Category: Top Stories
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GOIL to lose GH¢9M monthly over fuel price reduction, it’s not sustainable – COPEC
The Chamber of Petroleum Consumers (COPEC) is worried that the directive to GOIL to reduce fuel prices could cost it GH¢9 million every month, insisting that is not a sustainable solution. Speaking on Eyewitness News, the Executive Secretary of COPEC, Duncan Amoah, said the directive was “very problematic” because of the possible effects on GOIL.…
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GCAA reiterates commitment to improve sector amidst COVID-19 pandemic
The Ghana Civil Aviation Authority has reiterated its commitment to execute its mandate of licensing air transport operations and providing air navigation services within the Accra Flight Information Region. The Authority said this at a brief ceremony to mark the International Civil Aviation Day held at the Ghana Civil Aviation Training Academy o Tuesday, December…
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66% of businesses want reduction of taxes to stabilize operations – IEA survey
The majority of businesses in the Greater Accra Region believe they need critical interventions from the government to improve the business environment in the coming months. According to the Institute of Economic Affairs 2021 Business Confidence Survey, 66 percent of businesses in Accra expect the government to reduce taxes and charges to bring stability to…
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Akufo-Addo announces government’s plans to address fertilizer shortage
President Nana Akufo-Addo has reiterated the government’s pledge in dealing with the problem of fertilizer shortage in the country. Speaking at the 37th Farmers’ Day celebration which crowned Alhaji Mashid Mohammed as the 2021 National Best Farmer, the President disclosed that the government, among other things, is collaborating with a Moroccan company to make fertilizers…
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South African president calls for increased trade with Ghana
The Presidents of Ghana and South Africa have called for increased trade between the two countries as the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end. The remarks were made by the two heads of state at the Ghana – South Africa Business Forum in Accra…
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MTN to sue road contractors for fibre cuts
Management of Mobile Telecommunications Network (MTN) has hinted of legal suits against private developers and road contractors who persistently cause damage to their fibre optic cables. This, according to the company, has become necessary after several engagements with the Association of Road Contractors, the Ghana High Authority, the Urban Roads Department and others to find…
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Road contractors to pay for destroyed fibre optic cables – Min. of Communications
The Ministry of Communications has warned that road contractors that destroy telecommunication infrastructure in their line of work will be made to face the full rigours of the law. MTN last month, for example, indicated that it had so far recorded 1,684 fibre optic cuts in 2021, higher than the 1,605 fibre optic cable cuts…
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Ghana on course to becoming aviation hub – Ex-GACL boss
A former Managing Director of the Ghana Airport Company Limited, Charles Asare says Ghana is on course to becoming a preferred aviation hub and a leader in air-travel business in West Africa with the commencement of commercial flights to Ho and Wa airports from Accra. Mr Asare noted that “by developing a world-class terminal (terminal…
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Moves to connect GhIPSS to Pan-African Payment System ongoing – Archie Hesse
The Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Archie Hesse, says they are working around the clock to ensure intra-African payments from and to Ghana are smooth once the Pan-African Payment and Settlement System (PAPSS) becomes fully operational. The operational roll-out of the revolutionary continent-wide payment facilitation platform in local…
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Volta Fair: Exhibitors and Patrons satisfied with event
Some exhibitors and patrons who participated in the 2021 Volta Trade and Investment Fair have expressed satisfaction with the expo which ended on Sunday, November 28. They disclosed to the media, in separate interviews at the event, that the fair had met most of their expectations met. Mr Pascal Kwadzovi, Assistant Commercial Manager of Diamond…