The Economist Intelligence Unit, EIU says there is no room left for a policy rate cut in the remainder of the year, as the central bank announces its penultimate monetary policy interest rate decision for 2020 today.
Appolonia City, a real estate developer, says talks are far advanced with the government towards obtaining legal designation of its 200-acre industrial park as a special economic zone.
Spanish investors and the wider European business community have affirmed their readiness to contribute significantly to the country’s industrialisation and development cause, but they want the local investments promotor, Ghana Investment Promotion Centre, GIPC, to come clear on its investment-courting law that is set to be reviewed.
The government’s automotive development policy to revitalise the domestic automotive industry is yielding positive results as more global carmakers have announced plans to set up assembly plants locally, the Managing Director of CFAO Motors Ghana has hinted.
A former CEO of the Ghana Chamber of Mines and the Minerals Commission, Dr. Toni Aubynn, has applauded an initiative by German engineering and steel company Thyssenkrupp Industrial Solutions to allow African miners to lease rather than purchase equipment to help them overcome cash flow problems.
The Registrar General will from today begin the final phase of processes that will support payment to investors of liquidated Fund Management Companies.Â
The World Bank is conducting a study on the cocoa industry to ensure the sustainability of the sector which has given the nation several billions of dollars over the years.
Standard Chartered and other global banks with presence in Ghana have been cited by the U.S. Department of Treasury’s Financial Crimes Enforcement Network for suspicious transactions.
