Tag: Ghana Business News
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Air Namibia, APG Network partner for services in Ghana & Nigeria
Air Namibia has appointed APG Network as its agent for General Sales & Services in Ghana and Nigeria. APG Network will also operate a call center and customer care services on behalf of Air Namibia in the two countries. The partnership follows Air Namibia’s decision to launch the Windhoek-Lagos-Accra route, which will commence on June…
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Fall armyworm not conquered yet – Agric ministry
The Ministry of Food and Agriculture has ruled out an immediate eradication of the fall army worm invasion in the country. This follows the resurgence of the pests in some farms across the country this year, despite assurances that the destruction has been brought under control. The Director of the Plant Protection and Regulatory Services Directorate…
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Government abandons Housing & Construction Bank plans
Government has ditched the idea of establishing a Housing Bank which was aimed at reducing the high cost of mortgage in the country. Works and Housing Minister, Samuel Atta Akyea who disclosed this to Citi Business News however says the new plan is to allow the existing banks access to relatively cheaper funds to offer…
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Severance packages for former workers of UT, Capital banks to delay
Perhaps former workers of defunct UT and Capital banks seeking their severance packages may have to wait a bit longer as the receiver of the agreement, continues its work. The workers argue that the development has affected them negatively and therefore want a swift action on their requests. But information from the receivers indicates that…
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‘Fall armyworm has come to stay’ – US Taskforce
The USA’s Fall Armyworm Task Force has warned African countries to brace themselves to tackle head on, the infestation of farms by fall army worms describing the phenomenon as coming to stay. The claims are more worrying especially as the pests are potential threats to over eighty crops particularly staples such as maize and rice.…
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BoG must decide extension of recapitalization deadline
The independence of the Bank of Ghana (BoG) must be allowed to prevail even as appeals are considered from local banks for an extension of the deadline for recapitalization. This should also build a strong financial sector with the capacity to support economic growth. That is the suggestion from Financial Analyst, Professor Godfred Bokpin. His…
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AGI demands swift passage of local content law
The Association of Ghana Industries (AGI), is pushing for the speedy passage of a local content policy to address what they describe as the imbalances in the construction industry. A local content policy, the association says, is urgently required to increase the opportunities and incentives for local construction firms. The AGI believes this should help…
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Ghana Standards Authority suspends EasyPass programme
The Ghana Standards Authority has stated that it has suspended the implementation of the EasyPass Programme. This follows a publication that the implementation of the programme will commence on May 1st 2018. According to the publication, the EasyPass Programme is aimed at ensuring that some selected products imported into Ghana meet the required standards to…
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President meets local banks over extension of recapitalization date
Citi Business News understands that the President, Nana Addo Dankwa Akufo Addo, has met some Managing Directors and Chief Executive Officers of local banks in the country to discuss the request for an extension in the deadline date of the minimum capital requirement for indigenous banks. The local banks are appealing for an extension of…
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Newmont deaths: Union demands benefits for contract workers
The Ghana Mine Workers’ Union has told Citi Business News it will not renege on its quest to seek improved working conditions for contract employees in the mining sector. The union maintains that the move should afford such workers all the benefits that are due full time employees and secure their welfare. The remarks follows…