BUSINESS

Ghana Water Company resumes supply to Sekondi-Takoradi after 10 days

The Western Region Office of the Ghana Water Company Limited (GWCL) has resumed water supply to the Sekondi-Takoradi Metropolis from its Daboase Headworks in the Wassa East District after ten days of cut in supply. The cut in water supply was as a result of a cable blast, which affected …

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Afrobarometer report on economic performance is good feedback – Government

The government says it is encouraged by the new Afrobarometer report which says more Ghanaians believe that the country is “moving in the wrong direction” than two years ago. Speaking on Eyewitness News, a Deputy Information Minister, Pius Hadzide said the report points “to the fact that the people do …

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ECOWAS is dead – GUTA fumes

The Ghana Union Traders Association (GUTA) has expressed disappointment in the failure of the Economic Community of West African States (ECOWAS) to enforce trade protocols “ECOWAS is dead, we don’t have ECOWAS,” GUTA National Organizer Clement Boateng declared as a retail trade feud between Ghanaian traders and other West African …

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Transporter urges gov’t to fix deplorable cocoa roads

Some stakeholders in the cocoa value chain have asked government to pay critical attention to the deplorable roads in many cocoa roads as they impact negatively on the full benefits the country derives from the cash crop. They are thus asking government to urgently fix such roads to prevent the …

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Auditor-General discovers $ 3.4b unpaid penalties relating to Petroleum Holding Fund

The Auditor-General, Mr. Daniel Yaw Domelevo, has discovered $ 3.4b in unpaid penalties relating to the Petroleum Holding Fund. The latest report on the management of petroleum funds for the year ending December 2017, found that a total amount of US$220m was outstanding. Of the total amount, US$219 million represents …

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Bauxite mining: We won’t repeat Obuasi situation at Nyinahin – Bawumia

Ghana has learnt a lot of lessons in mining which will help the country to forestall the “Obuasi situation” in Nyinahin where bauxite would be mined, Vice-President Dr Mahamudu Bawumia has said. “After almost 100 years of mining gold, we have learnt some hard lessons”, Dr Bawumia said at a …

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Ghana’s total debt stock hits GHC208.6bn

Ghana’s total debt stock has hit GHS208.6 billion, according to new data from the Bank of Ghana. The stock rose by GHS3.1 billion between July and September. Per the central bank’s Summary of Economic and Financial Data, the current debt stock represents 60.3 per cent of Ghana’s GDP. A total …

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Local rice farmers need funding support to boost production – JAK Foundation

Citi FM and Citi TV’s campaign to get Ghanaians to consume more local rice to stimulate economic growth continues to get the backing of relevant personalities and agencies both in the public and private sectors. The latest to join in the campaign is the John Agyekum Kufuor Foundation, which is …

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Poultry farmers call on gov’t to subsidise cost of feed

Vice President of the Greater Accra Poultry Farmers Association, Michael Ampem has appealed to government to subsidise the cost of feed to enable them increase production of birds for the market. Experts in the poultry industry claim there is a shortfall in the number of birds required to meet local …

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Confusion over which ministry issues visas

The issue of which Ministry has the responsibility to issue visas in the country came up for discussion during yesterday’s sitting of Parliament, with some members expressing divergent views. The discussion revealed what was described as confusion amongst the members on the issuance of visas. Speaking on the matter, the …

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