Tag: Ghana Business News
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Biz Devt Minister assesses businesses; promises low interest rates
The Ministry of Business development has begun an assessment of the various businesses to shape its policy of creating twenty big companies at least within the next four years. The plan is among others expected to make Ghanaian companies competitive, expand and create employment for the teeming unemployed youth. “We are looking at all the…
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Shirley Frimpong is female business personality for 2017
Women driving businesses and leveraging successes are increasing appreciably. The women are brazing all odds and targeting higher levels in academia and business growth. One of such is accountant and General Manager for Frimps Oil, Shirley Frimpong. She has emerged as the overall female finance personality for 2017. Shirley Frimpong beat off competition from over…
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EU supports Ghana’s industrial growth plans
The European Union has pledged its commitment to support government’s plan of developing Ghana’s industrial base to foster economic growth. According to the EU, the various policies outlined by the government ties in with the union’s target of providing employment for the majority of persons living in the respective countries of operation. The EU’s commitment…
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Gov’t to create industrial estates across Ghana
Government will build industrial estates to drive the economic agenda of creating jobs and diversify the economy, Trade and Industry Minister Alan Kyerematen has revealed. The industrial estates are expected to be created across all ten regions in the country. According to Mr. Kyerematen, the estates will be necessary for the government to devolve its…
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GRA Leadership: Blankson out, Nti in
Banker and Economist, Mr. Emmanuel Kofi Nti has been appointed as the new Commissioner General of the Ghana Revenue Authority (GRA). He takes over from George Blankson. Mr. Emmanuel Kofi Nti who started his career as an Economist with the Bank of Ghana where he worked in the Development Finance, Rural Banking, Banking Supervision and…
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The performance of the GSE vs T-Bills- Article
The performance of an efficient stock exchange depicts the performance of an economy. Whilst the performance of the stock exchanges in Asia, Europe and the USA is of great concern to their respective authorities and economic managers, the same cannot be said about Ghana. The Ghana Stock Exchange(GSE) has however enjoyed some successes over the…
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CEO of Ghana Gas quits
Dr. George Sipa-Adjah Yankey, CEO of the Ghana National Gas Company (Ghana Gas), is set to proceed on terminal leave, a press release has stated. According to the statement, “the Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May…
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Gold output up by 2.3% in 3rd quarter of 2016- Minerals Commission
Contrary to reports that gold output fell by 7 percent by the third quarter of 2016, the Minerals Commission has disclosed that gold output rather went up by over 2 percent in the same period. Earlier reports suggested that the production of gold went down by 7 percent to 1.9 million ounces by the third…
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New govt must follow roadmap to settle VRA debt- GNPC CEO
The Chief Executive Officer of the Ghana National Petroleum Corporation(GNPC), Alex Mould has charged the new government to ensure that money owed by the Volta River Authority (VRA) is retrieved as soon as possible. “Government of Ghana has to do what they have to do. They have to ensure that SOE,ECG and the power sector…
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COCOBOD moved to Agric Ministry ?
It appears the Nana Akufo-Addo government may move the Ghana Cocoa Board (COCOBOD) from the supervision of the Ministry of Finance to the Ministry of Agriculture. Shortly after Dr. Owusu Afriyie Akoto was named as the Minister for Agriculture, pending parliamentary approval, some observers pointed out that the new government may change the supervisory role…