General News of Sunday, 11 August 2024 Source: www.ghanaweb.com Ghanaian businessman and politician, Dr. Papa Kwesi Nduom There are contradictions from Liberia on SIB Liberia Limited, a commercial bank owned by Ghanaian businessman and politician, Dr. Papa Kwesi Nduom. According to a report by frontpageafricaonline.com, SIB Liberia Limited is one of two major commercial banks operating in Liberia facing insolvency issues, prompting ...
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Ghana’s $20 million rice scandal
Thursday, 21 February, 2002, 03:31 GMT Former Vice President of Ghana John Atta Mills has testified in the country’s High Court in a $20 million rice plantation case. Five government officials in the administration of former Ghanaian President Jerry Rawlings currently on trial over the loss of project funds, include two former ministers and the chief of staff at the ...
Read More »Ghana Card mandatory for all foreign currency transactions effective August 1 – BoG
Business News of Thursday, 1 August 2024 Source: classfmonline.com File photo of Cedi and US Dollar notes The Bank of Ghana has mandated the use of the Ghana Card for all foreign currency transactions. “All persons seeking to buy or sell foreign currencies must provide a Ghana Card or Passport (for Foreign Nationals) and undergo biometric verification,” the BoG said in a ...
Read More »Parliament passes Shippers’ Authority Bill into Law
Business News of Tuesday, 30 July 2024 Source: thebftonline.com CEO of Ghana Shippers’ Authority, Kwesi Baffour Sarpong and Transport Minister, Kwaku Ofori Asiamah Parliament passed the Ghana Shippers’ Authority Bill, 2024, into law on Monday, July 29, 2024 folllowing its successful 3rd reading on the floor of the House. Among others, the law which amends its 50 years old establishment ...
Read More »€1.5m Tax Waiver: Majority commends Minority for approval
Business News of Tuesday, 30 July 2024 Source: classfmonline.com Parliament of Ghana The Chairman of Parliament’s Finance Committee, Patrick Yaw Boamah, has praised the Minority caucus for supporting recent tax waivers approved by the legislature, describing it as a significant step towards deepening parliamentary collaboration. As Parliament prepares to adjourn sine die on Tuesday, July 30, 2024, the House has approved a €1.5 million ...
Read More »AU endorses Akufo-Addo’s proposal for increased MoMo interoperability across Africa
Business News of Tuesday, 30 July 2024 Source: GNA President Nana Addo Dankwa Akufo-Addo The African Union (AU) has endorsed President Nana Addo Dankwa Akufo-Addo’s proposal for mobile money interoperability across Africa. The proposal considered a crucial step toward the continent’s economic integration, seeks to facilitate smooth economic transactions and increase intra-Africa trade and development. The AU Heads of State ...
Read More »We cannot complete Kumasi central market project before elections – Sam Pyne
Business News of Tuesday, 23 July 2024 Disclaimer Source: starrfm.com.gh Chief Executive Officer of KMA, Samuel Pyne The Chief Executive Officer of Kumasi Metropolitan Assembly (KMA), Samuel Pyne, has announced that the government has released funds for the stalled central market project to resume. Contrata, the construction firm, had left the site and terminated staff appointments, leaving only security and top ...
Read More »We’re getting out of the woods, economy grew 4.7% in Q1 2024 – Finance Minister
General News of Tuesday, 23 July 2024 Source: www.ghanaweb.com Minister of Finance Dr. Mohammed Amin Adam The Minister of Finance, Dr. Mohammed Amin Adam, has said Ghana’s economy is showing strong signs of recovery, with a 4.7% growth in the first quarter of 2024. He mentioned that this was positive development which demonstrates the resilience of government’s economic policies to restore ...
Read More »FULL TEXT: Finance minister’s 2024 Mid-Year Budget Review
General News of Tuesday, 23 July 2024 Source: www.ghanaweb.com Dr Mohammed Amin Adam is the Minister of Finance The Minister of Finance, Dr. Mohammed Amin Adam, presented the 2024 Mid-Year Budget Review to Parliament on Tuesday, July 23, 2024. This is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921) which requires the minister to provide ...
Read More »Government to make mobile phones accessible and affordable – Bawumia
Politics of Monday, 22 July 2024 Source: www.ghanaweb.com Dr. Mahamudu Bawumia is the Vice President of Ghana The flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has announced plans to make mobile phones more accessible and affordable for everyone in the country. In a post shared on X by an account known as ED Hub, Dr. Bawumia was ...
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