Tag: Ghana Business
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NDC gov’t bought 3 FSRUs – Boakye Agyarko was right
It has emerged that the erstwhile National Democratic Congress (NDC) government did, purchase, three Floating Storage Regasification Units (FSRU), contrary to the Minority MPs position that they purchased only one. Questions over the purchase arose during the vetting of Energy Minister Boakye Kyeremateng Agyarko, who revealed that Ghana purchased three Floating Storage Regasification Units at…
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Ghana needs more trade not foreign aid – Bawumia
Vice President, Dr Mahamudu Bawumia says the government wants a relationship with the international community driven by trade rather than aid. According to him, the development will help Ghana position itself in the continent’s growth. Dr Bawumia made the comment while contributing to a panel discussion on “Leapfrogging Development: The African Story,” at the 5th…
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Ghana to benefit from BRICS if … – Analyst
Ghana may have to adopt strategies that will reduce its dependency on China and benefit positively from its relationship with the Asian country. This is the advice from International Relations Analyst, Professor Oliver Stuenkel. Some have argued that Ghana’s relationship with the BRICS group comprising Brazil, Russia, India, China and South Africa has rather led…
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Reducing fish imports: Ministry to regulate artisanal fishers
Minister Nominee for Fisheries and Aquaculture, Elizabeth Afoley Quaye has outlined plans by her outfit to regulate the operations of artisanal fishers in reducing the country’s fish supply deficit. In her view, the inadequate production has led to an annual deficit of about fifty percent; the equivalent of about 600,000 metric tonnes of fish. This…
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We will investigate poor services by British Airways – Cecelia Dapaah
The Aviation Minister, Cecelia Dapaah has disclosed that her outfit will investigate allegations of poor services to Ghanaian passengers by British Airways when confirmed by Parliament. The conclusions of the investigations are expected to reduce the charges on luggage and improve treatment of Ghanaian passengers at Heathrow Airport. Though Madam Dapaah admits that the situation…
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Cocoa sector target will be exceeded- Afriyie Akoto
The Minister of Agriculture, Dr. Owusu Afriyie Akoto is confident his outfit will exceed the production target set by government for the cocoa sector for this year. According to him, government has begun strategizing to restore the cocoa sector into a high yielding state. “The fact that cocoa has been moved from the ministry of finance to…
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Employment Ministry investigates NLC staff agitations
The Employment and Labour Relations Minister, Ignatius Baffour Awuah has told Citi Business News his outfit will investigate demands from workers of the National Labour Commission for their boss to be sacked. It follows an official complaint from the workers and defence by the management, to be presented to the Ministry on Thursday. “I do…
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Tullow reduces 2017 oil output by over 5000 barrels
Tullow Oil has cut down its 2017 oil projection from Ghana’s Jubilee oilfields by 5200 barrels. The figure has dropped from 73,700 barrels in 2016 to 68,500 barrels. This was contained in the company’s 2016 financial statement released on Wednesday, February 8, 2017. Tullow’s profits however dropped by eight percent between 2015 and 2016. The…
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National carrier to start within one year – Aviation Minister Nominee
The NPP government will work to ensure that the new national airline commences operations in at least one year’s time, Aviation Minister Nominee, Cecilia Dapaah has revealed. “…The consultant said two years and I said we should do it in a year if possible so between one and two years, I think that should be…
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We’ll cut VAT, reduce fuel cost for local airlines – Cecilia Dapaah
The Minister Nominee for the newly created aviation ministry, Cecilia Abena Dapaah has resolved to reduce taxes on domestic air fares to increase passenger volumes within the country. This is in fulfillment of the New Patriotic Party’s campaign promise to scrap the 17.5 percent VAT on domestic air tickets that make it unattractive for patronage.…