ECG Concession: BXC sues MiDA over ‘unfair’ disqualification
One of the concessionaires that bid to manage the Electricity Company of Ghana (ECG) under the Power Compact II agreement, BXC Consortium has sued the Millennium Development Authority (MiDA) over what it describes as...
World Bank procurement framework laudable – Adwoa Safo
The Minister of State in charge of Public Procurement, Sarah Adwoa Safo, is optimistic the new World Bank procurement framework offers huge opportunities to international businesses and brings innovative development results.
The Dome Kwabenya MP...
Capital Requirement: BoG to issue guidelines on mergers, acquisitions
The Bank of Ghana (BoG) has said it will soon issue a set of guidelines to facilitate the merging and acquisitions of banks in the country which cannot meet the new minimum capital requirement.
The...
Give us part of Tourism Dev’t Levy – Hotels Association
The Ghana Hotels Association is pushing for a portion of the Tourism Development Levy to run its operations.
The Association contributes almost 70 percent of the levy which had accrued to about GhC40 million as...
Ghana to ratify Continental Free Trade Agreement Thursday
Ghana is likely to become one of the few countries to ratify the continental Free Trade Area Agreement a month after it was signed by African leaders.
Starr Business understands this is one of the...
Akufo-Addo commissions refurbished Sekondi Fishing Harbour
The President, Nana Addo Dankwa Akufo-Addo, on Monday, 23rd April, 2018, commissioned the refurbished Sekondi Fishing Harbour, at a ceremony in Sekondi, in the Western Region.
According to President Akufo-Addo, “the completion of this harbour...
Newmont deaths: Report to be out by end of week – Amewu
The Land and Natural Resources Minister, John Peter Amewu has said the Ministry expects the investigatory report into the circumstances leading to the collapse of the reclaim tunnel roof at Newmont Ghana’s Ahafo Mill...
No decision yet on hiking insurance capital requirement – NIC
The National Insurance Commission (NIC) has stated that it has not yet decided on when to increase the minimum capital requirement in the sector.
There were reports last year that the Commission was planning on...
Reduction of Non-Performing loans will be compulsory – BoG
The Central Bank has said apart from effort to ensure a smooth transition into the new capital requirement of GH¢400 million, commercial banks will be charged to significantly reduce Non-Performing loans.
It is believed the...
Gov’t to employ 100k graduates from May 1 – Bawumia
Vice president Dr. Mahamudu Bawumia has announced that the 100,000 jobs to be created under the Nation Builders Corps (NABCO) initiative will be launched May 1, 2018.
NABCO is aimed at tackling graduate unemployment in...