Author: Ebenezer Afanyi Dadzie
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Mango farmers seek gov’t support to tackle Black Bacteria Disease
Mango farmers in the country have called for government’s intervention to help deal with the Black Bacteria Disease (BBS) that has been plaguing the sector to save it from collapsing. Mr. Godfred Alimo, Secretary, Blue Skies Mango Collectives, a Fair Trade group, said there is the need for a holistic approach in dealing with the…
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Access common market through Ghana – Nana Addo to international community
Ghana for the past three days has sent a strong signal to potential investors in the United Kingdom and the entire global community as a preferred destination of accessing the African common market for their business operations. President Akufo-Addo said this during his keynote address at the second Ghana Investment and Opportunity Summit (GHIOS), which…
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NPA to receive technical support from India to implement new gas distribution policy
The National Petroleum Authority, NPA, is to be assisted by the Indian Oil Corporation Limited (IOCL), to implement the Cylinder Recirculation Model of the new LPG policy. This follows a Memorandum of Understanding (MoU) signed between the two companies in India. Officials from both the NPA and Ministry of Energy are in India to discuss…
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Cement distributors demand commission on each bag to stay profitable
The National Association of Cement Distributors is asking for a commission of 50 pesewas or one Ghana Cedi from cement producers on each bag of the product to enable them stay in business due to increasing competition in the industry. The Western Regional Chairman of the Association, Andy Biney, has told Citi Business News the…
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Workers of Coca-Cola Ghana protest against removal of MD
Workers of the Coca-Cola Bottling Company of Ghana have embarked on a mass action against the removal of the company’s Managing Director, Seth Adu-Baah. The workers, who have been protesting since Monday, January 20, 2020 in their red arm and head bands, have accused the company of unfair treatment against Ghanaian managers. Seth Adu-Baah, who…
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Old insurance stickers no longer valid; electronic motor insurance takes over
The National Insurance Commission, NIC, has announced that it has stopped the issuance and use of the old motor insurance stickers effective January 20, 2020. It follows the rolling out of the electronic motor insurance sticker. The change was announced in a statement issued by the NIC to the public to among other things ensure…
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Top agribusiness firm B-BOVID, to receive support from 4 major corporate donors
Four major international sponsors of agribusiness are at various stages of supporting B-BOVID’s network of farmers to modernize their business operations. This is a strategic boost to the all-inclusive, climate-smart, social business model B-BOVID has introduced into the country over the past ten years. In 2018, the Moringa Impact Fund, initiated by the Edmond de…
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Quick Credit appoints Romeo Seshie as new CEO
Mr. Romeo Richlove Kweku Seshie has been appointed as the new CEO of Quick Credit and Investment Micro-Credit Limited, an over ten year-old micro credit company licensed by the Bank of Ghana. Until his appointment, Romeo Seshie was General Manager for Quick Credit and the second in command to the founder and CEO of Quick…
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Women shea butter processors in West Mamprusi cry for buyers
Shea butter processors at Loagri No. 2, near Walewale in the West Mamprusi District of the North East Region, are appealing to dealers in the sector to purchase their butter to keep them in business. The over 50 women, who have formed an Association, made the appeal when Citi Business News visited the area recently…
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UT Bank collapse: Kofi Amoabeng granted GHS110m bail; his passport to be seized
The Circuit Court in Accra has granted bail to founder of UT Bank, Prince Kofi Amoabeng, who is facing charges of stealing and money laundering over the bank’s collapse. The bail granted by Justice Essandor, was in the sum of 110 million cedis with two sureties who earn not less than two thousand cedis. Mr.…