Investments Archives - Wontumi Online

10 Nov

Ghana Is The Right Place To Be For Investment – Dr. Bawumia To Czezh Business Delegation

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The Vice President and Flagbearerof the NPP, Dr. Mahamudu Bawumia has told the business community of Czech Republic Ghana is a conducive place for trade and investment. The Prime Minister of Czech Republic Peter Fiala, is in the country with a Czech business delegation for a two-day visit. In a discussion with Prime Minister Fiala on strengthening bilateral cooperation between Ghana and Czech Republic in many areas, Dr. Bawumia assured the Prime Minister and the Czech Republic of Ghana being 'the place to be for investment." "Ghana is the most peaceful country in West Africa and the second most peaceful…

Value Of Half-Year Investments Slow To US$274.74m

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The economy recorded 72 new projects worth US$274.74million between January and June this year, the Ghana Investment Promotion Centre’s semi-annual investment report has revealed. This, however, is lower – in terms of value and number of projects – than the first half of 2022 when a total of 117 projects worth an estimated US$279.51million were recorded. A breakdown of the 2023 half-year amount shows that foreign direct investments (FDIs) amounted to US$229.82million, while the local component contributed US$44.92million. In the same period of 2022, the FDI and local components from investments stood at US$238.62million and US$40.88million respectively. The report indicated…

Investments, Loans Among Top 5 Products Of Banks With Complaints In 2022 – BoG

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The top five products or services that received most complaints in 2022 were investments, loans, current accounts, digital and electronic-money. For investments, the complaint data suggested that investment products and services witnessed delays with discounting, statement issuance, crediting matured investment or interest and roll overs on maturity. About loans, concerns that were raised on loan products/services were generally around changes in loan tenure and interest rate without borrowers’ consent, delays in processing loans, releasing collateral, issuing loan statements, recovery approaches and termination of loans. According to the Bank of Ghana Report on Complaint Management, investment products and services, comprising both…