocobod’s US$1.3bn syndicated loan would not add to government’s debt stock and that only a portion would be used for collateralization.

Dangote Industries Limited sold 2.3 per cent stake in Dangote Cement Plc to foreign investors on Tuesday in a stock market deal valued at N86.1bn ($236m).

One of Ghana’s leading commercial banks - Cal Bank officially launched its rebranding initiative before an enthusiastic audience of stakeholders in Accra on Wednesday – 2^nd August 2017.

One of the country’s leading mortgage finance institutions, Ghana Home Loans Limited has signed a partnership with a contemporary in the real estate development industry – Appolonia City – Ghana.

The Vice President has announced that the proposed electronic registration or Risk Clearance System at the country’s ports will take effect from the 1st of September 2017.

Some workers of Owere Mines located at Konongo in the Asante Akim-North Municipality of the Ashanti Region stormed the Ministry of Lands and Natural resources on Tuesday to protest poor practices by management.

The Bank of Ghana has disclosed that the introduction of the Letter of Commitment module (LOC) by the Ghana Community Network Services Limited (GCNet) for the Central bank had saved the country $3 billion so far.

The second Pricing-window in July 2017 saw prices on the fuel market maintained by Oil Marketing Companies (OMCs) as projected in the Institute for Energy Security (IES)’s research findings.