Category: Business
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15 CSOs demand immediate suspension of Agyapa Royalties deal
15 Civil Society Organizations (CSOs) under the umbrella name Alliance of CSOs working on Extractive, Anti-Corruption and Good Governance are demanding the immediate suspension of the implementation of the controversial Special Purpose Vehicle, Agyapa Royalties Limited established by government though the Minerals Income Investment Fund. The CSOs say until there is full disclosure on the…
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N/R: Smallholder farmers raise concerns over imminent food shortage
Most smallholder farmers in the Northern Region have reduced the size of the land they usually cultivate due to a lack of capital, raising concerns of looming food shortage. According to the farmers, the outbreak of COVID-19 affected the sale of their produce as demand for foodstuff fell following the three weeks lockdown in Accra…
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Group rolls out initiative to aid creation of viable cocoa value chain in Ghana
The Ghana Agricultural and Rural Development Journalists Association (GARDJA) has rolled out a new cocoa advocacy initiative aimed at helping to create a sustainable cocoa value chain in Ghana. According to the association, the initiative is in collaboration with various cocoa farmer-based organisations and other stakeholders and will draw attention to pertinent issues militating against…
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Ten benefits from NPP’s 2020 manifesto businesses are likely to enjoy
Creating and maintaining a business climate that stimulates inclusive and sustainable industrial development must be at the core of any government’s effort to spur the growth of vibrant and competitive industrial sectors. As part of efforts to improve the business environment in Ghana, the New Patriotic Party (NPP) government has embarked on a coordinated national…
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Cashew farmers in Bono Region lament Coronavirus-induced drop in sales
The outbreak of COVID-19 in Ghana has affected the local cashew Industry in the Jaman North Municipality of the Bono Region forcing some out of production. According to cashew farmers, their customers who are mostly outside the region have ceased buying their produce because of the outbreak of the pandemic. One of such is the…
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Deloitte partners African Assoc. of Automotive Manufacturers to host 1st Africa Automotive Forum
As part of a long-term goal to unearth the potential of Africa in the automotive industry to become a powerhouse, Deloitte, a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services, has partnered the African Association of Automotive Manufacturers, to host the first Africa Automotive Forum via a…
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COVID-19: Guinness Ghana partners GHS to sensitize open bars on safety protocols
As part of efforts to ensure the safety of its customers and the general public following the re-opening of open-air bars and some tourist sites in the country, Guinness Ghana has initiated a partnership with the Health Promotions Directorate of the Ghana Health Service to support the businesses to re-open safely. The Executives of Guinness…
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Save TOR from collapsing – COPEC urges government
The Chamber of Petroleum Consumers (COPEC) is calling on government to invest in the Tema Oil Refinery (TOR) to prevent it from collapsing. According to COPEC, per its investigations the situation at the refinery is dire and maintaining its day to day operations is a challenge. Speaking to Citi Business News, Executive Secretary of COPEC,…
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Cedi may not depreciate significantly for the rest of 2020 – Economist
An economic analyst with Databank, Courage Kwesi Boti has said he does not expect the cedi to depreciate significantly against major trading currencies at least for the remainder of the year. The local currency witnessed a 2.53 percent depreciation against the dollar from January to July 2020. A look at the performance of the local…
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Ban bank staff guilty of fraud from practising – Dr. Atuahene
A corporate governance and banking consultant, Dr. Richmond Atuahene says employees in the banking sector who are found culpable of fraudulent activities should be banned from practising in the sector. This comes days after reports emerged that the Bank of Ghana is currently in consultation with stakeholders to fine-tune a new code of conduct to…