Author: citibusinessnews
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Buipe Petroleum Storage Depot shut-down
The Buipe Petroleum Storage Depot has been temporarily shut-down for routine maintenance. Depot Manager, Fred Ayarkwa explained that the exercise was in line with a nationwide upgrading system. He anticipated that operations will resume by the end of September 2014. The Buipe Petroleum Storage Depot has two pumping stations with a booster station at Savelugu.…
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Ghana is ready for solar energy – GTUC
Dr Agyenim Boateng, Dean of Graduate School, Ghana Technology University (GTUC) says the nation could go for solar energy if it musters the political will and put in place right research investment and capacity building for local people. He observed that in the light of the country’s abundance sunshine, it has the potential to develop…
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Enforce approved axle load limit – Haulage operators to gov’t
Operators in the Haulage and Transit Trade (OHTT) sector have made a plea to government to revert to the axle load limit agreed upon by the European Union (EU) and the Economic Community of West African States (ECOWAS) for implementation by the member countries. Ghana, they noted, was the only country in the sub-region, which…
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China pledges support for Ghana’s energy sector
The Chinese Ambassador to Ghana, Sun Baohong has pledged China’s unflinching support for Ghana in her quest to generate adequate electricity to power the nation and accelerate economic growth. According to her, the government of Ghana’s target of achieving 10% renewable component of its electricity generation by 2020 will receive the full support of her…
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Food shortage to hit Ghana if… – Farmers
The Peasant Farmers Association of Ghana (PFAG) have made a passionate appeal to the government to immediately release fertilizers to farmers to avert low crop yield this year and imminent food shortage in the country next year. The President of PFAG, Mohammed Adam Nashiru, said the non-availability of fertilizers for farmers for this year’s planting…
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BoG sued over cedi depreciation
The Bank of Ghana (BoG) has been dragged to the Supreme Court over the depreciation of the cedi. A private legal practitioner, Dr John Ephraim Baiden, is asking the court to order the bank to put in measures to provide a stable currency. While accusing the BoG of overstepping its bounds and, as a result,…