BUSINESS

Against the tide, cocoa growers plan to suspend ethical programmes

In a world that’s growing increasingly concerned about corporate commitments to environmental and social responsibility, top cocoa producers Ivory Coast and Ghana are planning to make a move that goes against the tide. The West African nations, which produce more than 60% of the world’s cocoa, are preparing to suspend …

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Ronaldo makes more money from Instagram than Juventus

Cristiano Ronaldo apparently earns more from being an Instagram influencer than he does from playing soccer for Juventus. Ronaldo has taken home $47.8 million from paid Instagram posts alone over the past year, according to a Hopper HQ study published on Buzz Bingo, which lists the 34-year-old as the platform’s highest earner. …

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National Insurance Commission Warns Against Fake Insurance Brokers

The national Insurance Commission is warning the general public against dealing with fake insurance brokers. The warning follows a swoop operation by Officials of the special Investigation Unit (SIU) of the NIC in collaboration with the Ghana police service to arrest operators of Zeta Insurance Broking Services when it discovered …

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ZETA Insurance Brokers Shut Down For Operating Illegally

The National Insurance Commission (NIC) has completely shut down ZETA Insurance Brokers for operating illegally. According to the commission, the said company has been operating for the past five years in Accra. Addressing the media on Thursday, the Commissioner of Insurance, Justice Yaw Ofori says the Police are currently investigating …

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Gov’t scheming to plunder ECG assets through PDS share restructure – NDC alleges

  The opposition National Democratic Congress (NDC) claims it has intercepted a document that allegedly exposes a clandestine plan by the government to loot the assets of the Electricity Company of Ghana (ECG). The intercepted document, a letter addressed to the Chairperson of Millennium Development Authority (MiDA), Professor Yaa Ntiamoa-Baidu, …

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“Vindictive” Akufo-Addo gov’t deliberately killed “solvent” Heritage Bank – Adongo

The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has condemned President Nana Akufo-Addo and the governing New Patriotic Party (NPP) for stripping businessman and philanthropist Seidu Agongo of his Heritage Bank on frivolous grounds. According to the Member of the Finance Committee of Parliament, the Bank of …

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Ghana, Mauritius commit to the implementation of Smart City Project

The Ghanaian delegation at the on-going 2019 IMF/World Bank Meeting on Wednesday, 16 October 2019, met with Mauritian government officials to review progress towards the establishment of Smart City Project in the country. They discussed the progress of work and came out with timelines towards the implementation of the project …

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Ghana Chamber of Mines allocates US$442,000 to tertiary educational fund

The Ghana Chambers of Mines says it has allocated an annual contribution of USD$442,000 to the newly launched Tertiary Educational Fund for five years. It said the move is aimed at keeping the country’s mining industry on an increasing course with a regular stream of highly qualified astute professionals. According …

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Facebook expands its third-party fact-checking programme to Ghana

Facebook has expanded its Third-Party Fact-Checking programme, aimed at preventing false or fake stories from going viral to 10 additional African countries including Ghana. The move forms part of efforts aimed at helping assess the accuracy and quality of news people find on Facebook, whilst reducing the spread of misinformation. …

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Amidu, AG to work together to retrieve £47m illegally paid to Waterville Holdings

The Supreme Court has directed the Special Prosecutor, Mr Martin Alamisi Amidu, and the Attorney General (AG) to collaborate to retrieve £47million illegally paid to Waterville Holdings Company. That was after Mr Amidu told the court on Wednesday that he had evidence that could help the state retrieve the money. …

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