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Government establishes GH₵15b Ghana Financial Stability Fund
On Dec 8, 2022 Last updated Dec 8, 2022. The government has established the Ghana Financial Stability Fund (GFSF) with a target size of GH₵15 billion to be provided by itself and development partners. The Fund will provide liquidity to financial institutions that participate fully in the Domestic Debt Exchange. A statement issued in Accra by ...
Parliament approves GH¢5.3b as 2023 budget estimates for …
Dec 15, 2022 · Mr Kwasi Amoako-Attah, the Minister for Roads and Highways, moved the Motion on the floor of Parliament. He said the total allocation to the Ministry, as captured in the Budget Statement and Economic Policy for the year, was GH¢5,295,359,626.00, nonetheless, the sum of allocations to the Government, Internally Generated Fund (IGF), Annual Budget Funding Amount (ABFA), and Donor Partners ...
Ghana COCOBOD says it lost GH¢4.8b investment to galamsey
Feb 27, 2023 · The Ghana Cocoa Board (COCOBOD) says it has lost GH¢4.8 billion worth of investment in 35 hectares of cocoa farms to illegal mining (galamsey) activities at Boinso in the Western Region. The investment covered the planting of new cocoa trees and plantain suckers, compensations to landowners and farmers, extension services, among other ...
Consolidated Bank Ghana raises GH¢150m for Kasapreko on GSE
Feb 20, 2024 · The Consolidated Bank Ghana (CBG) has raised some GH¢150 million on the Ghana Stock Exchange for Kasapreko Company Limited – an indigenous beverage manufacturer. The amount, the first tranche of GH¢600m facility, would be used to support the company’s working capital, finance capital expenditure, including expansion of operations, and ...
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Ghana government provides GH¢100m grant for startups and …
On Dec 1, 2023. The government, through the Ghana Jobs and Skills Project (GJSP) and the Ghana Economic Transformation Project (GETP), has given grant support totaling GH¢100 million to startups and Micro, Small, Medium Enterprises (MSMEs) in 2023. The disbursement of the grant support to over 30,000 beneficiaries was implemented through the ...
Ghana introduces beneficial ownership regime for company …
Mar 30, 2021 · The Registrar-General’s Department (RGD) has introduced the Beneficial Ownership (BO) Transparency Regime as part of the Company Registration processes under the Companies Act 2019 (Act 992). A statement signed by Mrs Jemima M. Oware, the Registrar-General, and copied to the Ghana News Agency, said …
NBSSI is now Ghana Enterprises Agency - Ghana Business News
Jun 7, 2021 · The Ghana Enterprises Agency Act, 2020 (Act 1043), was passed by Parliament in November 2020 and assented to by President Nana Addo Dankwa Akufo-Addo in December, 2020. The Act repealed the National Board for Small-Scale Industries Act 434, (Act 1981). Ms Yankey-Ayeh said the NBSSI’s annual budget had increased from GH¢20,000 in 2016 to GH¢ ...
Ghana was supposed to start using PayPal by 2020, what happened?
Apr 12, 2021 · Dr. Mahamudu Bawumia. In May 2018, the Vice-President, Dr. Mahamudu Bawumia said Ghana had concluded discussions with PayPal and if all goes well the country would become PayPal compliant within some timeframe, but those timelines have passed, and Ghana is still not compliant. “I am happy to announce that Ghana has concluded discussions with PayPal and Ghana will therefore, if all goes well ...