Tag: Ghana
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Stanchart pays GH¢140 million in dividends for 2018
Shareholders of Standard Chartered bank have voted to approve a dividend per share of 1 cedi 4 pesewas for 2018. This represents 7 percent drop compared to the 1 cedi 12 pesewas dividend per share approved in 2016. The total dividends for last year amounted to 140 million cedis. The Board Chairman of Standard Chartered…
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Int’l Civil Aviation Organization ranks Ghana high in aviation safety
Ghana obtained a provisional Effective Implementation (EI) rate of 89.89 per cent, the highest by an African country, after the International Civil Aviation Organization (ICAO) concluded its Coordinated Validation Mission (ICVM) this year. The validation is in line with the United Nations Aviation Agency’s Universal Safety Oversight Audit Programme (USOAP). The ICVM assessed Ghana’s safety…
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Ghana signs double taxation agreements with 10 countries
The Government has signed double taxation agreements with 10 countries towards giving investors a stable and conducive tax scheme. The Government hopes that the signing of such agreements will encourage investments and in turn, facilitate the transfer of skills and technology. The countries are Belgium, Denmark, France, the United Kingdom, Switzerland, Mauritius, South Africa, Italy, Netherlands…
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Ghana exits IMF programme – Bawumia
Ghana has officially exited the International Monetary Fund (IMF) programme. The Vice President, Mohamadu Bawumia said Ghana officially exited the IMF’s extended credit facility arrangement on Tuesday, April 2, 2019. “…It was only yesterday [Tuesday] that Ghana formally and successfully completed the IMF programme that we inherited in 2017,” he said at a townhall meeting…
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Ghana, Spain deepen ties with Chamber of Commerce
The Spain – Ghana Chamber of Commerce has been launched. The event took place on Wednesday 12th December 2018, during a stakeholder and media ceremony held at the residence of the Ambassador of Spain to Ghana, Her Excellency Alicia Rico in Accra. The Spain – Ghana Chamber of Commerce among other things will primarily serve as a…
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Dr. Mahamudu Bawumia opens Ghangeria Rising Conference
Vice President, Dr. Mahamudu Bawumia will be opening this year’s edition of the Ghangeria Rising Conference in Accra. The conference is scheduled for Thursday, 10th May, 2018 at the Kempinski Hotel Gold Coast City, Accra. It will assemble key investors, businessmen and women, policy makers and regulators to discuss trade, business and investment opportunities between Ghana and…
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Mixed expectations meet new date for Eco (Audio)
There are mixed expectations over Ghana’s ability to meet the new implementation date for the West African common currency, the Eco. The country is racing against time to meet the 2020 timeline. The dream for a single currency has continuously failed to materialize as the deadline for implementation has been postponed several times to 2020.…
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Ghana awaits maritime dispute ruling with ‘fingers crossed’
President Akufo Addo says his government will not make any pronouncements on the yet to be delivered judgment on the maritime border dispute between Ghana and Ivory Coast. Nana Addo maintains that a lot of work is ongoing on how best to handle the outcome of the three year dispute. The International Tribunal of the…
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IMF’s latest statement on Ghana’s program
The International Monetary Fund (IMF) concluded its fourth review of Ghana’s program with the Fund on Wednesday, August 30, 2017. The review ended with an extension of the program by one year and the approval of US$94.2 million disbursement. For a complete overview of the program so far, read the statement below from the IMF.…
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Ghana meets IMF to finalize exit
Government is set to meet the board of the International Monetary Fund (IMF) tomorrow to present its decision not to extend the programme. Finance Minister Ken Ofori-Atta in his mid-year budget review indicated that government’s economic team will meet the board in August. Already, President Akufo-Addo has stated that government will not extend the programme…