Category: News
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Five companies to start Cylinder Recirculation Model–NPA
The National Petroleum Authority (NPA) has licensed five LPG marketing Companies to undertake the Cylinder Recirculation Model. The policy is expected to be rolled out before the end of the year. The marketing companies under the Cylinder Recirculation Model will be responsible for the distribution of already filled LPG Cylinders to consumers. They will also…
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‘Go Lite with Zenith Bank’ launched to promote cashlite system
The Managing Director and CEO of Zenith Bank Henry Oroh has reiterated the bank’s commitment to supporting the Bank of Ghana(BoG) to promote a cash-lite economy in Ghana. According to him, a lot of progress has been made in the promotion of a cashless economy, but more needs to be done. Available data from the…
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Ethiopian Airlines flight to Nairobi crashes; deaths reported
An Ethiopian Airlines flight between Addis Ababa and Kenya’s capital, Nairobi, has crashed, the Ethiopian prime minister’s office said on Sunday. “The Office of the PM, on behalf of the Government and people of Ethiopia, would like to express its deepest condolences to the families of those that have lost their loved ones on Ethiopian…
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IFC,GSE ‘ring the bell for gender equality’
IFC, a member of the World Bank Group, is partnering with the Ghana Stock Exchange and over 70 other stock exchanges around the world to “Ring the Bell for Gender Equality”—an initiative linked with International Women’s Day that promotes increased women’s participation in the global economy to catalyze sustainable and inclusive private sector growth. Accelerating…
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Fuel prices increase; crosses 5 cedis mark
Prices of Petrol and Diesel have gone up beyond 5 cedis at some fuel stations in the country. Checks at two of the major Oil Marketing Companies, Total and Shell showed a 24 pesewas increase of the prices of both Diesel and Petrol. Both are now selling at GHc5.18 GOIL on the other hand is…
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Seven groups demonstrate against luxury vehicle tax
Seven Associations including the Vehicle and Asset Dealers Association on Thursday embarked on a demonstration to protest the luxury vehicle levy. Members of the associations presented a petition to the Ministry of Finance. The levy was introduced during the 2018 midyear budget review, and it affects vehicles with engine capacity above 3.0 litres. The yearly…
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We’ve not abandoned Ayensu starch factory – Management
The Management of Tiberias Ghana Limited, majority shareholders of the Ayensu Starch factory has rejected claims that it has abandoned the facility. The company in a statement said it has gone to great lengths to ensure that the plant is running after it took over the factory in 2016. “So far, Tiberias has invested over…
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No more deputies; Finance Minister ordered to appear in Parliament
The Speaker of Parliament, Prof. Mike Oquaye has directed the Finance Minister, Ken Ofori-Atta to be in Parliament himself to answer questions filed by Members of the House. Prof. Mike Oquaye’s ruling follows the Minority’s insistence that the Minister and not his deputies be present to answer questions which mainly concern mobile money transactions and…
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BOND Savings and Loans joins in ‘Wear Ghana Month’
BOND Savings and Loans Plc joined in the Wear Ghana Month, where staff of the company across all outlets in Accra, Tema and Kumasi showcased their fashion flare in Ghanaian traditional clothes. The National Commission for Culture declared March, as the month for wearing Ghanaian Made Products. The move is to promote locally manufactured products…
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Protect public purse during procurement exercises—Joseph Adda
Ghana’s Aviation Minister Joseph Kofi Adda has called on heads of agencies across the country to take the needed steps to protect the public purse as far as public procurement is concerned. The Minister made the remarks while giving his keynote address at the sod-cutting ceremony for the construction of the Ghana Civil Aviation Authority’s…