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Investment
Ghana gov’t urged to review investment agreements with mining firms
Stakeholders have urged the government to urgently review the investment agreement it has signed with mining companies in the country in order to favour the indigenous people in the mining communities.
They made the appeal at a day’s forum…
Accra Bourse Index rises on PBC, StanChart gains
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 22.7 points to 1,555.23 points from 1,532.53 points on Tuesday with a year-to-date return of 29.63 per cent.
The GSE-Financial Stocks…
GIPC legislation to be reviewed
The legislation for the Ghana Investment Promotion Council would soon be reviewed to ensure that local investors interested in doing business in the country would not feel sidelined.
Mr Haruna Iddrisu, Minister of Trade and Industry,…
Indian firm plans to develop $65m rubber plantations in Ghana
Indian firm Harrisons Malayalam is reportedly considering plans to develop rubber plantations on 4,000-5,000 hectares of land in Ghana on long-term lease basis.
The R.P.-Sanjiv Goenka group-owned tea and plantations company says it would…
Ecobank sells majority shares in Oceanic Bank’s insurance arm
Pan-African bank, Ecobank announced February 6, 2013 that Old Mutual, an international investment Group, has completed the acquisition of a majority stake in Oceanic Life, a subsidiary of former Nigerian Oceanic Bank which was acquired by…
Ghana’s investment value falls 26.6% to $5.63b in 2012 – GIPC
A total of $5.63 billion (GH¢10.14 billion) worth of investments were recorded in Ghana during year 2012, the Ghana Investment Promotion Centre announced February 6, 2013.
In its latest report, the GIPC said it registered a total of 399…
Investment promotion should be shared responsibility – Hannah Tetteh
Madam Hannah Tetteh, Minister of Foreign Affairs and Regional Integration, has noted that investment promotion should be a shared responsibility in order to improve the economic development of the country.
She said it is important to…
Global FDI falls 18% to $1.3 trillion in 2012 as recovery woes deepen
Global foreign direct investment (FDI) inflows dipped by 18% in 2012, the United Nations has said.
The year 2012 recorded $1.3 trillion FDIs as against $1.6 trillion registered in 2011, according to an investment report published January…
Ghana receives over $5.7b foreign direct investments in 2012
Foreign direct investments into Ghana in the year 2012 is estimated to be over $5.7 billion, a source at the Ghana Investment Promotion Centre (GIPC) has told ghanabusinessnews.com.
The Centre registered over 400 projects in the year.
The…
Ghana’s development partners asked to undertake more direct investments
Vice President Paa Kwesi Bekoe Amissah-Arthur on Tuesday asked development partners operating in Ghana, to undertake more direct investments as the nation moves to attain middle income status.
He stressed that the country needed more…