Author: Godwin Akweiteh Allotey
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Africans must trade more among themselves – Togbe Afede
Togbe Afede XIV, Agbogbomefia of Asogli State has called on African countries to encourage trading among themselves to enhance living standards across the continent. He said Africans must redirect spending to the continent to help foster stronger continental integration, the prime objective of the Africa Continental Free Trade Area (AfCFTA). Togbe Afede made the call…
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FDA collaborates with GEPA to boost export trade
The Food and Drugs Authority (FDA) has welcomed the collaboration with the Ghana Export Promotion Authority’s Impact Hub initiative which is intended to provide relevant trade information to the Ghanaian export community to boost the country’s export trade. The facility christened the GEPA Impact Hub, and located at the African Trade House, Headquarters of AfCFTA…
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Mawuli Ocloo to speak at Africa Revenue Summit 2021 in Nigeria
Sales Expert and the Chief Sales Partner at Salesmark Services, Mawuli Ocloo will deliver a keynote address on the topic: “Designing a Modern Sales Process for Growth” at the annual African Revenue Summit (AFRES) 2021 slated for the 4th and 5th June 2021 in Lagos, Nigeria. Under the theme: Scaling Growth, Optimizing Margins, Africa Revenue Summit 2021…
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Finance Minister justifies establishment of Development Bank Ghana
Finance Minister, Ken Ofori-Atta, has defended the government’s decision to set up the Development Bank Ghana (DBG). The Minister says the Bank is a major part of the GHS100 billion CARES ‘Obaatampa’ programme aimed at dealing with the devastating economic effects of the COVID-19 pandemic. “DBG is a key pillar in our efforts to quickly…
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COVID-19 affected upstream oil and gas sector in 2020 – PIAC
The Public Interest and Accountability Committee (PIAC) says the outbreak of the COVID-19 pandemic and its associated shocks on the economy and major industry actors proved challenging to upstream oil and gas operations in 2020 compared with 2019. PIAC said the outbreak and effect of the COVID-19 pandemic brought some uncertainties in the global upstream…
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Akufo-Addo secures €170 million for Development Bank-Ghana
The Ministry of Finance and the European Investment Bank have signed an agreement for the provision of a one hundred- and seventy-million-euro (€170 million) facility for the establishment of a new national bank, the Development Bank Ghana (DBG). DBG is an integral feature of the GH¢100 billion Ghana Cares ‘Obaatampa’ Project, which is seeing to…
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ECG’s 8-day ‘dumsor’ schedule ends today – Energy Minister
The Minister for Energy, Dr. Matthew Opoku Prempeh, is confident the load shedding exercise in communities that receive electricity from the Pokuase Bulk Supply Point will end today as scheduled. Last week, the Electricity Company of Ghana rolled out an eight-day power outage schedule for some parts of the national capital to enable it undertake…
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Consider lifting ban on construction of new LPG stations – LPG Marketers
The Liquefied Petroleum Gas (LPG) Marketing Companies Association says it may lose GH¢60million worth of investment made into building some 100 LPG retail outlets which remain incomplete. The government, after the Atomic Gas explosion in 2017, placed a ban on new LPG retail points to allow for proper assessment of all LPG outlets nationwide. Although…
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IMF commends Ghana for effectively managing COVID-19 pandemic
The International Monetary Fund (IMF), says Ghana has effectively managed the COVID-19 pandemic. The commendation was contained in a statement after a team led by Carlo Sdralevich paid an official visit to Ghana. The team had discussions with Vice President, Dr. Mahamudu Bawumia, Finance Minister, Ken Ofori-Atta, Governor of the Bank of Ghana, Ernest Addison,…
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Kumasi: Drivers of ride-hailing apps protest over poor working conditions
Members of the Online Drivers Association in Kumasi on Tuesday, May 11, began a one-week strike in protest of what they call poor conditions of service. According to the drivers who primarily use ride-hailing apps such as Uber and Bolt, the recent increment in fuel prices has worsened their plight. Speaking to Citi News, the…