The Ghana National Gas Company (GNGC) on Friday signed a Project Implementation Agreement with its joint venture partners to construct a second Gas Processing Plant (GPP Train 2) at an estimated cost of US$700 million.
MTN Group Limited, Africa’s largest wireless carrier, has said a GH¢8.2 billion ($672 million) tax bill it received from the Ghana Revenue Authority (GRA) has been scrapped.
Ghanaians will from today February 1, 2023, start paying more for electricity and water following the upward tariff adjustment announced by the Public Utilities Regulatory Commission (PURC) last month.
The Minister for Works and Housing, Francis Asenso-Boakye (MP) has revealed government’s commitment of GH30m towards the initial implementation of the newly introduced National Rental Assistance Scheme (NRAS).
The Monetary Policy Committee of the Bank of Ghana has increased the Policy Rate by 100 basis points (1 percent) to 28 percent, citing the need to drive inflation downwards.
The Ghana Federation of Labour (GFL) has recommended a 50 per cent haircut on the salaries and emoluments of Article 71 Office Holders as part of the Debt Restructuring Programme and to reduce the pressure on the public purse.
President Akufo-Addo has called on business leaders on the African continent, to as a matter of priority, champion intra-African trade in order to fast-track the implementation of the Africa Continental Free Trade Area (AfCFTA) agreement.
The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter.
The Government of Ghana and the Ghana Insurers Association have reached an agreement on the participation of insurance companies in the Domestic Debt Exchange (DDE) programme.
The maiden edition of The Africa Prosperity Dialogue Series dubbed the ‘Kwahu Summit’ is ongoing with Africa’s political and business leaders, gathering and brainstorming on the all-important single market project for the continent.
The Government of Ghana and the Ghana Association of Bankers (GAB) have reached an agreement on the new terms for the Domestic Debt Exchange programme.
