World Bank Calls on Government Officials to Improve on Transparency in the Extractive Sector
The World Bank’s Senior Financial Sector Specialist, Cari Votava has urged government officials and industry professionals to improve transparency in the country’s extractive and natural resource sectors to identify and document the beneficial ownership of those operating in the sector. This, she said, will contribute immensely to the economy of the country. Speaking at her […]
Ghana's Gold becomes highest export earner, followed by Oil
Ghana’s total exports reached 12.54 billion dollars as at October this year. Gold generated the highest revenue of 4.7 billion dollars, followed by oil which ranked 3.83 billion dollars in revenue with cocoa placing third with its export revenue reaching 1.67 billion dollars. Meanwhile, total debt stock has reached 170.8 billion cedis as at September 2018. A […]
GRA Bans Storage of Selected Imports in Warehouses
The Ghana Revenue Authority (GRA) has banned the storage of selected imports in Warehouses as it begins the implementation of a new warehousing regime. The items include canned tomatoes, alcohol, lead acid batteries, cooking oil, canned drinks, canned fish, cement, Lime, paints and chalk. This means importers of the banned products can no longer keep […]
Nigeria aims to sell ten state-owned companies for 2019 budget
Nigeria’s Privatization Agency has indicated, that the country will offer ten state-owned companies for sale to selected investors and the public in the fourth quarter of this year to raise two hundred and eighty-nine billion naira ($797m) toward funding the 2019 budget. Preparations are in the final stages to begin the sale of the companies […]
