Category: Top Stories
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Agyapa deal failed because Ghanaians did not trust government – Manteaw
Extractive sector policy researcher and analyst, Dr. Steve Manteaw, has blamed the failure of the Agyapa Gold Royalties deal on the public’s belief in the notion that they were misled by the government. Speaking at a forum on the theme “Extractive Sector Governance: Examining Political economy factors for promoting transparency, participation and accountability” organized by…
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Ghana achieved 6% of its $46 million processed foods export potential in Burkinabe market- Konfidant
Burkina Faso has been identified by research firm, Konfidant, as a top export market destination with the highest potential for Ghana’s processed foods and animal feed. In its report, Ghana’s Competitive Potential in the AfCFTA: A Country Competitiveness and Opportunity Assessment, the firm noted that Ghana has an estimated processed foods potential of over $46…
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Ghana-Burkina Faso interconnectivity railway line key to iron ore mining – Amewu
Railways Development Minister, John Peter Amewu says the Ghana-Burkina Faso interconnectivity railway line project will be instrumental in the mining of iron ore in the Northern Region. More than 1.7 billion tonnes of iron ore were discovered in an exploration exercise at Sheini in the Tatale/Sanguli District of the Northern Region. According to the sector…
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Unresolved power crisis will set Ghana’s economy back by 3 to 5 years – Economist
Economist Dr. Adu Owusu Sarkodie says it will take Ghana 3 to 5 years to recover if authorities allow recent power outages to worsen amid the COVID-19 pandemic. Provisional figures released by the Ghana Statistical Service show that the impact of COVID-19 on the Ghanaian economy was worse than anticipated, as the economy grew by…
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Stakeholders in digital space call for setting up of data centre infrastructure
Stakeholders in Ghana’s digital space are asking for a data centre in Ghana to keep proper records of the country’s critical information for current and future use. “There has to be ownership of data because that’s the crown jewel of the digital economy,” said the CEO of BlueSpace Africa, Samuel Amanor, during a digital forum…
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Africa World Airlines to announce schedule for Ho commercial flights in June
Africa World Airlines (AWA) says it will, by June this year, announce a schedule for the commencement of commercial flights to Ho in the Volta Region. The company expects to complete the necessary operationalization processes before the proposed date. This announcement follows its successful demonstration flight to the Ho airport last Thursday. “The process of…
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Cap taxes on fuel to prevent introduction of new levies – COPEC to Parliament
The Chamber of Petroleum Consumers (COPEC), is calling on Parliament to pass a legislation that will ensure that the quantum of taxes placed on petroleum products doesn’t exceed a certain threshold. The comments follow notice of the implementation of the new tax policies introduced in the 2021 budget statement from 1st May, which according to…
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Eli Hini appointed first CEO of Mobile Money Limited
Mobile Money Limited (MML), a wholly owned subsidiary of Scancom PLC has announced the appointment of Eli Hini as its first Chief Executive Officer. The appointment was made by the MML Board early this month indicating Eli’s responsibility to drive strategy, business development, innovation and relevant operations for MTN’s Mobile Money business. Prior to Eli’s…
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National Tripartite Committee begins processes to set new minimum wage
The National Tripartite Committee has set up a technical committee to look into modalities to determine the 2021 National Minimum Wage. The team has two weeks to submit its report to the Tripartite Committee for further discussions and conclusion on the minimum wage. Discussions on the minimum wage could not take place in 2020 because…
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AfCFTA: Local businesses must expand or risk collapse – AGI
The Association of Ghana Industries (AGI) says with the commencement of the African Continental Free Trade Area Agreement (AfCFTA), Ghanaian businesses risk losing their market if they do not expand. The association is therefore calling on indigenous businesses to put plans in place to make them very competitive. According to the CEO of AGI, Seth…