Ghana
Vai alla Scheda Paese »Action without thought is empty. Thought without action is blind.
— Kwame Nkrumah
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Multinationals must list on Ghana Stock Exchange – SEC
The Director General of the Securities and Exchange Commission, SEC, Dr. Adu Anane Antwi has reiterated the need for multinationals to list on the Ghana Stock Exchange (GSE). He argues among other things that the move will benefit the country as economic challenges such as foreign exchange losses could largely ...
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Lamamra receives special representative of Ghanaian FM
ALGIERS- Minister of State, Minister of Foreign Affairs and International Cooperation Ramtane Lamamra has received, Sunday in Algiers, a Ghanaian delegation led by Victor Gbeho, the special representative of Ghana's minister of Foreign Affairs. In a statement to the press at the end of the audience granted to him ...
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We’re ready to help investors acquire lands-Trade Ministry
The Ministry of Trade and Industry has expressed its readiness to assist foreign investors acquire lands to set up manufacturing firms in the country. The assurance comes after the Chinese Ambassador to Ghana Madam Sun Baohong told Citi Business News that even though a number of Chinese investors are ready to relocate ...
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GCNET pays GH¢25m in dividends to government
The Ghana Community Network Services Limited (GCNET) has presented a total of 25 million cedis in dividends for 2015, to the government of Ghana for its share in the company. The payment was concluded when the company presented a 10 million cedis interim dividend cheque to the Ministry of Finance ...
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Domestic airlines to be grounded on Saturday
All domestic flights in the country will be grounded from Saturday due to a strike by the workers of the Ghana Civil Aviation Authority (GCAA). The decision follows what the workers refer to as unsatisfactory, the size of acres of land offered for the installation of air navigation equipment. Citi ...
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SEC intensifies lobbying to compel multinationals to list on GSE
The Securities and Exchange Commission, SEC, has intensified its call for multinationals operating in the country to list on the Ghana Stock Exchange (GSE). SEC believes this will benefit the country’s economy as issues bordering on foreign exchange losses will be addressed by this move. The Commission has been pushing ...
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GRA begins duty drawback payments
The Ghana Revenue Authority (GRA) has told Citi Business News it has commenced the payment of outstanding duty drawbacks due some exporters and manufacturers. According to the GRA, twenty-seven (27) exporters and manufacturers have had their documents approved by the Commissioner General hence the approval of the payment. Speaking to ...
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Banks welcome Deposit Protection Bill
Some players within the banking industry have welcomed the passage of the Deposit Protection Bill, stating that the law will increase confidence in Ghana’s financial sector despite the low compensation package captured in it. Parliament last week passed the Deposit Protection Bill awaiting presidential assent but the bill has received ...
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Fix loopholes in tax system to restore confidence—ICAG
The president of the Institute of Chartered Accountants Ghana,(ICAG) Professor K.B. Omane-Antwi has urged government to block loopholes in Ghana’s tax system to encourage the payment of taxes and restore confidence in the economy. His comment was in reaction to a recent survey conducted by auditing firm, KPMG, on the ...
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Ghana – US trade volumes to double to $2.5 billion in 3 years
Ghana’s trade volume with the US is expected to double within the next three years following the increased trade engagements between the two countries. According to the US Ambassador to Ghana, Robert Jackson, the volume of trade between the two countries is expected to increase from the current 1.2 billion ...
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ECG confirms new subsidies; debunks any change in tariff structure
The Electricity Company of Ghana(ECG) has confirmed the introduction of subsidies but says the move will not change the current tariff structure approved by parliament last year. According to the power distributor, the subsidies introduced will in no way substitute the current tariff structure which includes taxes and levies. Speaking ...
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GIPC lauds moves by Chinese investors to relocate to Ghana
The Ghana Investment Promotion Centre (GIPC) has lauded moves by some Chinese companies to relocate to Ghana to have access to raw materials. The Minister for Trade and Industry, Dr Ekwow Spio Garbrah recently announced that a number of Chinese companies have contacted government to relocate into Ghana to enable ...
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ECG privatisation long overdue – Energy Institute
Think tank, Institute of Energy and Climate Change Policy (IECP) has said government’s move to privatise the Electricity Company of Ghana (ECG) is long overdue. According to the think tank, private sector is essential for the growth of Ghana’s economy hence allowing private participation in the affairs of ECG is ...
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Ghana’s inflation to decline soon with IMF program – US Ambassador
The US Ambassador to Ghana, Robert Jackson, has told Citi Business News of a decline in inflation soon, as Ghana sticks with the IMF program. In the Ambassador’s view, the Ghanaian economy has witnessed relative stability compared to the turbulence that characterized it for a greater part of last year. ...
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Make irrigation policy private-public partnership-Dr. Abu Sakara
An agronomist, Dr. Abu Sakara Foster has called for private-public partnership in Ghana’s national irrigation policy to help increase productivity in the agriculture sector. Currently, there are twenty two irrigation projects all over the country constructed by the Ghana Irrigation Authority, covering over 6,000 hectares. In addition to this, there ...
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BOG’s surrender and repatriation of export receipts to stabilise Cedi
The General Manager of NDK Capital Limited, Mr. Hammond Mensah is optimistic the cedi will experience some level of stability in the short to medium term as the Bank of Ghana prepares to implement the amendments to the requirements for surrender and repatriation of export receipts by exporters. Speaking to ...
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EC’s 56,000 NHIS registrants doubtful – Franklin Cudjoe
The President of IMANI Ghana, Franklin Cudjoe, has suggested that the 56,000 names presented by the Electoral Commission (EC) to the Supreme Court as the full list of Ghanaians who used National Health Insurance Scheme (NHIS) cards as proof of citizenship to register ahead of the 2012 elections, may not be ...
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China to increase exports from Ghana
China is seeking to increase its import of goods from Ghana to strengthen bilateral trade between the two nations. Already, trade volumes between Ghana and China hit 6.5 billion US dollars in 2015 as the figure is expected to grow this year. Speaking to Citi Business News, the Chinese Ambassador ...
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Gov’t introduces visa on arrival programme in AU countries
Government has introduced a new policy that would facilitate the movement of potential travelers from member states of the African Union (AU) to Ghana. The policy, termed ‘visa on arrival’ programme, is also expected to increase trade links between Ghana and other countries. Ghana is the first country to implement the ...
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Refugees and migrants fleeing sexual violence, abuse and exploitation in Libya
Source: Amnesty International Country: Chad, Egypt, Eritrea, Ethiopia, Ghana, Italy, Libya, Niger, Somalia, Sudan, Syrian Arab Republic, WorldHorrifying accounts of sexual violence, killings, torture and religious persecution collected by Amnesty Int'l reveal the shocking range of abuses along the smuggling routes to and through Libya.Horrifying accounts of sexual violence, killings, torture ...
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New BoG export receipts repatriation rule takes off today
The Bank of Ghana will from today July 1, commence the implementation of a new directive which is to compel all exporters, except those with Retention Agreements, to repatriate in full all their export receipts to their foreign exchange accounts (FEA) with local banks in Ghana to be converted into ...