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How MTN moved large sums of money out of Ghana, other African countries into tax havens
It has emerged that the telecommunications giant MTN has transferred large sums of money out of Uganda, Cote d’ivoire, South Africa and Ghana into tax havens.
Although these transfers are badged as payments for management and technical…
Establish independent commission to probe judicial scandal – Anti-corruption group
The Citizens Movement Against Corruption (CMaC) has suggested the establishment of an independent commission of renowned retired judges such as those of the Commonwealth, to probe the judiciary scandal and submit their recommendations for…
Ghana not making sufficient progress in curbing torture and inhuman treatment – UN
The United Nations’ Special Rapporteur on torture Juan Méndez has observed that Ghana has not made sufficient progress in curbing torture and inhuman treatment of detainees, and has urged the government to increase its efforts in that…
Ghana needs additional 188,700 teachers to meet SDG4 – UNESCO
As the world celebrated Teachers Day yesterday October 5, 2015, a new UNESCO Institute of Statistics (UIS) paper emailed to ghanabusinessnews.com says for Ghana to meet the Sustainable Development Goal (SDG 4) to provide every child with 12…
Ghana ranks 7th in Africa on Ibrahim Index but reflects deterioration in governance
Ghana ranks 7th in Africa in the latest Ibrahim Index of African Governance (IIAG), but the Index notes that governance in the country has been deteriorating since 2011.
Ghana has a score of 67.3 over 100 in the Index launched Monday…
Sub-Sahara Africa gets over $7.4 billion of financing from World Bank
The World Bank Group’s total commitments to sub-Sahara Africa for fiscal year 2015 (July 2014 to June 2015) amounted to about $15 billion.
Commitments by the International Bank for Reconstruction and Development (IBRD) and the…
Removal of EU fish export ban on Ghana should lead to enforcing laws
In the last week, the European Union (EU) removed a three-year ban it imposed on fish exports from Ghana. Ghana was sanctioned when the country failed to reform its fisheries sector after it was warned and urged to deal with the issues of…
AfDB Board approves $120m loan for Ghana’s transport sector
The Board of Directors of the African Development Bank (AfDB) has approved a $120 million corporate loan – the first private-sector investment in Ghana’s transport sector to support Ghana Airports Company Limited’s (GACL) capital investment…
Ghana struggles to cut rice imports
Ghana is struggling to cut down on the country’s rice imports, by making efforts to focus on production and consumption of local produce.
A US Embassy cable released by WikiLeaks August 26, 2011 says Ghana is the largest commercial…
Mahama reiterates commitment to improving economy, says prospects remain bright
President John Mahama says his government remains committed to strict fiscal discipline and diversification of the economy, for macroeconomic stability and accelerated growth.
Addressing the United Nations General Assembly on…