Author: Ellen Dapaah
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Registrar General awaits court order to continue paying clients of defunct FMCs
The Registrar General, Jemima Oware, has disclosed that she is awaiting more winding down orders from the court assigned to handling the liquidation cases for fund management, before making more payment to customers whose funds have been locked-up in the various defunct fund management companies. Giving updates on the payment process, Mrs. Oware, in an…
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Agrihouse launches third livestock, poultry and fisheries tradeshow
Agrihouse Foundation, in partnership with United State Department of Agriculture (UNDA) – Ghana Poultry Project (GPP), has launched the third edition of the Livestock, Poultry and Fisheries Tradeshow (LiPF) on March 02, on the theme, “WE MOVE! W) YAA.” The main event of the two-day training and exhibition tradeshow is slated for May 21 to…
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Plans still underway to implement ECO currency in West Africa – Alan Kyerematen
Minister-designate for Trade and Industry, Alan Kyerematen, says the common currency by West African states, ECO, still remains on the drawing board because of the inability of some of the member states to meet the common convergence criteria. “We all agree that a common currency in ECOWAS will enhance trade between our countries. Unfortunately, we’ve…
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Sipping wine in a pandemic
As the world continues to suffer the effects of an unexpected pandemic, businesses continue to push through to remain relevant. South Africa’s wine industry is one of the many that has taken a hit in this era, having to experience a ban on exportation of wine, hence causing it a huge financial loss, not to…
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CGIA Network President calls for proper regulation of online platforms
As part of efforts to ensure that Ghana fully benefits from digital economy trends, stakeholders in the finance sector have asked the government to set up specific rules and regulations to govern the operations of online platforms and businesses. According to them, this will make it easier for the regulatory bodies to monitor such platforms…
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Telcos Chamber refutes Ursula’s claims of understating revenue
The Ghana Chamber of Telecommunications has once again, raised concerns about the claim that mobile network operators in the country understate their revenues to the government. This comes after the Communications and Digitalization Minister-designate, Ursula Owusu-Ekuful’s recent assertions that telcos under-declared their income flows to avoid tax charges. She made these statements while justifying the…
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GCNet ready to pay redundancy compensation to laid-off workers
The management of Ghana Community Network Services Limited (GCNet) says it is prepared to pay redundancy compensation to its laid-off workers in accordance with legal processes. According to the management, it is challenging the arbitral award by a panel of the National Labour Commission (NLC) not because the company wants to deny the workers compensation…
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Coffee farmers in Ghana decry government’s neglect of sector
The Coffee Federation of Ghana is demanding decisive state action to ensure the transformation of the country’s coffee sector. For the Federation, technical assistance among others remains major components to tackling existing challenges in the coffee value chain and boost the Coffee Development Program. Speaking in Accra at the Coffee People’s Conference for farmers, processors…
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World Bank appoints Senegal’s Makhtar Diop as Managing Director of IFC
World Bank Group President David Malpass has announced the appointment of Makhtar Diop as Managing Director and Executive Vice President to head the International Finance Corporation (IFC), an arm of the World Bank Group that advances economic development and improves the lives of people by encouraging growth of the private sector in developing countries. “Makhtar…
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WTO Director General outlines plans to rejuvenate global trade
The newly appointed Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has pledged to among other things, facilitate the lifting of export restrictions among member countries to enable easier movement of goods during this COVID-19 period. This forms part of her vision to rejuvenate and strengthen the World Trade Organization to enable it effectively…