The National Democratic Congress (NDC) Member of Parliament (MP) for Ningo Prampram constituency, Mr Sam George, has called on the government to implement the United Nations (UN) conventions on the statelessness of refugees in the country.
The Tema Command of the Customs Division of the Ghana Revenue Authority (GRA), says it has begun the implementation of the reduction in physical examination of containers at the port from the previous 90 per cent to 10 per cent.
In the wake of the discussions raging over the level of depreciation of the local currency against the major foreign trading currencies, particularly the United States dollar, the Chief Executive Officer (CEO) of Dalex Finance, Mr Ken Thompson, has asked the government to allow the cedi to fall in order to reflect its true value.
In a move to contribute its quota to the ease of doing business in the country, the Ghana Revenue Authority (GRA) has introduced an integrated system that will help individuals and businesses file their tax returns and also pay their taxes, among other things, digitally.
The five indigenous banks that the Ghana Amalgamated Trust Limited (GAT) Limited is supporting to recapitalise have now met the Bank of Ghana’s (BoG)GH¢400 million capital directive, the Governor Central Bank, Dr Ernest Addison, has confirmed.
A former chairman of the Confiscated Vehicles Allocation Committee (CVC) during the presidency of John Evans Atta Mills, Carl Wilson, is advocating an extension in the duration given to importers to clear their vehicles from the ports.
The Chief Executive Officer (CEO) of IT Consortium Limited, Mr. Romeo Bugyei, has called for closer collaboration between government, regulatory bodies and FinTechs in Ghana to push informal pensions to citizens.
The Bank of Ghana (BoG) has requested for financial support from the Ministry of Finance to clean up the microfinance and savings and loans industry to save thousands of depositors from losing their funds.
Barclays Bank Ghana, has expressed confidence in the local currency saying, there is no need for the public and the investor community to panic about the depreciation of the Ghana cedi against some of the major foreign currencies, particularly the United States dollar in the system.
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has indicated that reforms to Ghana’s import duty regime, which will bring down the high duties prevailing in Ghana’s ports, are in the offing, and will be rolled out soon.
The New Patriotic Party (NPP) Member of Parliament (MP) for Juabeng, Ms Ama Pomaa Boateng, has proposed to Parliament to, as a matter of urgency, pass a law to incorporate cryptocurrency into Ghana’s financial sector.
Ghana is currently at a turning point and looking forward to a more advanced economy. As the Republic presses on to the next frontier of economic development, it has opened up its market to foreign investors to expand local industries.
An ambitious project is underway to install 55 small-scale renewable electricity production and distribution systems, known as mini grids, in island communities on the Volta Lake and those with limited access to the national grid by 2020.
Abidjan, Cote d’Ivoire, 25 March 2019 - The African Development Bank, heads of 34 leading financial institutions covering Africa and other partners of the Africa Investment Forum have reaffirmed their commitment to “scale up, speed up, and synergize” efforts to deliver transformative projects across the continent.