Finance
Mahama to form joint army-police anti-robbery squads to safeguard 24-hour economic activities
Under a new Mahama government, joint military-police anti-robbery squads would be formed across the country to provide security for economic activities that would take place under the National Democratic Congress’ 24-hour economy proposal.
This was a…
Nigeria to compel oil firms to sell crude to domestic refineries
The federal government through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has introduced new regulations requiring its oil producers to sell crude oil to local refineries in a move to reduce the country’s dependence on imported refin…
PURC fines ECG board members GHS5.8 million for dumsor timetable breaches
The Electricity Company of Ghana (ECG) has been fined hefty sums by the Public Utilities Regulatory Commission (PURC) for various infractions.
The PURC imposed a GHS36,000 penalty on ECG for failing to disclose all its bank and investment accounts de…
Transport Ministry orders police, security agencies to arrest drivers charging unapproved fares
The Ministry of Transport has directed the Ghana Police Service and other security agencies to lookout for transport operators charging fares above the approved ones.
In a directive issued on Sunday, April 14, 2024, the Ministry called upon the Ghana…
Finance Ministry affirms progress in debt restructuring talks with creditors
The Ministry of Finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure.
Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholder…
Letshego Ghana Savings and Loans issues local currency bond worth GHS100 million on the GSE
Letshego Ghana Savings and Loans Plc (‘Letshego Ghana’ or ‘the Issuer’) has successfully listed its latest Bond on the Ghana Stock Exchange on 20th March 2024 to the value of GHS100million.
This is the first issuance under the inclusive finance
FLASHBACK: Get ready to refund monies made from Agyapa deal – Mahama to officials
Former President of Ghana, John Dramani Mahama, in November 2020 stated categorically that any firm that made financial gains from the Agyapa Gold Royalty transaction must get ready to refund those monies when the NDC comes into power.
‘The differenc…
Expect more economic difficulties in the coming years – Prof. Stephen Adei to Ghanaians
Renowned economist, Professor Stephen Adei, has called on Ghanaian to brace themselves for impending economic difficulties in the coming years.
He stressed that the recent delays and hiccups in government’s debt restructuring operations are only sign…