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Bank of Ghana has closed down 23 Savings and Loans companies, Starrfm.com.gh can reveal. Documents available to Starrfm.com.gh contain some heavy weights in the savings and loans sector such as Midland, Ideal, uniCredit and Global Access whose licenses have been revoked after a review exercise in the past months. According …
Read More »PDS Saga: US Embassy rejects Minority call for probe
ABC News Ghana can authoritatively report that the US Embassy in Ghana has dismissed a request by the Minority in parliament for a separate probe into issues of alleged fraud in the PDS-ECG concession arrangement. The Minority in a letter signed by its leader, Haruna Iddrisu, and submitted to the …
Read More »Conservative Alejandro Giammattei wins Guatemalan presidency
Conservative candidate and ex-prison chief Alejandro Giammattei has been elected president of Guatemala. Preliminary results show he took 59% of the vote, while his centre-left opponent Sandra Torres won 41%. Ex-first lady Ms Torres, who won the first round in June, was running for the third time, while Mr Giammattei was making …
Read More »Contractors going bankrupt; pay them – Nduom
The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has said the delay by the government in paying local contractors, some of whom, he said, are customers or investors, has led to the lock-up of GHS2.2 billion from the Groupe’s Gold Coast Fund Management, alone.“When we keep fighting for Ghanaian …
Read More »Unpaid contractors run to Otumfuo for intervention
Contractors who are owed by the government in various sectors have taken their demand for payment a notch further by petitioning the Asantehene, Otumfuo Osei Tutu II to intervene, MyNewsGh.com reports. Consequently, a meeting has been scheduled on Wednesday, August 14 at the Manhyia Palace where the contractors would meet …
Read More »Let’s engage in issue-based politics – Reverend Asante
Professor Emmanuel Asante, the Chairman of National Peace Council, has urged Ghanaians to desist from engaging in politics that have the potential of causing harm to others and derailing the peace of the country. Rather, he called for political discourse with a focus on issue-based discussions and exchange of ideas …
Read More »Zoomlion collaborates with GHS to train staff in Upper East on mosquito control
Zoomlion Ghana Limited in collaboration with the Ministry of Health has conducted a day’s intensive training programme on effective larval source management for its operatives executing the malaria control exercise in the various Municipal and District Assemblies (MDAs) in the Upper East Region. The training program which was organized by …
Read More »Mouse causes ‘dumsor’ in Kumasi
A big mouse, which certainly is stubborn, recently caused power cuts in some areas in Kumasi, the capital of Ashanti Region, it has been revealed. Power supply to affected areas suddenly got cut and attempts by the Electricity Company of Ghana (ECG) to detect the fault and repair it always …
Read More »Cocoa farmers’ price to be increased to GHC8,000 per tonne
Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses, industry sources have told Reuters. The farmgate price will rise to GH¢8,000 (US$1,523.81) per tonne for the season starting in …
Read More »COCOBOD to sign $1.5b loan syndication agreement next month
COCOBOD is set to sign its annual cocoa loan syndication deal with some 20 French banks in September 2019. This was after it secured Parliament’s approval to borrow up to $1.5 billion to aid cocoa purchases for the 2019/2020 crop season. Details of the deal Joy Business understands that COCOBOD …
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