Author: Nerteley Nettey
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Three senior executives of defunct Venture Capital to cough up GHS18M
The High Court has convicted three Senior Executives of defunct Venture Capital to over GHS18 million in restitution to the State. This is based on an agreement which the three, Daniel Duku (1st Accused Person), Irene Anti-Mensah (3rd Accused Person) and Frank Aboagye (5th Accused), out of the six persons standing trial in the case…
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Capital injection needed to boost Airport infrastructure and pay off loans – GACL
The Managing Director of the Ghana Airports Company Limited, GACL, Yaw Kwakwa, has defended the company’s decision to partner a foreign firm in the management of the country’s Airports. According to him, the partnership is necessary to address a couple of operational challenges that ought to be resolved if Ghana is to become an Aviation…
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Dalex Finance supports St. Andrews Catholic Hospital in COVID-19 fight
Dalex Finance has donated medical supplies worth GHS 20,000 to the St. Andrews Catholic Hospital, at Kordiabe to help curb the spread of the novel coronavirus COVID-19 disease in the country. The items donated included boxes of hand sanitizers, packs of face masks and hand gloves, Veronica buckets, hand tissues, gallons of bleach and methylated…
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Kumasi Zoo to adopt virtual tourism as COVID-19 forces closure
The novel Coronavirus pandemic has taken a toll on various sectors of the global economy including tourism. As such, managers of the Kumasi Zoo are asking authorities in the sector to come up with some measures to sustain the industry. A visit by Citi Business News to the Kumasi Zoo showed that although management has…
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Postponement of AfCFTA implementation to next year a good decision – CUTS Int’l
The Country Director of CUTS International, Appiah Kusi Adomako, has lauded the decision to postpone the implementation of the Africa Continental Free Trade Area (AfCFTA) which was scheduled to take off this month. According to him, the postponement is necessary in the wake of the global health crisis and its attendant economic impact. The AfCFTA…
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AGI launches E-Commerce platform for MSMEs to facilitate trade locally and internationally
The Association of Ghana Industries, AGI, has launched an E-Commerce portal for Micro Small Medium Enterprises (MSMEs) in the Eastern, Volta and Oti Regions, to enhance trade among its members, the general public and the international community. This platform, according to leadership of the Association, was borne out of an initial idea to prepare members…
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Finance Ministry staff asked to work from home over COVID-19 fears
Workers of the Ministry of Finance have been asked to work from home temporarily. This follows an ongoing COVID-19 testing exercise for all staff of the Ministry. An internal memo to staff, signed by the Chief Director of the Ministry, Patrick Numo, stated that the test results will be made available to all staff once…
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GOIL partners GhIPSS to launch electronic payment system at fuel stations
Ghana Oil Company Limited, (GOIL) has partnered the Ghana Interbank Payment and Settlements System (GhIPSS), to provide an electronic payment option aimed at ensuring efficiency and security in financial transactions at fuel stations. The partnership will enable customers to purchase fuel and other products at GOIL service stations with the use of the GH-link cards…
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Vegetable Exporters Assoc. receives GHS 90,000 worth of seeds from GEPA
As part of its commitment to promoting non-traditional export, the Ghana Export Promotion Authority (GEPA), has presented GHS 90,000 worth of hybrid seeds to the Vegetable Producers and Exporters Association of Ghana, (VEPEAG). The package, which includes cans of high-grade quality hot pepper cayenne, hot pepper safi and okra seeds, is intended to boost the…
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Beatrice Annangfio writes: Ghana sleeping on renewable energy adoption
“All across the world we are noticing growth. Technology growth is the driving principles that are developing renewable energy resources. But Ghana seems to be missing in the puzzle. Renewable energy is a fright to policy makers” – Nana Amoasi VII, IES Executive Director. Across the world, access to energy is deemed as essential for…