Category: Business
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Parliament approves financing agreement for establishment of National Development Bank
Parliament has approved the financing agreement between the Government of Ghana and the International Development Association (IDA) of the World Bank for an amount of $250 million for the establishment of a National Development Bank. The World Bank Board of Executive Directors had earlier on October 29, 2020, approved the US$250 million facility to support…
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Bolt expands category with launch of ‘Bolt Comfort’
Bolt, a leader in the ride-hailing industry in Africa, has raised the bar in the market with the launch of ‘Bolt Comfort’ service category explicitly designed for riders seeking more relaxation and ease. Selection of drivers into the ‘Bolt Comfort’ category is based on the three criteria of good ratings, are in possession of a…
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Kofi Adomakoh appointed as MD for GCB
The Board of GCB Bank Limited has announced the appointment of John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective November 9, 2020. Mr. Adomakoh, an astute banker, replaces Anselm Ray Sowah, who ended his tenure of office as the MD of GCB Bank in September this year after more than…
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Improve quality of products, service to remain competitive – COPEC to OMCs
The Chamber of Petroleum Consumers (COPEC) has charged Oil Marketing Companies (OMCs) across the country to make improved investments into training their frontline staff as well as provide high-quality products on a consistent basis in order to remain competitive. The remarks follow the completion of the second Consumer Satisfaction Survey for the month of October…
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National Export Development Strategy to support women, youth in export
The Ministry of Trade and Industry has announced plans to increase the participation of women and young people in the value chain of non-traditional exports (NTEs) under the newly-launched National Export Development Strategy (NEDS), an initiative being championed by the Ghana Export Promotion Authority (GEPA). The NEDS’ strategy on gender, youth and disability, is intended…
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DecorVibes Events named Ghana’s Best Event Rising Star at G.E.I.C 2020 Gala & Awards night
DecorVibes (GH) Events has been adjudged Ghana’s Best Event Rising Star Company of the Year at the 2nd Edition of the Events Industry Conference (G.E.I.C) Gala and Awards Night in Accra. The award is in recognition of the company’s dedication to building the event industry, as well as being a highly promising events company that…
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WhiteChalk wins Ghana’s Best Event Planner at 2020 Gala & Awards Night
The team lead at WhiteChalk, Bryan T. Menson, has been named the Event Planner of the year 2020 at the 2nd Edition of the Events Industry Conference (G.E.I.C) Gala and Awards night in Accra. The prestigious award is in recognition of his dedication to building the event industry, as well as being a highly respected…
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We’ve created vibrant agric sector; Ghana now net exporter of foodstuffs – Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says his tenure of office, over the last three years and ten months, has seen to the creation of a vibrant agricultural sector in Ghana, with the country, during the period, transformed into a net exporter of foodstuffs. Speaking at the 36th Farmers’ Day celebration, which was held on…
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Don’t assent to ‘obnoxious’ Plant Variety Protection Bill – Group to Akufo-Addo
The Food Sovereignty Platform (FSP) is calling on President Nana Akufo-Addo not to assent to the Plant Variety Protection Bill passed by Parliament. According to the group, the recently approved Bill, which is under the International Union for the protection of new varieties of plants (UPOV) is inimical to smallholder farmers and undermines farmers’ right.…
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Farmer groups unhappy with passage of Plant Variety Protection Bill
Some farmer groups have kicked against the Plant Variety Protection Bill, which was passed by Parliament on Wednesday, 4th November 2020. They include the Peasant Farmers Association, General Agricultural Workers Union (GAWU), Food Sovereignty Ghana (FSG), Vegetarians Association of Ghana (VAG), and the Rastafarian Council of Ghana. The farmer groups say the Bill, which was…