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BoG introduces new directives on AML and combating terrorism financing

The Bank of Ghana has issued new guidelines for anti-money laundering/combating the financing of terrorism and the proliferation of weapons of mass destruction (AML/CFT&P). According to the central bank, the new guidelines would help it design Licensed Institutions and implement their respective AML/CFT&P compliance regime. The bank said the new directive was …

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NPA awaits directives from Finance Ministry on fuel prices

The National Petroleum Authority (NPA) says it has made a request through the Energy Ministry to the Finance Ministry to “review or reduce or remove” some taxes and levies on petroleum products in the country. The NPA says it is waiting for the Finance Ministry to do its analysis on …

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Transport Ministry to sanction McDan Aviation for defying GACL’s directives

After successfully launching the first-ever private jet terminal at Kotoka International Airport (KIA), McDan Aviation is to be sanctioned by the Transport Ministry for defying the orders of the Ghana Airport Company Limited (GACL). Yussif Jajah, a member of the Roads and Transport Committee in Parliament revealed that, the sector Minister, Kwaku Ofori …

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