BUSINESS

Twitter co-founder to relocate to Ghana in June – Communications Minister

s Communications Minister, Ursula Owusu-Ekuful has disclosed that co-founder of popular social media platform, Twitter is expected to relocate to Ghana in June this year. According to her, Jack Dorsey’s decision is in line with the establishment of Twitter’s presence in Africa along with its headquarters slated to be in Accra-Ghana. “Jack …

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What’s your role in AngloGold Ashanti? – Sam Jonah questioned

After his public address to Rotary Club in Accra, Sam Kwesi Esson Jonah KBE, has come under immense criticism from persons close to the government who feel that portions of his address attacked the Executive. The latest criticism is coming from Paul Adom-Otchere, host of Good Evening Ghana (GEG), who …

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560 MSMEs to compete in AfCTA, other formal markets

About 560 Micro, Small and Medium-scale Enterprises (MSMEs) in the local sector are being supported to formalise their businesses to enable them to compete in formal markets, including the Africa Continental Free Trade Area (AfCFTA). Under an intervention called Progressive Licensing Scheme, the beneficiaries are being aided to have one …

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Banking sector assets grow to GHC 152bn

Total banking sector assets as at end-February, 2021 increased by 18.5 per cent year-on-year to GH¢152.0 billion, marginally higher than the annual growth of 17.8 per cent as at end-February 2020. The higher growth in total assets reflected similar stronger growth in domestic and foreign assets of 19.1 per cent …

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Takoradi Market Circle shuts down from Monday; police, military to ‘check’ traders

Sekondi-Takoradi mayor Abdul Issah Mumin has announced that the Takoradi Market Circle will be closed down to all forms of trading activities from Monday, May 3. The Sekondi-Takoradi Metropolitan Chief Executive explains that the directive is to enable the assembly to hand over the market to the contractor for redevelopment …

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Striking Kumasi Airport security officials back to work

Workers of G7 Security System, who are providing security at the Kumasi Airport, have resumed work after they earlier laid down their tools to protest the non-payment of their 3-month salary arrears. The decision to return to duty was arrived at after an emergency meeting with the management of the …

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Increase in prices of eggs: Poultry farmer blames high cost of feed

  The Greater Accra Poultry Farmers Association (GHAPFA) has attributed the recent increase in egg prices to the high-cost feed used by the poultry farmers. The president for the association, Mr. Michael Nyarko-Ampem stated that the raw materials used in preparing the feed has surged by over 100 percent. “There …

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Let’s process cocoa into finished products for AfCFTA — MD, PBC

Players in the cocoa production and processing value-chain in the country have called for immediate and rigorous measures to be placed to ensure improvement of the commodity into more semi-finished and finished products. This, they said would enable not only large scale companies but more importantly, small-scale and artisanal companies …

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Suspend cocoa credit – Cocoa Clerks Association to members

  The National Association of Ghana Cocoa Marketing Clerks has charged purchasing clerks to suspend the purchase of cocoa on credit from farmers until companies owing them are able to settle their indebtedness to them. That, it said, is to prevent the situation whereby clerks would purchase the produce on …

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Bawumia teases Arsenal fans after painful Tottenham defeat

Vice President Dr Bawumia showed his other side on Sunday evening after posting a rare sporting message on his official Twitter handle. Moments after his beloved Tottenham Hotspurs lost the English League Cup final to Manchester City by a lone goal, Vice President Bawumia expressed his disappointment, and then aimed …

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