Author: Ebenezer Afanyi Dadzie
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EOCO freezes assets of defunct Ideal Finance boss, Nii Kotei Dzani
The Economic and Organized Crime Office (EOCO), has frozen the assets of Nii Kotei Dzani, a Member of the Council of State and founder and Director of defunct Ideal Finance. According to Citi Business News sources, the action is to among other things intended to find ways to retrieve funds from him to pay back customers whose…
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GSE hopeful of a boost in listing after integration of West African Stock Exchanges
The Managing Director of the Ghana Stock Exchange (GSE) Ekow Afedzie says the final phase of the integration of three key stock exchanges across the West Africa sub-region to facilitate cross-border listing and trading will take off this year. Speaking at a news conference organised by the local bourse, Mr. Afedzie said the process is…
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Bauxite mining: Gov’t to settle on key investors by close of 2020
The Ghana Integrated Aluminium Development Corporation (GIADEC), will by close of this year, enter into joint venture partnership with investors for the mining of the country’s bauxite reserves, President Nana Akufo-Addo has revealed. Speaking at the 2020 State of the Nation Address in Parliament, the President said the move is part of government’s plans to…
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Ideal Finance collapse: EOCO pursues Nii Kotei Dzani for more assets and accounts
The Economic and Organized Crime Office (EOCO), says it is still in the process of tracking more assets and accounts owned by Council of State Member and founder of defunct Ideal Finance, Nii Kotei Dzani. EOCO has already frozen some 31 accounts and some landed property of Nii Kotei Dzani, as part of efforts to…
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Check out list of 28 companies affected by Trade Fair demolition
On the dawn of Sunday, February 16, 2020, eight structures at the Trade Fair site in Accra were pulled down on the orders of the Ghana Trade Fair Company, to pave way for a massive redevelopment project that has been on the drawing board since 2017. Owners of the affected companies say they were not…
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Youth in agribusiness: RMG Ghana’s reality show on farming to whip up interest
As part of efforts to encourage Ghana’s youth, especially graduates to take agriculture seriously, RMG Ghana, one of Ghana’s leading supplier of agro inputs to the Ghanaian economy, is set to launch a reality show on farming. The show, which will be aired on Ghana’s fastest growing television network, Citi TV, will provide an opportunity for…
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CLOGSAG threatens strike on March 3 over market premium
The Civil and Local Government Staff Association of Ghana (CLOGSAG), has announced that it will embark on a strike on March 3 over government’s refusal to honour its demand for a 15% increment in premium for its members. This comes on the back of a communique from the office of the Head of the Civil…
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Raymond Archer’s factory wasn’t targeted; 27 other structures affected- Trade Fair
Management of the Ghana Trade Fair Company, has refuted claims that Color Planet, owned by Raymond Archer, was demolished as part of the redevelopment plan for the site on political grounds. Some persons have read political meanings into the Monday dawn demolition of Mr. Archer’s factory, although seven others were affected that day. The opposition…
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COPEC urges OMCs to deliver value for money; commends GOIL’s high-grade fuel
Executive Director of the Chamber of Petroleum Consumers-Ghana (COPEC), Duncan Amoah, has called on Oil Marketing Companies, (OMCs) nationwide to ensure that Ghanaians get the best grade of fuel to protect their cars and the environment. This follows Ghana Oil Company’s (GOIL) introduction of a higher-grade petrol, RON 95, fuel type unto the market. Mr.…
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Gov’t must speed up implementation of land bank concept – GREDA
President of the Ghana Real Estate Developers’ Association (GREDA), Patrick Ebo Bonful, has called on government to expedite action on the implementation of the proposed land bank policy to mitigate land challenges in the country. A land bank is a governmental or nongovernmental nonprofit entity established, at least in part, to assemble, temporarily manage, and…