On August 16TH,2019 the Bank of Ghana revoked the licenses of 23 insolvent savings and loans companies and finance house companies in line with the Banks and Specialized Deposit-Taking Institutions Act, 2016. The Bank of Ghana has also appointed Mr....
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei-Bonsu, says the interventions set aside for small and medium scale businesses affected by COVID-19 will not be enough. In a bid to cushion Ghana’s economy for the impact...
By: Cassiel Ato Forson (MP) As a former Deputy Minister responsible for Finance and one who served on the board of the Bank of Ghana from 2013 to 2017, I confirm without equivocation that the Bank Hospital is a President...
The financial performance of 77 enterprises owned by government were mixed, according to the 2018 State Ownership Report Whiles Joint Venture Companies (JVCs) posted impressive financial results achieving an aggregate net profit of GHS1.35 billion in 2018 from a net loss...
The Minority Leader in Parliament, Haruna Iddrisu, has expressed concern about the limited time available for the House to debate and scrutinize the state of the nation address. Legislators have been given a two-day window for the debate instead of...
Prof. John Gatsi  The most commonly known virus to non- health workers over the past century is perhaps Coronavirus.  Recently Ghana announced some measures to deal with the spread and protect human lives. Some of the measures affect the financial...
The National Board for Small-Scale Industries (NBSSI) which has been tasked with the mandate of distributing the GHS600million stimulus package among small and medium scale enterprises (SMEs) as part of efforts to ease the COVID-19 burden on businesses, is...
Finance Minister Ken Ofori-Atta has admitted that it was impossible for the government to have continued the partial lockdown imposed on Accra, Tema, Kasoa and Kumasi beyond the three weeks announced by President Akufo -Addo. According to him, the Ghanaian...
Parliament has approved an $86 million loan facility from Israel for the purchase of armoured vehicles for the Ghana Armed Forces. About $80 million of the amount will go to Elbit Systems Land Limited of Israel for the supply of...
Freight Forwarders in Takoradi on Thursday, May 7th, 2020 picketed at the Customs Division of the Ghana Revenue Authority offices in Takoradi to demand the suspension of UNIPASS which they say has been problematic to their business. According to the...
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