Author: Ebenezer Afanyi Dadzie
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AfCFTA secretariat will be operational by March 31 – Akufo-Addo assures AU
President Nana Addo Dankwa Akufo-Addo, has assured the Assembly of Heads of State and Governments of the African Union that the Secretariat of the African Continental Free Trade Area (AfCFTA) will be operational by 31st March, 2020. The Agreement is aimed at improving intra- African trade to among other things, create a single market, deepen…
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The top 20 economies of the world as at October 2019
The different phases of economic cycles toss economies around the world. However, it’s interesting to see that these top economies don’t budge easily from the positions they hold. When compared to the top 20 economies of 1980, 17 are still present on the list, which means only three new entrants. In addition to the key…
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Norway’s Aker Solutions stock dives to record low on revenue warning
Shares in Norway’s largest oil services firm Aker Solutions (AKSOL.OL) lost nearly a quarter of their value on Friday, hitting a record low after the company warned 2020 revenue was likely to fall by 14% year-on-year. Suppliers to the oil industry are struggling to recover from the market’s fall in 2014-2016 as competition is cut-throat…
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Apple fined for slowing down old iPhones
Apple has been fined 25 million euros (£21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers. The fine was imposed by France’s competition and fraud watchdog DGCCRF, which said consumers were not warned. In 2017, Apple confirmed that it did slow down some iPhones, but said it only did…
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Takoradi Port to boost efficiency with new multi-purpose tugboat
The Port of Takoradi has secured a multi-purpose Tugboat with 80 tons Bollard-pulls to enable it attract larger ships that do not fit in the original canal locks, such as supertankers and the largest modern container and passenger ships. A tugboat or tug is a type of vessel that maneuvers other vessels by pushing or…
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Botim Farms loses 200 acre mango plantation to bushfire
A 200-acre mango plantation has been destroyed by fire at Tainso in the Tain District of the Bono Region. Speaking to Citi Business News, Yaw Gyan, the Chief Executive Officer of Botim Farms, owner of the Mango Plantation, said this is the first time he’s experiencing this, and that he has no idea how it…
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Huawei named one of top 10 most valuable Global brands
Huawei announced that Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the first time ever. In the recently published Brand Finance Global 500 2020 report, Huawei is the third Chinese company on the list with a brand value…
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Ghana Statistical Service to recruit 70,000 enumerators for 2020 census
The Ghana Statistical Service (GSS) says it will recruit about 70,000 people as enumerators for the upcoming national Population and Housing census slated for June 28. The Service says the recruitment will be done at the district level with the exercise expected to be carried out within two weeks. The nationwide enumeration exercise was originally…
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2020 census slated for June 28; exercise to be undertaken in 2-weeks
The Ghana Statistical Service, GSS, says it hopes to complete this year’s population and housing census within two weeks. This comes after it announced June 28, 2020, as the new date for the commencement of the exercise. The nationwide enumeration exercise was originally scheduled for March, but had to be rescheduled due to some technical…
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Farmers, workers protest over struggling Ayensu Starch Factory; demand gov’t takeover
Workers of the Ayensu Starch Factory at Awutu Bawjiase in the Awutu Senya West District of the Central Region have demonstrated against managers of the company for not doing much to make the struggling firm viable. The workers, together with some farmers who are the main suppliers of cassava to the factory, are thus asking…