Category: Top Stories
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Goldridge and GNASSM sign agreement to boost value addition for gold locally
Goldridge Ghana Limited (GGL), one of Ghana’s leading exporters of precious minerals, has officially signed an agreement to do business with the Ghana National Association of Small Scale Miners (GNASSM). The collaboration to focus on local value-addition of gold is expected to maximise Ghana’s stake in the gold business, create decent employment opportunities for the…
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Exporters to begin enjoying benefits of Ghana-UK trade deal from today – Prof. Kuruk
Ghanaian exporters to the United Kingdom can from today March 5, 2021, begin enjoying the benefits inherent in the newly signed trade agreement between the two countries, even as Ghana’s Parliament works to ratify the agreement. The new deal which has been approved by the executive will provide duty free-quota free access for Ghanaian exports…
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Institute policies to deal with unutilized gas – IES to government
The Institute for Energy Security (IES) has asked government to rescind its decision to build a Liquified Natural Gas (LNG) facility in the country. According to IES, such a facility is not needed at this moment as it will only contribute to the excess gas supply and come at a cost to the country. They…
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British Airways reconsiders route change from Gatwick to Heathrow
British Airways has reconsidered its decision to operate its Ghana Services from the Gatwick Airport for passengers travelling on the Accra – London route. This means, services will operate from the flagship airport for London at Heathrow. Also, passengers on the Accra – London route will land at their original destination, that is, Heathrow Airport…
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Interim Trade Partnership Agreement signed between Ghana and UK
After years of negotiations, a new Interim Trade Partnership Agreement between the Republic of Ghana and the United Kingdom of Great Britain and Northern Ireland has been signed. The new Agreement replaces the Interim Ghana – European Union Economic Partnership Agreement which governed trade relations between Ghana and the UK until the Interim EPA Agreement…
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Okonjo-Iweala’s WTO appointment a win for AfCFTA – GUTA
The Ghana Union of Traders Associations, GUTA, says the appointment of Ngozi Okonjo-Iweala as the new chief of the World Trade Organisation is a big win for the African Continental Free Trade Area (AcCFTA) Agreement. The former Finance and Foreign Minister of Nigeria was confirmed for the top job in February this year. President of…
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GRIDCo allays fears of ‘dumsor’ following recent blackouts
The Ghana Grid Company Limited, GRIDCo, says the country has not returned to the days of severe erratic power cuts otherwise known as ‘dumsor’. This comes after several parts of the country have been plunged into darkness several times in the last few weeks. But GRIDCo in attempts to take away the fears of citizens…
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Closure of WAPCo’s emergency valve to blame for Wednesday’s power cut – GRIDCo
The Ghana Grid Company Limited (GRIDCo) says the closure of an emergency valve at the West Africa Gas Pipeline Company (WAPCo) is to blame for power cuts in parts of Ghana on Wednesday, March 3, 2021. According to the company, the action ended up curtailing “gas supply to some generating plants in the country”. “To…
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Registrar General awaits court order to continue paying clients of defunct FMCs
The Registrar General, Jemima Oware, has disclosed that she is awaiting more winding down orders from the court assigned to handling the liquidation cases for fund management, before making more payment to customers whose funds have been locked-up in the various defunct fund management companies. Giving updates on the payment process, Mrs. Oware, in an…
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BoG issues directive on dormant and unclaimed accounts
The Bank of Ghana has issued a directive on unclaimed balances & dormant accounts for banks and specialized deposit-taking institutions. The directive seeks to ensure that balances in accounts that have been left unattended to for over a period of time are managed under a special account. The account is referred to as the dormant…