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    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

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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

    Take control of financing on the continent – Ofori-Atta to AfDB

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

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

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

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    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

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

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

    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%

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    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

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

  • TECHNOLOGY

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

    Take control of financing on the continent – Ofori-Atta to AfDB

    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

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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Don’t blame Mahama for recent dumsor- Jinapor

bycitibusinessnews
February 28, 2017
in Government, Local Economy, Top Stories
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A former Deputy Power Minister, John Jinapor has hit back at critics blaming former President John Mahama for the recent power crisis experienced.

According to him, the then erstwhile Mahama government  put in place all the necessary measures to ensure dumsor does not recur.

“We worked tirelessly the whole of last year we had reliable power and also had sustainable power. The FPSO went off for two months and yet we never had dumsor. It, therefore  beats my imagination that the FPSO goes off for just one week and almost the whole nation in plunged into darkness.” he said on the floor of parliament.

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Mr. Jinapor stated that the Mahama administration invested in electricity, expanding it to over 80 percent.

“Access to energy has become a major component of our system. When we took over, access to electricity was just about 50%. Today as I speak to you, access to electricity is 83.5%, second to only South Africa.”

Boakye Agyarko’s assurances

The Energy Minister Boakye Agyarko had assured that power supply in the country will normalize today[February 28] after an earlier promise that the situation will normalize by the previous Saturday.

The Minister had earlier attributed the cause of the recent unplanned power outages to technical works on some of the country’s power plants.

New deadline to end of dumsor

Following recent erratic power cuts in Accra and other parts of the country, the Minister of Energy, Boakye Agyarko assured that the situation will normalize by end of Saturday, February 25, 2017 but it turned out to be false.

The Energy Ministry subsequently issued a statement extending the deadline to Monday, February 27, 2017.

“We wish to state that with the tie-in operation successfully completed, and coupled with the measures we put in place including procurement of fuel and increased power supply from La Cote d’Ivoire, the [power] situation will normalize from 27th February 2017,” a statement signed by the Communications Officer at the Energy Ministry, King A. Wellington, added.

–

By: Jessica Ayorkor Aryee/ Duke Mensah Opoku/citibusinessnews.com/Ghana

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

Gov’t expenditure needs to be checked to help deal with inflation – ICAG

Take control of financing on the continent – Ofori-Atta to AfDB

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