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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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EU Ambassador to inspect EU assisted programs in Eastern Region

bycitibusinessnews
August 4, 2016
in Local Economy, News, Top Stories
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EU Ambassador to Ghana William Hanna will today [Thursday] visit banana plantations in the Eastern region to inspect EU support to improve the competitiveness of the agricultural export industry.

He will meet with producers and inaugurate the new Composting Facility at the Volta River Estate Ltd (VREL).

The composting facility supports VREL in growing organic and fair trade bananas, which fetch higher prices on the European market.

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The European Union supports the Ghanaian banana exporting companies Golden Estate Ltd (GEL) and Volta River Estate Ltd (VREL) with a grant of €7.2 million which will be used for organic composting at VREL and the construction of 224 houses for banana workers at GEL.

The composting facility will use plant material from the Volta River to produce organic fertilizer for the banana plantation of VREL.

Prior to his visit Ambassador Hanna said: “There is huge demand for Ghana’s agricultural exports in the European market. Our consumers are happy to pay more for high value exports that can be certified as organic and/ or fair trade. We have been supporting the banana industry of Ghana for many years. Indeed I first visited this estate in 1999. Our Banana Assistance Measures have provided aid to improve the position of Ghana banana growers on the European market. Today we see the results of this long term investment. For this investment to make sense agricultural exports from Ghana need continued tariff and duty free access to the EU market’.

He added that  ‘the trade preferences we give to Ghana are essential to protect exports and jobs. That is why I welcome the recent signature of the stepping stone Economic Partnership Agreement between Ghana and the EU, and its approval on 3 August by the Parliament. This bilateral agreement is a stepping stone, paving the way towards the wider regional EPA. We will continue to work together, using both trade and investment to encourage sustainable development in Ghana, not only in the banana industry, but in other sectors where Ghana has a real competitive edge. We will now be stepping up our assistance to help Ghana take advantage of the new opportunities which will arise’.

–

Sour e:  Delegation of the European Union to Ghana

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