Category: Local Economy
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Ghana needs a ‘national branding’ strategy to fully enjoy AfCFTA benefits – Fatima Alimohamed
Chairperson of the Agribusiness Sector at the Association of Ghana Industries (AGI), and CEO of Africa Brand Warrior, Fatima Alimohamed, says getting a “national branding” strategy remains one of the major hurdles Ghana needs to cross if the country can obtain maximum benefit from the Africa Continental Free Trade Area (AfCFTA). She is of the…
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COCOBOD signs agreement with Swiss Chocolate giant to process more Ghanaian cocoa
Ghana Cocoa Board (COCOBOD) has signed an agreement with Bühler of Switzerland, one of the world’s biggest cocoa processing and chocolate making companies, to process more of Ghana’s cocoa. As part of the agreement, Ghana will also benefit through training, product development and technology guidance to build its local capacity in cocoa processing and value…
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#CitiBusinessFestival: Virtual forum on AfCFTA comes off today
The fourth edition of the 2021 Citi Business Festival’s virtual fora comes off today, June 22, 2021. The panellists will delve deeper into the conversation on Trade, Export and the African Continental Free Trade Area (AfCFTA). The forum, scheduled to be held from 11:00 am to 1:00 pm, will be hosted by Citi News’ Vivian Kai…
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Stakeholders advocate for strong corporate governance, others for DBG to succeed
The institution of strong corporate governance structures has been highlighted as one of the many critical things that need to be in place to ensure the success and longevity of the yet to be launched Development Bank Ghana (DBG). The remarks were shared as part of a virtual forum organized by Impact Investing Ghana in…
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Bank of Ghana launches domestic gold purchasing programme to boost reserves
In its quest to shore up its reserves, the Bank of Ghana will in the coming days start purchasing gold from the local markets. This is according to the Governor of the Bank of Ghana, Dr. Ernest Addison. Speaking at an event to launch the Bank of Ghana’s Domestic Gold Purchase Programme, Dr. Addison explained…
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Stakeholders call for review of free zones policy to protect Ghana’s interest
Public Service International, a labour group, says amidst efforts to revive the economy due to the impact of the COVID-19 pandemic, the government must review the country’s Free Zones policy. According to the group, the policy in its current state has failed over the years to achieve its main objectives. Daniel Oberko, Tax and Trade…
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Incoming TOR MD must be given clear KPIs to ensure success – COPEC
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has charged the Ministry of Energy to outline Key Performance Indicators for the next Managing Director to be appointed to steer the affairs of the struggling Tema Oil Refinery (TOR). The Minister Dr. Mathew Opoku Prempeh on Tuesday, June 15, 2021, inaugurated a…
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British Airways rescinds decision to move Accra flights to Gatwick airport
British Airways services between London and Accra will continue to operate from the London Heathrow Airport from the IATA Winter 2021 Season. According to Public Relations Officer for the Ghana Civil Aviation Authority (GCAA), Eric Mireku Amaning, this means passengers on the Accra – London route will land at their original destination, that is, Heathrow…
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TOR: 3-member interim management committee sworn in after firing of MD and deputy
The Minister for Energy, Dr. Matthew Opoku Prempeh, has sworn into office a 3-member Interim Management Committee (IMC) to oversee the affairs of the Tema Oil Refinery as part of efforts to restructure and revamp the refinery. The Chairman of the 3-member IMC is Mr. Nobert Cormla-Djamposu Anku. The other members are Mr. William Ntim…
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Private sector, policymakers must dialogue on growth of local agriproducts – Kwasi Korboe
The Managing Director of Ghana Incentive-based Risk-sharing System for Agricultural Lending (GIRSAL), Kwasi Korboe, has called for greater collaboration and engagement between the private sector and policymakers in a bid to improve the production and processing of agriproducts in the country. Speaking on the third edition of the virtual forum of the 2021 Citi Business…