Author: Nerteley Nettey
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GCB Bank’s G-Money launches API for Fintech partners
G-Money, GCB Bank Ghana Limited’s mobile money service has launched ‘Nexus,’ an open Application Programming Interface (API) system to onboard third-party Financial Technology (FinTech) partners. With the API, G-Money partners are now able to perform disbursements, collections and bill payments including the payment of school fees and utility bills. Additionally, partners will be able to…
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Farmers elated about siting of new rice processing factory in Sefwi Akontombra
As parts of efforts by the government to boost productivity and increase job opportunities, the government with funding from the African Development Bank through the Agricultural Commodity Processing Development of the Rural Enterprise Program (REP) have started a rice Processing Factory in Sefwi Akontombra in the Western North Region. The factory- Sefwi Akontombra Rice Processing…
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Pay fuel suppliers regularly to ensure continuous power supply – IPPs to government
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB–Ghana) has questioned government’s commitment to regularly pay its members to ensure a continuous supply of power in the country. This comes days after Government announced an amended Power Purchase Agreement with CENIT Energy Limited, a Ghanaian independent power producer. According to the Chamber, government…
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Help reduce debts in Ghana’s energy sector – Government to IPPs
Government has called on Independent Power Producers (IPPs) in the country to help reduce debts and provide a stable energy supply for Ghanaians. The advice comes after the government successfully secured terms for an amended Power Purchase Agreement (PPA), with CENIT Energy Limited (CEL), a Ghanaian independent power producer. Per the agreement, CEL has decided…
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Government secures amended power purchase agreement with CENIT Energy
Government and CENIT Energy Limited (CEL), a Ghanaian independent power producer, have successfully secured terms for an amended Power Purchase Agreement (PPA). Per the agreement, CEL has decided to convert its power plant into a tolling structure and transfer all resulting cost savings to ECG. A statement issued by the Public Relations Unit of the…
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Huawei Y9a: The new addition to the Huawei Y series officially launched in Ghana
Huawei has announced the launch of the new HUAWEI Y9a, a powerful smartphone that is designed for photography and Super performance in Ghana. Offering a SuperCamera experience with a 64MP Quad Camera, 40W HUAWEI SuperCharge, large storage and a sleek design with good value for money, the HUAWEI Y9a promises to be the perfect choice…
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Pre-order the powerful HUAWEI Y9a and enjoy its rich feature
The much-anticipated Huawei Y9a is finally here, and you can pre-order it from the 25th of September to the 1st of October 2020. The Huawei Y9a is packed with rich features, a stellar design, and all at a more affordable price. It is easily one of Huawei’s best smartphones and for good reason. Aimed at…
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GCNet staff begins sit-down strike over non-payment of exit packages
The GCNet Staff Welfare Association has resolved to commence a series of industrial actions against GCNet Management from today, Thursday, September 24, 2020, until further notice. According to them, this is to press home their demands for the immediate payment of “redundancy packages to redundant staff in accordance with the Arbitration Award”. It will be…
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Cashew processors call for more support to increase local processing
Cashew processors are calling on government to support them to improve local processing of cashew in the country to increase their yield, and also assist them by regulating pricing to ensure fair trade. According to them, despite the high nutritional and economic value of cashew products, local demand is very low. Speaking to Citi Business…
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Reduce imports to maintain stability of the Cedi – Alhassan Andani
The President of the Ghana Association of Bankers, Alhassan Andani is calling for more sustainable measures from the Bank of Ghana to ensure the Cedi’s recent stability continues into the medium to long-term. The currency has performed marginally well from January till now, compared with its peers on the continent. Out of some 15 key…