Author: Nii Larte Lartey
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Winners of Republic Bank ‘Tap For Easter And Beyond’ promo receive prizes
Three lucky winners in the Republic Bank ‘Tap for Easter and Beyond’ Credit Card Promotion were presented with their prizes at a brief ceremony held at the Bank’s head office, Ebankese, in Accra. The first prize, a two-day staycation for two at the Aqua Safari Resort was won by Pharmacy Direct, the second prize, dinner…
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GNPC CEO scoops top African industry leadership award in Oil & Gas
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, has been adjudged the winner of the coveted Oil and Gas Industry Leadership Award for the year 2023 at the just ended 4th edition of the Africa Public Sector Conference and Awards (APSCA 2023). The award ceremony was held on Friday…
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GAWU criticises phase two of govt’s Planting for Food & Jobs
The General Agriculture Workers Union (GAWU) has criticized government’s second phase of the Planting for Food and Jobs (PFJ) programme which seeks to provide jobs to more than 1.2 million farmers. This follows the launch of the second phase of the programme on Monday which also announced an annual average of 210,000 new farm-related jobs…
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Verna water outdoors new brand ambassadors
In a remarkable stride towards a refreshing transformation, Twellium Industrial Company Ltd introduces the new and captivating face of VERNA Minera Water. Twellium Industries has been a trailblazer in the beverage industry, consistently delivering quality products that resonate with health-conscious consumers. The recent revamping of VERNA Mineral water brand, accompanied by a heartfelt new logo, unveils a…
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Sprite moves to clear pet plastic packaging in Ghana
Sprite is moving away from its iconic green packaging to fresh, new clear PET plastic bottles, including an update of the full portfolio’s packaging design. Now everyone can enjoy the same great taste of their favourite sparkling lemon-lime drink knowing their bottle can be easily recycled and made into new bottles. The transition from green…
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Republic Bank and Petra Trust sign MoU to provide pension-backed mortgages to Ghanaians
Republic Bank (Ghana) PLC, one of the leading Universal Banks and a pioneer in the mortgage business in Ghana has signed a Memorandum of Understanding (MoU) with Petra Trust Limited Company, a corporate trustee, authorized by the National Pensions Regulatory Authority (NPRA) to manage pension schemes in Ghana. The MoU is a collaboration to provide…
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Upholding financial stability of Ghana’s energy sector: Why IPPs cannot accept debt haircut amid government’s economic challenges
The energy landscape is undergoing rapid transformation, driven by the growing role of the Independent Power Producers (IPPs) in meeting global electricity demands. In the intricate landscape of deregulated electricity markets, the role of Independent Power Producers (IPPs) is pivotal in driving electricity generation and supply. Recent debt haircut proposals by Government of Ghana (GoG),…
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ECG settles June, July payments to IPPs
Citi Business News has gathered that the Electricity Company of Ghana (ECG) has settled debts to all Independent Power Producers (IPPs) for the months of June and July after earlier concerns expressed by the power generation companies. Sources close to Citi Business News confirm that all the IPPs have received a second payment for current…
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Managing Director of Republic Bank pays courtesy call on Asantehene
The Managing Director of Republic Bank (Ghana) PLC, Mr. Benjamin Dzoboku, paid a courtesy call on Otumfuor Osei Tutu II, the Asantehene at his Manhyia Palace on Friday, 18th August 2023. The visit was in appreciation of Otumfuor’s presence at a luncheon in his honor hosted by Republic Financial Holdings Limited (RFHL), the parent company…
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Govt settles first coupon for bonds affected by DDEP
The government of Ghana, through the Ministry of Finance, has begun the process of settling the first coupon payment of bonds affected by the domestic debt exchange program (DDEP). According to the Ministry, the matured coupons amount to GHC 2.4 billion, and instructions have already been sent for settlement. The DDEP was launched in 2022…