BUSINESS

Customs warn public against online auctions

The Principal Revenue Officer in Charge of Customs Auctions, Mr. Prince Akwaboah has hinted that the Customs Division of the Ghana Revenue Authority is considering online means of auctioning general goods and vehicles in order to broaden its reach. The head of auctions of Customs revealed that, the procurement plans …

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Champions League Draw: Utd to face PSG as Barca faces Juve

Manchester United have some tough games to look forward to in the 2020/21 Champions League, following the UEFA draw ceremony in Geneva. The Reds regained a spot in the competition after finishing third in last season’s Premier League and will begin the road to the Istanbul final later this month. …

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VIDEO: Pastors spotted praying on Accra-Kumasi highway to avert accidents

Some men and women of God were on Wednesday afternoon spotted at Kyekyewere on the Accra-Kumasi Highway praying fervently to God to avert accidents on that road. These men and women of God, said to be members of the Healing Mountain of God Ministry Church commuted along the Accra-Kumasi Highway …

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COCOBOD signs $1.3bn loan to purchase cocoa beans next season

The Ghana Cocoa Board (COCOBOD) has signed a syndicated loan agreement of $1.3billion for the purchase of cocoa beans in the 2020/2021 crop season. The Chief Executive Officer (CEO) of COCOBOD, Mr Joseph Aidoo, explained that Ghana would receive the money when the agreement is signed, adding that cocoa farmers …

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1D1F: President Akufo-Addo commissions Kasapreko water, juice and soft drinks factory

President Nana Addo Dankwa Akufo-Addo, on Monday, 28th September 2020, commissioned the Kasapreko Water, Juice and Soft Drinks Factory, a company operating under Government’s 1-District-1-Factory initiative. At a ceremony at the premises of the company at Kwadaso, in the Ashanti Region, President Akufo-Addo noted that the establishment of the factory is …

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BoG keeps policy rate at 14.5%

The policy rate will remain at 14.5 per cent, Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed. Also, estimated growth in 2020 will be between 2 and 25 per cent. This follows a decision taken to that effect by the Monetary Policy Committee. Dr Addison made …

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Secessionists group planned to kidnap ministers, ‘blow-up’ dams – Oppong-Nkrumah

Secessionist group calling itself Western Togoland Restoration Front (WTRF) didn’t only intend to block roads or burn tyres. They also had plans of kidnapping and blowing up of dams. Government has been accused of failing to gather intelligence on the recent secessionist resurgence. However, Information Minister said it was due …

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Accounts of customers of defunct financial institutions credited – CBG

The accounts of all customers of defunct microfinance, savings and loans and finance houses have been fully credited with the cash value of their estimated bonds, Mr Daniel Wilson Addo, the Managing Director of Consolidated Bank Ghana (CBG) hs said. In a statement copied to the Ghana News Agency, Mr …

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Conor McGregor To Fight Manny Pacquiao In 2021

Conor McGregor will step back into the boxing ring against Manny Pacquiao after it was confirmed a deal is close to being finalised for the two to stage a fight in the Middle East next year. The UFC superstar posted a series of tweets on Friday night explaining his inactivity …

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Government secures amended power purchase agreement with CENIT Energy

Government and CENIT Energy Limited (CEL), a Ghanaian independent power producer, have successfully secured terms for an amended Power Purchase Agreement (PPA). Per the agreement, CEL has decided to convert its power plant into a tolling structure and transfer all resulting cost savings to ECG. A statement issued by the …

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