Wednesday , 23 January 2019
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GRA to auction overstayed goods and vehicles

The Ghana Revenue Authority (GRA) on December 27 and 28 hold a public auction exercise where a number of overstayed vehicles and goods will be sold to the general public at Tema. In a statement issued by the Commissioner-General of GRA, Emmanuel Kofi Nti, the auctioning of the overstayed goods and vehicles are part of efforts to mop-up revenue before …

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Tema Port’s cargo traffic shots above 13 million tonnes

The Port of Tema has recorded a huge increase in its cargo transit as it anchored.a total of 13,755,593 tonnes between January and October 2018. The figure shows a significant increase over the 11,373,738 cargo transit tonnage the Port recorded during the same period in 2017. Mr Michael A. Luguje, Acting Director General, Ghana Ports and Habours Authority (GPHA), disclosed …

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Parliament passes Fiscal Responsibility Act to ensure prudent spending

Parliament has approved under a certificate of urgency, the Fiscal Responsibility Bill. The Bill, which has been touted by the government as one of the instruments through which it will maintain fiscal discipline as the country exits the IMF Program. It seeks to ensure fiscal responsibility, macroeconomic stability, and debt sustainability. There were however concerns about the provision which makes …

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Qatar Airways to fly Ghana

Qatar Airways, the national airline of Qatar, is expected to soon complete arrangements to fly Ghana, by next year. “We have already gone far with talks with the Aviation Authorities in Ghana and will be flying to that country by middle of 2019”, Abkar Al-Baker, the Group Chief Executive Officer of the Airline, told journalists in Doha. He was answering …

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Stratcomm Africa wins another award

Strategic Communication Africa Limited (Stratcomm Africa), a communications company headquartered, in Accra, has received the Professional Services Provider of the Year (2017), at the Chamber Business Awards. This adds to the 2017 Corporate Social Responsibility (CSR) Initiative of the Year Award it won for its Ghana Garden and Flower Show, from the Centre for CSR, West Africa, presented at the …

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Stop the drama and recapitalise NIB, ADB – Adongo to Ofori-Atta

Bolgatanga Central MP Isaac Adongo has charged Finance Minister Ken Ofori-Atta to put an end to the “drama” over the recapitalisation of the National Investment Bank (NIB) and adb Bank. He was of the view that proper structures need to be put in place to ensure a smooth operation of the two state-owned banks. “After refusing to take action to …

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Ghana emerging as a key market for the UAE – Cyril Darkwa

Ghana is fast emerging as a key market of the United Arab Emirates (UAE), the Head of Dubai Chamber Ghana office Cyril Darkwa has said. According to him, several UAE companies are investing in Ghana, especially in sectors like infrastructure, communications and tourism. This is reflective of the Ghana Government’s efforts to strengthen its economy, attract investors and establish strong …

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Trade Ministry lacks funds to implement 1D1F – Minority

Government’s flagship program, one district, one factory is not seeing day light because the ministry charged with the responsibility of implementing the program lacks funds to carry out the programme, the minority has said. Speaking during the approval of the budget estimate for the ministry of Trades and Industry, acting ranking member for the committee on Trades and Industry Yusif …

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Ghana can survive without IMF – Lagarde

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has stated that Ghana has the potential to run an effective economy devoid of an IMF programme. Ahead of Ghana’s exit from the IMF programme by the close of 2018, the IMF Chief is on an official visit to hold bilateral talks with the managers of the Ghanaian economy. …

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We’ve met GHC400m minimum requirement – Cal bank

Cal Bank has announced it has met the GHC400 million minimum capital requirement set by the bank of Ghana. “One of the primary objectives of the bank these past few weeks is to meet the minimum capital requirement set by the Bank of Ghana by December 31st, 2018. I am pleased to announce to you, that due to your hard …

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