Author: citibusinessnews
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Board for Energy Ministry inaugurated
A 10–member Advisory Board for the Ministry of Energy and Petroleum (MoEP) has been sworn in with a charge to increase energy generation to meet the growing demand for electricity. The ministry has been without a board for four years. Membership Members of the new board include the Minister of MoEP, Mr Emmanuel Armah- Kofi…
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Retrenched workers of Anglogold given investment options
Anglogold Ashanti (AGA), Ghana, with guidance and endorsement from the Ghana Mines Workers’ Union, has given a lifeline to more than 800 workers it has retrenched by organising a special investment fair at which the workers were provided with financially secure and safe advice from experts. The objective of the fair was to impart knowledge…
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Don’t blame Chinese traders for ‘cheap goods’
The Secretary-General of the Ghanaian community in the People’s Republic of China, Mr Appiah Kubi, has said contrary to the view held in Ghana that Chinese goods are inferior, it is the Ghanaian trader who determined the specifications of the goods to be supplied. He said any defect in the quality of goods imported into…
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GPHA to set up port training school
The Ghana Ports and Harbours Authority (GPHA) has signed a Memorandum of Understanding (MoU) with the Netherlands government for the establishment of a Port Training Institute (PTI) to impart practical knowledge into personnel who will handle the day-to-day activities of our ports. Mr. Richard Anamoo, Director General of the GPHA, signed for his outfit, while…
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Parliament passes Excise Bill 2013
Parliament yesterday passed into law a bill to exert punitive measures on persons who manufacture excisable goods in the country without registering with the Ghana Revenue Authority (GRA). The Excise Bill, 2013, enjoins manufacturers to file their excise duty returns for each calendar month not later than the 21st day of the following month, whether…
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World Bank report on Africa shows mixed performance
The latest World Bank review of government policies and institutions in Africa showed that 20 per cent of countries improved their policy environment to boost growth and cut poverty in 2013. The review is the annual Country Policy and Institutional Assessment (CPIA), which rates the performance of poor countries. Since 1980, CPIA ratings have been…