Business

Prempeh I International Airport to begin operations on July 1

Business News of Monday, 24 June 2024 Source: www.ghanaweb.com Prempeh I International Airport in Kumasi   In a significant development for Ghana’s aviation sector, the management of Ghana Airports Company Limited (GACL) has announced the upcoming operationalization of the new terminal building at Prempeh I International Airport in Kumasi. In a statement issued on June 24, 2024, the GACL said the ...

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SSNIT-Rock City deal: Go after ‘willing seller’; Bryan Acheampong did no wrong – NDC MP

Business News of Friday, 21 June 2024 Source: www.ghanaweb.com Dr. Bryan Acheampong, Minister of Food and Agriculture David Vondee, the National Democratic Congress (NDC) Member of Parliament for Twifo Atti Morkwa, has defended underfire agric minister, Bryan Acheampong. The minister has been widely critiqued over the planned purchase of major stake in some hotels belonging to the state-owned pensions outfit, SSNIT. NDC MP for ...

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Business News of Friday, 14 June 2024 Source: classfmonline.com Bank of Ghana explains cash supply chain   play videoMr. Dominic Owusu, Head of the Currency Management Department at the Bank   By law, the Bank of Ghana (BoG) is the sole authority mandated to issue and redeem currency, according to Section 35 of the Bank of Ghana Act (2002), Act 612. ...

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Debt relief deal paves way for critical infrastructure investment

Business News of Thursday, 13 June 2024 Source: thebftonline.com Minister of Finance, Dr. Mohammed Amin Adam,   The government has secured debt service relief that will free up resources for crucial infrastructure investments. Minister of Finance, Dr. Mohammed Amin Adam, during a press briefing following the formalisation of a memorandum of understanding (MoU) with bilateral creditors, announced that the agreement reschedules ...

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EU condemns tax on lottery wins

Business News of Monday, 10 June 2024 Source: thebftonline.com   National Lottery Authority   The European Lotteries has expressed disapproval of governments taxing lottery wins and slapping levies on the gaming industry. European Lotteries Head of Legal, Phillipe Vlaemminck, speaking to the B&FT during a training programme on responsible gaming hosted by the National Lottery Authority (NLA) in Accra said: “Lottery ...

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Ghana and Korea seal $2 billion deal to drive development agenda

Business News of Thursday, 6 June 2024 Source: www.ghanaweb.com Finance minister, Dr. Mohammed Amin signed the agreement on behalf of Ghana   The government of Ghana has secured major financial aid to boost its development aspirations. Ghana has signed a $2 billion framework arrangement with South Korea’s Economic Development Cooperation Fund (EDCF). The agreement reached at the 2024 Korea-Africa Summit, will ...

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It will cost US$2.1 million to fix damage on Tema-Mpakadan train – Prosecution tells Court

Business News of Thursday, 6 June 2024 Source: starrfm.com.gh   File photo of the damaged train imported from Poland   The prosecution in the Tema Mpakadan train accident has told the court repairing the train will cost over $2 million. According to the prosecution, an examination of the damage caused to the train was conducted by the manufacturers of the train ...

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Government to introduce e-gates at Kotoka International Airport – Bawumia

General News of Tuesday, 4 June 2024 Source: starrfm.com.gh     Vice President Mahamudu Bawumia, has announced the introduction of e-gates at Kotoka International Airport (KIA) by the end of the year. Speaking at a meeting with clergy in Cape Coast at the start of his regional tour, Dr. Bawumia detailed the upcoming technological advancements aimed at streamlining immigration processes. “In ...

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Government to introduce e-gates at Kotoka International Airport – Bawumia

Business News of Tuesday, 4 June 2024 Source: starrfm.com.gh Kotoka International Airport – File photo   Vice President Mahamudu Bawumia, has announced the introduction of e-gates at Kotoka International Airport (KIA) by the end of the year. Speaking at a meeting with clergy in Cape Coast at the start of his regional tour, Dr. Bawumia detailed the upcoming technological advancements aimed ...

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Ghana records GH¢5.3billion trade surplus 2023 – GSS

Business News of Monday, 3 June 2024 Source: ghanaiantimes.com.gh The trade surplus was driven largely by gold exports   Ghana in 2023 recorded a trade surplus of GH¢5.3 billion, driven largely by gold exports, the Ghana Statistical Service (GSS) Trade Report has revealed. This means that the country exported more products than it imported in the period under review. The country ...

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