Ghana Business News — Ghana’s Premier Business News Portal
Africa’s mounting debt crisis and the need for reform in the global financial architecture. Aug 8, 2024 0. Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed heavily from international capital markets and China.
Ghana introduces beneficial ownership regime for company …
2021年3月30日 · The Registrar-General’s Department (RGD) has introduced the Beneficial Ownership (BO) Transparency Regime as part of the Company Registration processes under the Companies Act 2019 (Act 992). A statement signed by Mrs Jemima M. Oware, the Registrar-General, and copied to the Ghana News Agency, said …
NBSSI is now Ghana Enterprises Agency - Ghana Business News
2021年6月7日 · The Ghana Enterprises Agency Act, 2020 (Act 1043), was passed by Parliament in November 2020 and assented to by President Nana Addo Dankwa Akufo-Addo in December, 2020. The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981). Ms Yankey-Ayeh said the NBSSI’s annual budget had increased from GH¢20,000 in 2016 to GH¢ ...
Ghana government provides GH¢100m grant for startups and …
On Dec 1, 2023. The government, through the Ghana Jobs and Skills Project (GJSP) and the Ghana Economic Transformation Project (GETP), has given grant support totaling GH¢100 million to startups and Micro, Small, Medium Enterprises (MSMEs) in 2023. The disbursement of the grant support to over 30,000 beneficiaries was implemented through the ...
Remittances to Ghana reached $4.6b in 2023
2024年7月2日 · Ghana is one of the largest recipients of remittances in sub-Sahara Africa in 2023. The second largest after Nigeria, which received $19.5 billion. Ghana received inflows amounting to $4.6 billion, according to the World Bank Migration and Development Brief for June 2024. Comparing remittances with foreign direct investments (FDIs), the Bank ...
Ghana Parliament approves seven loan agreements at emergency …
On May 3, 2023. Parliament, at its emergency sitting on Tuesday, approved seven loan agreements for the Government, despite opposition from the National Democratic Congress (NDC) Parliamentary Minority. The loans include $150 million Financing Agreement between the Government and the International Development Association (IDA) of the World Bank ...
Ghana to shut down unchartered private universities after August
2024年2月22日 · The Ghana Tertiary Education Commission (GTEC) has warned that all private universities that are not chartered or initiated processes to receive charter would be closed by August 31 this year. Professor Ahmed Jinapor Abdulai, Acting Director-General of GTEC, said the decision was in line with the Education Regulatory Bodies Act, 2020 (Act 1023 ...
World Bank approves $300m loan for Ghana’s economy
2024年1月23日 · The World Bank today approved a $300 million Development Policy Operation for the country. In a press statement copied to Ghana Business News, the Bank said: “The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and ...
Chinese company, Cardinal Namdini reiterates commitment to …
On May 29, 2023. The management of Cardinal Namdini Mining Limited, subsidiary of Shandong Gold, a Chinese mining firm, has reiterated the company’s commitment to engaging in responsible ecological mining to benefit the people and the governments of Ghana and China. “We have given our promises to the Ghanaian Government that with our ...
President launches Office of the Registrar of Companies
2022年7月23日 · President Nana Addo Dankwa Akufo-Addo Friday launched the newly created Office of the Registrar of Companies (ORC) that would take charge of the administration of the registration of companies and businesses in the country. The ORC, a statutory entity, contrived from the Registrar-General’s Department, is entrusted with the important function ...