Ghana
Vai alla Scheda Paese »Action without thought is empty. Thought without action is blind.
— Kwame Nkrumah
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Goldman Sachs Global Strategist to speak in Ghana
Lisa Opoku, one of the top black women in global finance and Chief Operating Officer of the Technology Division and Global Strategist for Goldman Sachs will be speaking at 18th MTN Business World Executive Breakfast Meeting. It is scheduled to take place in Accra on the 11th of August, 2016. The theme ...
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Failure to raise Eurobond proof of ailing economy – Akoto Osei
The Minority Spokesperson on Finance, Dr. Anthony Akoto Osei, says the failure of government to raise US$700 million from its 4th Eurobond outing is glaring evidence that Ghana’s economy is in a bad shape. Speaking to Citi News, Dr. Anthony Akoto Osei noted that “the negotiations with IMF are not ...
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New oil sector law progressive for Ghana – Dr. Manteaw
The Ghana Extractive Industry Transparency Initiative, GHEITI, has lauded the passage of the Petroleum Exploration and Production Bill 2016, saying it will address critical concerns in Ghana’s oil and gas sector. The civil society believes issues such as disputes arising from the unregulated sale of shares in oil blocks as ...
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Suspended Eurobond reflects low investor confidence – Ken Thompson
The Chief Executive Officer of Dalex Finance, Ken Thompson has stated that the high interest demand on the suspended issuance of Ghana’s Eurobond reflects investors’ assessment of the economy. According to him, investors will always push for high interest rates when the risks are high. The Ministry of Finance yesterday ...
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NLC orders CLOGSAG to call off ‘illegal’ strike
The National Labour Commission (NLC) has ordered the Civil and Local Government Staff Association of Ghana (CLOGSAG) to call off its week-old strike over interim premium allowances. According to the NLC, CLOGSAG failed to inform the Commission of their intention to strike a week prior to its commencement, as the law ...
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Vodafone Business Solutions headlines SME Ghana awards
Vodafone Business Solutions (VBS) the enterprise arm of Vodafone Ghana is, for the second consecutive time, the headline sponsor of the Small and Medium Enterprise Ghana Awards (SMEGA). The award scheme, which is aimed at challenging, rewarding and encouraging entrepreneurship in the country, is scheduled for 10th August, 2016 at ...
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Ghana puts on hold 2016 Eurobond issue
Government has put on hold plans to issue its fifth Eurobond which was scheduled to take place next week. Government was seeking to raise 700 million dollars, majority of which was to be used to retire Ghana’s first Eurobond which matures next year [2017]. Finance minister Seth Terkper early this ...
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BoG to sanction banks over failure to adopt ‘Instant Pay’
Citi Business News has gathered that the Bank of Ghana has given universal commercial banks up to December 31, 2016 to get hooked to the Ghana Instant Pay (GIP) platform or be hit with sanctions. This comes after the central bank deferred the initial deadline which was 31st August 2016. ...
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Ghana’s Parliament ratifies EPA with EU
Ghana’s parliament has ratified the Economic Partnership Agreement (EPA) between government and the European Union (EU). Government earlier signed onto the agreement (interim) but was awaiting ratification from Parliament as stipulated in the country’s laws in relation to international agreements. The ratification of the agreement by Parliament will lead to ...
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Parliament passes Bank of Ghana Amendment Bill
The Parliament of Ghana has passed the Bank of Ghana (BoG) Amendment Bill to strengthen the central bank’s functional autonomy. A press release issued By the Ministry of Finance and signed by a Deputy Finance Minister, Cassiel Ato Forson explained that the amendment will strengthen the BoGs governance system and ...
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New airport safety charges to start by end of year – GCAA
The Ghana Civil Aviation Authority has told Citi Business News the implementation of the safety charges on passenger and cargo will be effective by the end of year. The policy, initially scheduled to take off on the 1st of August 2016, has since been suspended for further deliberation. Per the ...
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Businesses, shipping companies in shipping charges row
Key business associations in Ghana are calling on government to reject the Terminal Handling Charges yet to be implemented by shipping companies at the ports. The business associations argue it will be unfair to add unto their numerous tax charges as their businesses are already on the brink of collapse. ...
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Ghana’s economic prospects still bright – Jon Benjamin
British High Commissioner to Ghana, Jon Benjamin, says he is confident of a rebound in the Ghanaian economy if what he refers to as the right decisions are made. This is contrary to doubts of some following current economic challenges facing the country. According to Jon Benjamin, Ghana has huge potentials ...
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Ghanaians need critical health information – Minister
The Minister of Health, Alex Segbefia says Ghana can achieve all health related social development goals through a comprehensive, effective health promotion.Mr Segbefia said the nation needs critical health information to inspire people to take action. In this regard, government is expanding facilities for the public to access good health ...
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Ghana: Finance Minister Says Cooperation With China More Diverse
[Focac] Accra -Chinese investment in Ghana grows rapidly and the cooperation between the two sides is becoming more diverse in recent years, Ghana's Finance Minister Seth Terkper said Wednesday.
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Accra Airport City to be transformed
The Managing Director of the Ghana Airport Company Limited, Charles Asare, says the Company is poised to develop the Airport City into an ‘aerotropolis’ which would provide a one stop shop for travelers and the public. According to him, the Ghana Airport Company has already “registered the trade name Airport ...
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Q & A with CEO of GIPC – Mawuena Trebarh
Mrs Mawuena Trebarh was appointed CEO of the Ghana Investment Promotion Centre (GIPC), by the President of Ghana, John Mahama in 2013. The GIPC is the institution mandated with the registration of all investments into the country; both domestic and foreign. Mrs Mawuena Trebarh holds a B.Sc. in Geology & ...
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Govt’s mismanagement cause of Ghana’s woes – Konadu
The flagbearer of the National Democratic Party (NDP), Nana Konadu Agyeman Rawlings has criticized the Mahama administration for its management of the country which she says is responsible for the current state of the economy. She opined that the current administration has failed in the mandate for which it was elected ...
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Judges were harsh on Montie FM trio – Hanna Tetteh
The Minister of Foreign Affairs, Hanna Tetteh, has described as harsh the sentence given to the host of the ‘Pampaso’ political show on Accra-based Montie FM, Salifu Maase, alias Mugabe, and the two panelists, Alistair Nelson and Godwin Ako Gunn, after they were found guilty of contempt. The two panelists had ...
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Terkper rules out renegotiation of IMF programme
Finance Minister Seth Terkper has ruled out any move to renegotiate some terms under the US$ 918 million three year credit facility programme with the International Monetary Fund (IMF). As part of the programme, Ghana is required to reduce the Bank of Ghana’s (BoG) financing of government’s budget from 10 ...
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Minority criticizes gov’t over $2.1 bn food imports
The Minority in Parliament has revealed that government, last year, spent 2.1billion dollars to import only eight food crops into the country. Minority spokesperson for Agriculture, Dr. Owusu Afriyie Akoto who made the revelation tells Citi Business News the move is driving local farmers and the agriculture sector in Ghana ...