Category: Government
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Govt blocks dumping of imported inferior cement in Ghana
Minister for Works and Housing Samuel Atta Kyea has bemoaned the dumping of inferior cement unto the local markets which he says possess serious hazard to the housing industry. The minister believes this is the cause of constant collapse of buildings in the country. He made these remarks at the CIMAF customer Awards dinner held…
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Your investments are safe—Gold Coast Holdings assures customers
Gold Coast Holdings has assured its customers and the general public that their investments are safe and secured. According to the company, it is making good progress in transforming the Structured Finance product that thousands have benefited from to become an even more beneficial one. The assurance comes after some customers of the company formed…
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Article: Ghana’s pathway to the future: jobs and opportunities for the people
The Ghana government’s new Coordinated Program strives to create opportunities for all Ghanaians; safeguard the natural environment and ensure that it is resilient; deepen governance to fight corruption and enhance public accountability to maintain a stable, unified, and peaceful Ghana; and create a competitive business environment to build a strong and resilient economy. Ghana has…
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Ghana to maintain cocoa production target despite oversupply on world market
The Ghana Cocoa Board (COCOBOD) says it will continue to put in place measures to boost the production level of Cocoa even though there’s a risk of contributing to the oversupply of the commodity on the world market. According to the CEO of COCOBOD, Joseph Boahen Aidoo, other countries like Ecuador, Ivory Coast and Nigeria will continue…
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Customers of Gold Coast Fund Management petition presidency over locked up funds
Some aggrieved customers of investment company, Gold Coast Fund Management are threatening to demonstrate on January 7, 2019 to demand payment of their funds. The customers, yesterday petitioned the Securities and Exchange Commission, the Bank of Ghana and the Presidency over their locked up funds. The group, the Concerned Gold Coast Fund Management Customers, is…
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Insolvency law to be passed next year–Govt
A Deputy Minister of Trade and Industry, Robert Ahomnka-Lindsay has assured that the corporate insolvency bill will be passed within the first quarter of next year. The assurance follows the completion of the necessary parliamentary procedures surrounding the bill. The bill when passed seeks to improve the quality of the legal regime for corporate bodies…
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Cargill to invest more in Ghanaian cocoa farmers as it marks 10th anniversary
Cargill’s cocoa and chocolate business has held its 10th anniversary in Ghana by announcing plans for future investment and farmer support. Commenting during the anniversary celebration event at Cargill’s cocoa processing facility in Tema, Ghana managing director Pieter Reichert said, “Our 2022 roadmap is fully aligned with our global sustainability goals and consolidates our continuing…
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GAWU, ICU petition President over COCOBOD issues
The General Agricultural Workers’ Union (GAWU) and the Industrial and Commercial Workers’ Union (ICU) have expressed their displeasure over what they say are unwarranted remarks by the Board Chair of the Ghana COCOBOD. The labour unions say the development is inimical to the operations of the cocoa sector as it could block future investments. Mr.…
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Ghana’s economy grows by 7.4% in third quarter
Ghana recorded a 7.4 percent economic growth rate ending September 2018. This is according to the third quarter estimates released by the Ghana Statistical Service. The figure represents a decrease compared to the 8.7 percent recorded for the same period last year [2017]. For the third quarter of this year which spans July to September,…
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Producer Price Inflation drops to 6.5% in November
The Producer Price Inflation for November this year, reduced to 6.5 percent. The drop represents a 0.7 percentage point decrease relative to the 7.2 percent recorded in October. The Producer Price Inflation measures the average change over time in prices for the production of goods and services. The Acting Government Statistician, Baah Wadieh attributed the…