25% of Ghana’s debt mainly from SOEs – Ofori-Atta

June 20, 2023 Finance Minister, Ken Ofori-Atta, has indicated that about 25% of Ghana’s assessed debt burden emanates from non-central government operations, mainly from State Owned Enterprises (SOEs)...

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June 20, 2023 / Comments (0)

Government retreat discusses way forward for economy

July 13, 2022 The government has held a four-day retreat at the Presidential Lodge in Peduase to discuss the economy, take stock of programmes and chart a path for growth. The retreat, the second this...

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July 13, 2022 / Comments (0)

Fitch ratings… Economy fastest growing – Prez Akufo-Addo

July 27, 2021 Fitch Rating agency has projected Ghana to be the fastest growing economy in Sub Saharan Africa as it emerges strongly from the COVID-19 pandemic, President Nana Addo Dankwa Akufo-Addo has...

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July 27, 2021 / Comments (0)

Government bails out 7 State-owned Enterprises from COVID-19 effects

August 4, 2020 The government has approved concessionary loan packages for seven state-owned enterprises (SoEs) to mitigate the impact of COVID-19 and avoid worker lay-offs. The package follows a drop in...

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August 4, 2020 / Comments (0)

Time to invite private participation in SOEs – Prof. Quartey

August 29, 2019 Professor of economics at the University of Ghana, Prof. Peter Quartey, has urged government to consider, as a matter of urgency, initiating the process of privatising some State Owned...

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August 29, 2019 / Comments (0)

SIGA law gets tough on board members

August 23, 2019 Board members and corporate executives who flout rules and regulations contained in the new State Interests and Governance Authority (SIGA) guidelines will be imprisoned to a term of...

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August 23, 2019 / Comments (0)

President launches State Interest and Governance Authority

August 20, 2019 President Nana Addo Dankwa Akufo-Addo has launched the State Interest and Governance Authority (SIGA) to replace the Divestiture Implementation Committee and the State Enterprises...

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August 20, 2019 / Comments (0)

SOEs to calculate dividend on gross profit

March 19, 2019 STATE-Owned Enterprises (SOEs) will soon be expected to pay 15 per cent of their gross profit to the government as dividend, the Executive Chairman of the State Enterprises Commission...

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March 19, 2019 / Comments (0)

Ghana Stock Exchange (GSE) calls for formalised forex trading platform

January 28, 2019 The Ghana Stock Exchange (GSE) has called for a formalised forex trading platform that will see the local currency bought and sold in a much more transparent manner. “Ghana should have a...

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January 28, 2019 / Comments (0)

SOEs to take up stakes in oil blocks

November 6, 2018 Government is considering pushing some State-Owned Enterprises (SOEs) to take up stakes in oil blocks, as private indigenous companies seem to lack the requisite capital and risk-appetite...

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November 6, 2018 / Comments (0)