Search: “allowances”
24 results found- page 2 of 2
McDan Aviation sues GACL over termination of Terminal 1 FBO licence
Summary
Why is McDan Aviation claiming GACL didn't follow procedure when terminating their operating license?
McDan Aviation is suing Ghana Airports Company Limited (GACL) over the termination of its Terminal 1 Fixed Base Operations (FBO) licence. McDan claims GACL's termination didn't follow the 10-year agreement signed in 2022, after McDan invested $3 million.
Business & Economy
3 min read
GACL terminates Fixed Base Operation agreement with McDan Aviation over persistent debt
Summary
Why did Ghana Airport Company lock up Terminal 1, and what does it mean for McDan Aviation's future operations?
GACL has terminated its agreement with McDan Aviation due to unpaid fees since 2022. Despite multiple notices and a payment plan, McDan's debt remained, leading to the termination in January 2026. GACL is pursuing the remaining debt from the McDan Group.
Business & Economy
3 min read
Standard Chartered Bank Ghana named Best in Cash Management at Innovation & Excellence Awards
Summary
Standard Chartered Bank Ghana was recognized for excellence, but what does this mean for businesses operating in Ghana?
Standard Chartered Bank Ghana won the Excellence in Cash Management Award at the Connected Banking Summit. The award recognizes the bank's cash management solutions for corporate clients in Ghana and international markets. The solutions help businesses manage liquidity and streamline payments.
Business & Economy
3 min read