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Tag Archives: COMPANY

Ghana Airport Company pays GH¢10m of GH¢28m debt owed ECG to avoid being disconnected

The Ghana Airport Company Limited (GACL) has reportedly paid GH¢10 million out of the GH¢28 million debts it owes the Electricity Company of Ghana (ECG) to avoid be disconnected from the national power supply. According to a report by JoyNews, the GH¢10 million was paid on Monday, March 20, 2023, …

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Illegal miners attack mining company, burn 12 vehicles

Some illegal small-small miners, otherwise known as galamseyers on Thursday, March 16, 2023, attacked Golden Star Wassa Mine at Benso in the Western Region. According to the Head of Group Corporate Affairs of the company, Gerard Hillary Osei Boakye, the attackers destroyed some company properties including 12 vehicles. He listed …

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Genevieve Sackey named as new MD of Ghana Cylinder Manufacturing Company

President Nana Addo Dankwa Akufo-Addo has nominated a new Managing Director for the Ghana Cylinder Manufacturing Company Limited. In a letter sighted by GhanaWeb, President Akufo-Addo submitted that madam Genevieve Sackey be made the new MD of the GCML. “The president has nominated Madam Genevieve Sackey for appointment as the Managing …

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CEO of Ghana Cylinder Company resigns

The Chief Executive Officer of Ghana Cylinder Manufacturing Company Limited (GCMCL), Frances Awurabena Asiam, has resigned from her position. In her resignation letter which was sighted by GhanaWeb, Awurabena Asiam expressed her gratitude for the opportunity to serve in her position since 2017. “Frances Awurabena Asiam, in all humility and respect, …

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Five remanded for siphoning GH₵2.6million from company

Five employees of Kwadwo Ofori aka K Ofori Enterprise Limited have appeared before an Accra Circuit Court for allegedly stealing building materials worth GHS2,615,011. The accused persons are Santa Nangba, a 27-year-old Sales Manager, Peter Bawla, a 28-year-old Supervisor, William Dagadu, 27, Michael Jeffery a 28-year-old IT Technician and Felix …

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Government releases feeding funds to Buffer Stock Company, SHSs

The government has said it has released funds to the National Food Buffer Stock Company and the Senior High and TVET Schools across the country for feeding. In a statement, the government said GH¢126,000,000 had been released to the National Food Buffer Stock Company for non-perishable food items. GH¢72,106,603 was …

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Australian company heads to London Court, set to sue Ghana for $395m over gold mining saga

An Australian company, Cassius Mining Limited, is set to sue Ghana for $395m at the the London Court of International Arbitration over what it says was the country’s role in helping another mining company steal $142m worth of gold from its concession. According to The Sydney Morning Herald report, both …

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Ofori-Atta’s company getting richer whiles Ghana gets poorer – KKD fumes

Veteran broadcaster, Kwasi Kyei Darkwah, known as KKD has cited the minister for Finance Ken Ofori-Atta over what he says is conflict of interest. According to him, the minister is benefiting at the expense of the country. “I read a report yesterday that broke my heart, I saw how much Ghana owes …

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Ghana Water Company to read meters with drones

Management of the Ghana Water Company Ltd has introduced an electronic billing system to tackle challenges such as delays in billing, non-billing, non-reflection of bill payments, and difficulty in monitoring meter readers among others. The Managing Director of Ghana Water Company, Ing. Dr. Clifford Abdallah Braimah, indicated that as part …

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