Search: “legal framework”
8 results found
McDan Aviation says it has fully settled rent cited in dispute with GACL
Summary
Despite settling rent, McDan Aviation faces GACL's repossession of Terminal 1 - what's next for the aviation company?
McDan Aviation claims it has settled rent arrears cited by Ghana Airports Company Limited (GACL) amid a dispute over Terminal 1. McDan insists GACL's repossession was premature, lacking a 90-day eviction notice. The company is pursuing legal options to protect its investment.
Business & Economy
3 min read
Iran-US-Israel War: What it means for Ghana real estate investors
Summary
With global markets rattled by the Iran-US conflict, how safe are your Ghana real estate investments?
The US and Israel launched strikes on Iran, impacting global markets and oil prices - now over $100/barrel. This could affect Ghanaians planning real estate investments in Accra. The conflict's impact on Ghana's economy is under scrutiny.
Business & Economy
4 min read
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