Author: Anita Arthur Kissi-Mireku
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Toyota Ghana opens ultramodern office along the Tema Motorway
Users of Toyota vehicles in the country would now enjoy superior after-sales services as Toyota Ghana Company Limited has opened its ultra-modern head office along the Tema Motorway on Tuesday 16th July,2019. The new facility which will serve as a new branch of the company, will amongst others, offer services including sale of vehicles, spare…
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Yofi Grant woos diasporans to invest in Ghana
Ghanaians living abroad have been urged to take advantage of the opportunities in the economy by investing in it and establishing businesses as well. According to the CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, the positive macroeconomic indicators in the country such as a drop in inflation over the years, a drop…
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Oil Exploration: Tullow fails to secure oil blocks in competitive bidding
Tullow Oil failed to make it to the next stage in the maiden licensing round for oil blocks in Ghana. The oil company was not shortlisted as part of companies whose bid qualified for the next process in the bidding rounds. The development comes on the back of a statement issued by the Ministry of…
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‘Invest in infrastructure to make continental free trade agreement a success’
African countries that are set to take part in the African Continental Free Trade Agreement must invest in regional infrastructure in order for it to succeed. This is according to the Former Governor of the Central Bank of Nigeria, Charles Soludo. The Agreement, which is expected to see full implementation this month is aimed at…
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Ministry of Energy pushes target for universal electricity access from 2020 to 2025
The Ministry of Energy has reviewed its target of ensuring universal electricity coverage from 2020 to 2025. This, the Ministry says, has become necessary even as it implements new measures to enhance energy efficiency in the country, as well as address the remaining challenges in ensuring energy supply to some rural parts of the country.…
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Electrical dealers want GIPC law barring foreign retailers enforced
In the wake of the ongoing tussle over the involvement of foreign nationals in Ghana’s retail space, members of the Ghana Electrical Dealers Association have threatened to prevent foreigners dealing in electricals in Ghana from continuing with their business if the government fails to enforce the GIPC Act 865. The Act, in section 27, prohibits…
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Building and Civil Engineers bent on embarking on nationwide demo by Friday
The Association of the Building and Civil Engineering Contractors of Ghana says it has put measures in place to commence a nationwide demonstration should government fail to pay arrears owed them by 26th June, 2019. This comes after an earlier press conference this month where members of the association demanded payments of work they had…
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Agric sector’s performamce in Q1 worrying — Prof. Quartey
Economist with the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the government to pay more attention to the policies it has adopted for the country’s agricultural sector following a dip in the sector’s contribution to the country’s GDP figures for the first quarter of the year. The Gross Domestic…
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Kwame Pianim calls for 30 percent increase in electricity tariffs
Economist and Investment Consultant, Kwame Pianim has called for a thirty percent increase in electricity tariffs to help in correcting the books of all players within the energy sector with regards to the legacy debts. The comment comes at a time where the Public Utility Regulatory Commission is expected to announce major tariff decisions for…
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Auditor General to halt salaries of MMDAs that fail to respond to queries
Municipal, Metropolitan and District Chief Executives that fail to respond to letters from the Auditor General’s Department on irregularities of salaries will no longer receive their pay, this is the warning from the Auditor General, Daniel Domelevo. Mr. Domelovo, who also challenged Ghanaians to join the fight against payroll fraud, said refusal by MMDCEs to…