Author: Nerteley Nettey
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GEPA opens workshop facility for Abompe Bauxite Bead Makers in Fanteakwa District
The Ghana Export Promotion Authority (GEPA), has commissioned a multi-faceted workshop facility to house bauxite bead producers in Abompe in the Fanteakwa District of the Eastern Region. The new facility, valued at GHS 500,000, is expected to significantly boost the production processes of bead-making. It comprises a production floor space, warehouse and washroom facilities with…
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Ghana Institute of Architects pushes for comprehensive housing policy
Players in Ghana’s architecture sector are pushing for a clear policy on housing in Ghana to make it truly affordable and available. Already, Ghana lacks a comprehensive housing programme, and this has been blamed on the lack of a financial strategy for implementation of projects in the sector. The definition of affordable housing has been…
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Cofundie starts crowdfunding investment in new homes at Appolonia City
Cofundie has launched its first ever real estate crowdfunding campaign, offering anyone in the world the opportunity to invest in new homes at Appolonia City, the popular new city development in Accra, Ghana. In a press release, Cofundie stated that for as little as USD 250 (GHS 1,500), investors can own shares in the homes,…
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Movement of funds from bank accounts to MoMo Wallets and vice versa on the rise
Many people are taking advantage of Mobile Money Interoperability (MMI), to move money from bank accounts to Mobile Money (MoMo) wallets and vice versa. The overriding feature of the second phase of the MMI, is the financial inclusion triangle, that is the linking of bank accounts to MoMo wallets and e-zwich cards, which allowed funds…
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Ghana Institute of Architects swears in new Council executives
The Ghana Institute of Architects (GIA), has inaugurated and sworn in new executives in Accra. The new executives who make up the 2020/2022 Council, will direct the affairs of the Institute for the next two years. The new executives comprise the President, Samuel M. Quartey, Vice President, Foster Osae-Akonnor, Honorable Secretary, Augustus Richardson, Honorable Assistant…
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GSS’ Multi-dimensional Poverty Index Report paints gloomy picture of poverty levels
The Multidimensional Poverty index (MPI) report launched by the Ghana Statistical Service with support from the United Nations Development Programme (UNDP), the German Agency for International Cooperation, and the Oxford Poverty and Human Development Initiative of Oxford University, has painted a rather gloomy picture of rural poverty in Ghana. According to the National Multidimensional Poverty…
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Post COVID-19: A green bank in the 2021 budget crucial – IES
The economic shock experienced by most economies caused by the novel Coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual opening up of economies currently…
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Fossil fuel industry in survival mode: IES Analysis
As things stand now, fossils are in survival mode, as the momentum on consumption seems waning. The coronavirus crisis accompanied by the global economic downturn appears to have accelerated things to the point where it is prohibitively expensive to consume fossil fuels. Fossil fuels including oil, natural gas, and coal may continue to be in…
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Supreme Court strikes out injunction application against acting Auditor-General
The Supreme Court has struck out an injunction application seeking to stop Johnson Akuamoah Asiedu from acting as Auditor-General. The seven-member panel on the case struck out the application after lawyers for the plaintiffs withdrew the case. The withdrawal of the injunction application followed a ruling that the acting Auditor-General and the substantive Auditor-General whose…
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Supreme Court throws out suit challenging GNPC CEO’s stay in office
The Supreme Court on Wednesday dismissed a suit challenging the continuous stay of the Chief Executive Officer of the Ghana National Petroleum Corporation, Dr. K.K Sarpong in office, over claims that he had reached retirement age. The court dismissed the suit after the applicant, a Deputy Youth Organizer of the opposition National Democratic Congress, Edem…