The Managing Director of Stanbic Bank Ghana Limited, Mr Alhassan Andani, says the country has reached a crossroads where it has to choose between imports and exports in its attempts to find lasting solutions to the perennial depreciation of the cedi against its major trading partners.
The Bank of Ghana (BoG) says it will crack the whip on recalcitrant forex bureau operators who fail to comply with the laws governing forex trading in the country.
Ghana needs to increase indigenous ownership of the economy through structural changes that allow citizens and domestic firms to export goods and repatriate more foreign currencies into the country
Workers of the Ghana Ports and Habours Authority (GPHA) have expressed concern about what they have described as the government's inaction in the implementation of the concession agreement for the expansion of the Tema Port.
MODEC Production Services Ghana JV Limited (MPSG), providers of floating solutions for the offshore oil and gas industry, has announced the appointment of Theophilus Ahwireng as Managing Director with effect from April 23, 2019.
All is set for Ghanaian companies in the oil and gas sectors of the economy to participate in the 50th Offshore Technology Conference (OTC 2019) in Houston, Texas from May 6 to May 9 this year.
The Managing Director of Stanbic Bank Ghana Limited, Mr Alhassan Andani, has appealed to Ghanaians not to talk ill about the cedi, explaining that such comments erode confidence in the currency, leading to increased depreciation.
The Managing Director of the Graphic Communications Group Limited, Mr Ato Afful, has called for an honest discussion on how to find sustainable solutions to the perennial depreciation of the cedi.
The cost of data and Internet penetration still remains a major challenge in Africa, the Communications Manager of Google, Ms Dorothy Ooko, has stated.
The Bank of Ghana (BoG) is in a weaker position to ensure that the cedi depreciates at predictable and sustainable rates against its foreign currencies, a retired Deputy Governor, Mr Emmanuel Asiedu-Mante, has observed.
The Open Forum for Agricultural Biotechnology Africa (OFAB) has noted that it was normal for the country to witness divergent views on the introduction of genetically modified organisms (GMOs) into our agricultural sector, predicting that Ghana will emerge victorious at the end of the day.
The government could save an amount of €4million if it combines phase two and three of the Kumasi Airport redevelopment project, the Ghana Airport Company has indicated.
Last year, tax revenue collected from consumers for using communication services in the country hit GH¢420 million. This represents an increase of 27.7 per cent over the 2017 figure, data sourced from the 2018 provisional fiscal data on public finances of the Ministry of Finance has showed.
Emirates Airlines, an international airline operator, and Africa World Airlines (AWA) have announced a one-way interline agreement to connect passengers within West African destinations.
The take-or-pay obligations under the various gas purchase agreements has brought financial burden to the Ghana National Petroleum Corporation (GNPC), the Parliamentary Select Committee on Mines and Energy has indicated.
The Customs Division of the Ghana Revenue Authority (GRA) has said the use of the benchmark value to valuate imported goods at the country’s ports was to ensure that taxes are fairly paid to the State.
After cleaning up the banking sector, the Bank of Ghana (BoG) is now set to raise GH¢7 billion from the government to support distressed savings and loans companies and other finance houses.
