Category: Business
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Lands Commission to have one stop verification system for all land searches from October 1
The Lands Commission says it will from Friday, October 1, 2021, have a one-stop verification system for all land searches conducted at the Commission. According to the Commission, reports from its all divisions will be put into one separate report. It made this known in a press statement issued on Thursday, September 23, 2021, and…
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Work to improve GWCL’s finances – Cecilia Dapaah to board
The Minister of Sanitation and Water Resources, Madam Cecilia Dapaah, says she expects the newly sworn-in board of the Ghana Water Company to ensure that it improves the debt situation of the company. The minister was speaking during the swearing-in of the 11-member board of the utility company. She further called on the Board to…
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Ghana to assist Sierra Leone on petroleum downstream regulation
The National Petroleum Authority (NPA) has offered to assist its counterpart in Sierra Leone, the Petroleum Regulatory Agency (PRA), to improve efficiency in regulating the petroleum downstream in that country. In furtherance to this, a team from the NPA, led by its Chief Executive, Dr. Mustapha Abdul-Hamid paid a working visit to the Executive Chairman…
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World Bank’s $55M tourism sector grant to be disbursed this week – Dr Awal
The Minister for Tourism Arts and Culture, Dr Mohammed Amin Awal has indicated that the government will this week begin the disbursement of a $55 million grant from the World Bank to boost the tourism industry. This follows agitations by some stakeholders in the hospitality industry over the delay in disbursing the money. He stated…
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Renegotiate old contracts in extractive sector – Economist urges government
Economist and lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie has urged the government to consider renegotiating old contracts in the extractive sector which do not offer the country value for money. He also wants government to become an active participant in the production process in the extractive sector. Data from the Institute…
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Registrar General’s Department to publish names of 222 companies expunged from its register
The Registrar-General, Jemima Oware, says her outfit will, from October 1, publish the names of two hundred and twenty-two dormant companies whose names have been struck out of the Companies Register. According to her, these companies will be classified as being inactive and will not be able to be accessed for any business transaction for…
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Access Bank launches the Business Startup Challenge
Reinforcing its position as an SME focused Bank, Access Bank Ghana PLC, through its ‘W’ initiative, in partnership with Platinum Africa Solutions, has launched “The Business Startup Challenge” to support startup businesses in the country. The Business Startup Challenge will provide a unique opportunity to five hundred (500) shortlisted young Ghanaian entrepreneurs within the ages…
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Official Liquidator to host investor class meeting for customers of defunct FMCs
The Official Liquidator for the defunct Fund Management Companies (FMCs) will on Thursday, September 23, 2021, have an investor class meeting with customers of some of the financial defunct institutions. A statement issued by the Registrar-General, Jemima Oware, stated that the meeting will be held online on the said date. The statement also announced that…
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Prof. Peter Quartey re-appointed to ADB Board
Economist and Director at the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey has been re-elected to the nine-member Board of Directors of the Agricultural Development Bank (ADB), for a second term. This was announced during the inauguration ceremony for the board in Accra. The board of ADB also has three new…
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Roots of Change: Breaking down the barriers to financial inclusion for rural women in Ghana and DRC
On 15th September 2021, a momentous learning conference was held to mark the completion of Opportunity International UK’s Roots of Change programme at the Alisa Hotel in Accra. Roots of Change was a three-year programme (2018-2021), funded by the UK Government. It used innovations in training, technology and gender awareness to increase financial inclusion and…