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Tag: AGM

GCB Bank secures shareholders approval for GH¢1bn to strengthen bank

Business, News July 3, 2023 Kennedy Mornah 0 Comments

The GCB Bank PLC has sought the approval of its shareholders for GH₵1 billion to meet the regulatory capital adequacy ratio requirements and strengthen access to funding markets in order to bolster confidence in the Bank. This target has been necessitated in the bid to address the impact of the Domestic Debt Exchange Program (DDEP). […]

Ghana gets over 55% fiscal take in AGM/Aker deal

Business, News May 7, 2019 Kennedy Mornah 0 Comments

The Petroleum Agreement ratified by Parliament for the South Deepwater Tano (SDWT) block gives a fiscal take to Ghana, which is substantially above the international deepwater average of approximately 55%. A statement issued by AGM Petroleum Ghana Limited (AGM) said Ghana would be the main beneficiary of the profits from any oil produced in the […]

QUAD energy to partner AGM Petroleum in its offshore operations in Ghana

Business, News May 5, 2019 Kennedy Mornah 0 Comments

Indigenous Ghanaian company QUAD Energy will partner AGM Petroleum in its oil and Gas exploration and production activities in Ghana. A statement issued by QUAD Energy and signed its Director, David Adomakoh and in the possession of BestNewsGH.com said the company was incorporated in April 2019 and has the relevant and requisite expertise and experience […]

Even More News

Finance Minister Dr Ato Forson set to review VAT rate, roll out major tax reforms in 2026 Budget

November 13, 2025

Finance Minister Dr Ato Forson is set to announce a reduction in the effective VAT rate to be paid by businesses from next year. This will be captured in the 2026 Budget, which will be presented to Parliament later today. The Finance Minister is also expected to announce a major review of the country’s tax […]

What to expect as Dr Ato Forson presents 2026 Budget to Parliament today

Bank of Ghana registers over 100 crypto firms, setting up new office for digital asset regulation

Rice glut deepens as farmers struggle to sell last year’s harvest

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  • UEW releases GTEC boss Jinapor Abdulai’s full academic credentials and promotion to professor rank in line with RTI request
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  • Trump signs funding bill, ends longest government shutdown in U.S. history
  • Finance Minister Dr Ato Forson set to review VAT rate, roll out major tax reforms in 2026 Budget

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