Category: Manufacturing
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Minister gives steel firms in Tema 1-week to deal with environmental pollution
The Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng, has given a one week ultimatum to some steel manufacturing companies within the Tema Free Zones enclave to come out with a road-map on how they intend to deal with environmental pollution in their areas of operation. The Minister’s warning comes in the wake…
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Ghana’s economy will recover quickly after COVID-19 pandemic – Bawumia
The Vice President, Dr. Mahamudu Bawumia, says Ghana will work to become more self-reliant after the COVID-19 pandemic. He says the Ghana Beyond Aid agenda which encapsulates policies such as the Planting for Food and Jobs, will enable Ghana recover much more quickly from the devastating effects of the pandemic. The Ghana Beyond Aid is…
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Supreme Court dismisses application challenging the merger of Dannex, Ayrton and Starwin
The Supreme Court has unanimously dismissed an application to quash an order of the High Court, which confirmed the merger of Dannex Limited, Ayrton Drug Manufacturing Limited and Starwin Products Limited. In November 2019, the High Court in Accra granted an Order confirming the merger of Dannex Limited, Ayrton Drug Manufacturing Limited and Starwin Products…
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Local companies make progress in PPE production for COVID-19 fight
Some local companies that have received financial support from government are making progress with the mass production of Personal Protective Equipment (PPE) to strengthen government’s fight against the spread of COVID-19. Four companies, namely Dignity Apparel, Cadling Fashion, Alfie Design and Sleek Garment Export Limited have all received a total of 10 million dollars as…
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Lifestyle and fashion businesses lament low sales amid COVID-19
Local producers in the lifestyle and fashion industry say they have recorded low sales since Ghana recorded its first COVID-19 case in March. Most producers in the fashion business say they started seeing a dip in online sales and direct shop purchases because most of their products don’t fall under essential items needed around this…
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50% of American businesses in Ghana severely hit by COVID-19 fight
Despite the negative impact of COVID-19 on businesses in Ghana, the American Chamber of Commerce-Ghana(AmCham), has urged its members to continue providing financial, logistical and technological support to the government to help fight the pandemic. A survey conducted by the Chamber in March shows that 50 percent of American businesses operating in Ghana have been…
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AGI urges companies to provide relevant identification for workers during lockdown
The Association of Ghana Industries (AGI), has advised companies that are yet to provide proper identification for their employees within the two-week partial lockdown to do so without delay. The AGI says this is necessary to enable essential service providers move about without impediment. The partial lockdown on Accra, Tema, Kasoa and Kumasi enters day…
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GREDA appeals to banks to renegotiate interest on loans due to impact of COVID-19
The Ghana Real Estate Developers Association, GREDA, is appealing to government to impress on banks to renegotiate loan agreements with its members due to the economic impact of the COVID-19 pandemic. According to the Association, government’s measures aimed at containing the spread of the disease, has negatively affected the construction industry due to the high…
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Vlisco Ghana launches 2nd edition of mentoring programme for young women
Vlisco Ghana has unveiled the 2020 edition of its women’s mentoring programme in Accra as part of its Women’s Month under the pan-African campaign theme ‘All Women, All United.’ Speaking to citibusinessnews.com, the Marketing Director of Vlisco Ghana, Rev. Stephen Kofi Badu, said the programme which commenced in 2019 seeks to empower Ghana’s most inspiring…
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GHC1.7 billion disbursed to 172 companies under 1D1F – Trade Minister
The Minister for Trade and Industry, Alan Kyerematen, says the Ministry in collaboration with some selected financial institutions has provided 1.7 billion cedis as financial support to 172 companies under the One District One Factory initiative since 2017. The private-public initiative is a government policy that seeks to facilitate the construction of a factory each…