Government has signed the Concession Agreement for the construction of the Accra SkyTrain Project. The deal was signed on the sidelines of the ongoing African Investment Forum, on Monday. The signing of the SkyTrain agreement means feasibility studies to determine the bankability of the project will commence soon. At the signing ceremony, President Akufo-Addo described […] The post Ghana
President Nana Akufo-Addo has said his government is working to ensure it does not overspend in 2020, which is an election year. Ghana has been known to exceed its budget deficit targets by significant amounts. For the last election year in 2016, Ghana’s budget deficit target was 5.3 percent but the deficit widened to 7.8 […] The post Nana Addo stresses
An economist and research fellow with the Institute for Fiscal Studies (IFS), Dr. Adu Owusu Sarkodie is admonishing government to focus more on domestic revenue mobilisation as it prepares to present the 2019 Budget Statement and Fiscal Policy to Ghanaians on 13th November 2019. According to him, revenue generation is one of the most important […] The post No
The Securities and Exchange Commission (SEC) has distanced the recent revocation of the licenses of the 53 fund management companies from the banking sector shake-up stating that the latter is not responsible for the current happenings in the securities sector. According to SEC, although some collapsed fund managers had their funds locked up in savings […] The post Banking
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