Author: citibusinessnews
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Obuasi: Anglogold Ashanti retrieves body of missing miner
Anglogold Ashanti has retrieved the body of a miner, who together with other workers were trapped about two weeks ago after an underground mining pit caved in. The underground mining pit is part of the concession of Anglogold Ashanti, Obuasi Mine. The company in a statement said the miner’s body was retrieved on Saturday, May…
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IES urges government to act on its ENI/Springfield unitisation directive
The Institute for Energy Security (IES) has charged government to take immediate steps to actualize its directive to Eni Ghana Exploration and Production Limited and Springfield Exploration and Production Limited to unitize the Afina discovery and the Sankofa field. According to the Institute, urgent action is required from government given that time is of essence…
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Tema Oil Refinery not on the verge of collapse – Management
The management of Tema Oil Refinery (TOR), has refuted claims that it is on the verge of a shutdown due to debts owed some utility providers in the country. Some media reports had suggested that the Ghana Water Company Limited (GWCL) had cut water supply to TOR for close to a month due to its…
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GIPC to hold second quarter GIPC CEOs Breakfast meeting tomorrow
The Ghana Investments Promotion Centre, GIPC, is set to hold the second quarter CEO’s Breakfast Meeting tomorrow, 25th May, 2021 at the Labadi Beach Hotel. This forms part of its strategic efforts of attracting investments into the country. The event which is on the theme “Understanding Ghana’s Tax and Exemptions Regime Towards Increasing Confidence in…
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Agrihouse holds third LiPF in Accra
As part of efforts to bring stake holders in the agricultural sector together to develop more strategies that seek to modernise the agricultural sub-sector to enhance high productivity especially the livestock, Agrihouse foundation has held its third Livestock, Poultry and Fisheries Tradeshow, LiPF, in Accra. Over the years, the LiPF tradeshow has showcased and promoted…
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Italian Trade Agency launches Italy-Ghana Agribusiness digital lab
In its quest to develop mutually beneficial business relationships within the agricultural sector value chain, the Italian Trade Agency (ITA) has launched the Italy-Ghana Agribusiness Digital Lab project to bring together Italian and Ghanaian companies in the agribusiness sector. The project will introduce Italian expertise and technology in the agribusiness value chain to the Ghanaian…
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Ghana to be removed from EU’s money laundering list
The European Union (EU), has announced plans to take off Ghana from its list of countries noted for money laundering and terrorism financing. This decision is said to have been arrived at during President Nana Akufo-Addo’s two-day working visit to Brussels, Belgium, a statement from the Jubilee House said. “The European Union acknowledged the efforts…
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Sunon Asogli to enter Liberia power industry as it negotiates a power deal
Independent Power Producer, Sunon Asogli Power (Gh) Ltd, is set to enter the Liberia power industry. This follows a recent visit by Togbe Afede XIV, the Agbogbomefia of the Asogli State, co-founder and a Director of Sunon Asogli Power (Gh) Ltd and a 4-member investment and technical team to Monrovia, the Liberian capital, to negotiate…
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ECG Board and officials pay familiarisation visit to Alpha TND Factory
The Board of the Electricity Company of Ghana (ECG) led by its Board Chairman, Mr. Keli Gadzekpo, and some officials have paid a one-day familiarisation visit to the factory base of energy and power distribution resource company Alpha TND Limited located at Prampram in the Greater Accra region. Mr. Keli Gadzekpo was accompanied by Mr.…
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Financial services, product personalization crucial for building trust and inclusion – Victor Asante
Financial inclusion across developing countries, especially those in Sub-Saharan Africa including Ghana remain low even though much progress has been made in the last decade. According to the Global Financial Inclusion Data of the World Bank, the proportion of adult population in Ghana with financial account increased from 41 percent in 2014 to 58 percent…