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    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Don’t shortchange customers; use standardized measurements – Traders told

    We’re ready to provide liquidity support to banks – BoG reiterates

    Utility tariff increase will cripple businesses – AGI

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Utility tariff increase will cripple businesses – AGI

    GRA arrests 3 shop owners for not issuing VAT invoices

    GNPC-PetroSA deal: Freddie Blay threatens to sue CSOs

    Chinese involvement in Ghana’s economy not problematic – Nana Addo

    Ghana Association of Banks welcomes provisions for recapitalization

    BoG commissions Financial Industry Command Security Operations Centre

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    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

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    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

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    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

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Rana Motors officially opens Assembly Plant at Amasaman

byEmmanuel Oppong
May 5, 2023
in News
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Rana Motors has officially inaugurated its state-of-the-art vehicle assembly plant at Amasaman in the Ga West Municipality.

This brings the total number of vehicle assembly plants in the country to five.

The facility occupies 13.5 hectares of land and has an operational capacity of 30,000 cars annually, expected to rise to 70,000 when it operates at full capacity.

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President Akufo Addo who graced the opening in his address lauded the efforts being made by the private sector towards national development and assured of an enabling environment.

“This investment by Rana Motors is a strong indication of the private sector’s support for the industrialization agenda,” he said.

“I want to assure you all private sector players of that government will continue to introduce sector-specific policy intervention and an enabling environment for businesses to survive and strive,” he assured.

Speaking on the sidelines of the official opening of the ultra-modern assembly plant   , Chief Operating Officer of Rana Motors, Kassem Odaymat noted that, Rana Motors will capitalize on incentives promised by government to boost its production in Ghana.

“Once the full implementation of the policy of zero-rated is put in place, it will make it more attractive. Our prices will be competitive because it is exempted from a lot of taxes,” he said.

“With the financial schemes that will be in place set by government and different institutions to fund everybody who will want to buy a vehicle assembled in Ghana,” he added.

 

 

 

 

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