Author: Emmanuel Oppong
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Savings and loans companies receive assurance from BoG to resolve NPLs
Savings and loans companies in the country have received assurances from the central bank that steps will be taken to resolve difficulties with Non-Performing Loans (NPLs) and high interest rates. The Central Bank claims to have seen the difficulties facing the sector’s operators. As the bank continues to work to ensure financial stability, Mr. Osei…
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Aggrieved customers of Gold Coast Fund Mgt threaten to picket at Finance Ministry
Leaders of the aggrieved customers of the defunct Gold Coast Fund Management Company have given government up to July 24 to accelerate efforts to pay their locked –up funds or commence a 36-hour picketing at the Finance Ministry. This is coming after the aggrieved group made a call for an investigation into the Economic and…
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Prof. Gatsi cautions govt against attempts to advance money from Contingency Fund
The Dean of the School of Business at the University of Cape Coast, Professor John Gatsi is cautioning government to be more prudent with proceeds from the Contingency Fund. His comments come on the back of the disclosure by the finance minister on the floor of parliament that the Contingency Fund now stands at GH¢200…
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Over 420 suspected loan app operators arrested
Over 420 suspects engaged in loan app operations have been arrested. The Cyber Security Authority, in partnership with the Bank of Ghana and the Economic and Organized Crime Office (EOCO), launched a swoop as part of a combined Cyber security committee operation, which resulted in the arrest of the suspects. The joint operation involved a…
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Second phase of PFJ initiative must check over-reliance on cereal importation – Poultry farmers urge govt
The Poultry Farmers Association of Ghana is impressing on government to as a matter of urgency use the phase two of the planting for food and jobs initiative reduce the instances of cereal importation by its members to feed their birds. This comes on the back of an earlier announcement by government to prioritize the…
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Printing press operators bemoan low sales; blame emergence of QR codes
Players in the printing industry have expressed their concern over a decline in sales, which they attribute to the emergence of Quick Response codes (QR codes) and the high cost of production, including utility tariffs. Accra Newtown is a hub of almost all printing demands from books, posters, invitation cards, t-shirts, branded souvenirs, banners, calendars,…
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CJ advocates for comprehensive framework to promote sustainable blue economy
Chief Justice, Getrude Torkonoo is advocating for Ghana to establish a comprehensive legal, regulatory, and institutional framework that promotes the responsible utilization of the blue economy. Emphasizing the significance of adapting to global economic changes, she highlighted the importance of implementing measures to harness the potential of the marine environment for sustainable development. She made…
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Make floral business more appealing to youth – Stratcomm Africa
Stakeholders within the agriculture, horticulture and floriculture value chain are being encouraged to make the business of planting more appealing as employment avenues to the teeming youth. This, according to the Ghana Garden and Flower Movement – an initiative by Strategic Communications Africa will partly help address the high instances of unemployment amongst the youth…
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Agribusiness players urged to find actions to increase food production
As Africa’s net food import is projected to reach US$ 110 billion by 2030, actors within the agribusiness space are being encouraged to leverage on the Africa Continental Free Trade Area to help find urgent actions to increase food production whiles optimizing profits. According to Professor Godfred Bopkin, the growing population of the continent needs…
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New tax on plastic packaging in Ghana–Will this solve the problem of plastic waste?
The use of plastic materials is convenient, and it is the preferred choice by both manufacturers and consumers due to its lightweight and its ability to store and prevent food contamination but globally, the effect of plastics on the environment is devastating especially when it is improperly managed. Because Plastic packaging is typically used for…