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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

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    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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Parliament approves Air Navigation Services Agency Bill to decouple Aviation sector

byMinna Dablu
November 6, 2020
in Local Economy, Top Stories, Transport
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Parliament has passed the Air Navigation Services Agency Bill. If assented to by the President, the law will create an independent entity out of the current Ghana Civil Aviation Authority (GCAA).

The objectives of the Bill are to establish the Air Navigation Services Agency to provide air navigation service within the airspace of Ghana and any other airspace within the control of Ghana.

It will also, not only enhance the air navigation service delivery within the Accra Flight Information Region but will also build capacity for consultancy within the sub-region.

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Speaking on the floor of Parliament, Chairman for the Committee on Roads and Transport, Samuel Ayeh-Paye said Ghana has experienced its fair share of air traffic volumes in freight and passenger cargoes; and an autonomous institution (Air Navigation Services) would provide not only air navigation safety but support holistic drive of promoting the national image of Ghana in the global airspace.

“This has hastened calls for the decoupling and the strengthening of infrastructure and its inherent institutions to meet both national and international obligations and best practices,” he indicated

Speaking to the press in Parliament, Minister of Aviation, Joseph Kofi Adda said, this move guarantees the independence within the aviation sector.

“We’ve been able to pass another Bill that will set up another independent agency, which will be the Air Navigation Services Agency again coming out of the Ghana Civil Aviation Authority. For a long time, we all know that the Civil Aviation Authority was set up in Ghana to oversee all Aviation matters.”

“In 2006, we were able to decouple the Authority by setting up the Ghana Airport Company Limited (GACL) and that’s the first step in the decoupling process. From 2006 on to this year, we were not able to do any further decoupling. Also, early this year, we were able to set up the Aircraft Investigation Bureau to make it independent,” he said.

The separation of the air navigation and regulatory functions of the GCAA is in line with international best practice in aviation and recommendations of the International Civil Aviation Organization (ICAO) to ensure that the GCAA does not act as an operator and regulator at the same time.

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