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Ghana commodity exchange improves By Morkporkpor Anku

Ghana records improved quality in commodity, reduction in post-harvest losses and lower transaction cost, Mrs Tucci Goko Ivowi, the Chief Executive Officer of Ghana Commodity Exchange, said on Sunday. She said the coming into force of the Commodity Exchange had seen an increase in jobs for haulage and other service providers. Mrs Ivowi was speaking at the Minister’s Press Briefing …

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SSNIT to save US$17 million through merger with NIA

The Social Security and National insurance Trust (SSNIT) on Monday, June 28,2021 began integrating and harmonising its database with the National Identification Authority (NIA). The integration of the databases of the two institutions would save SSNIT US$ 17 million for halting the printing of new biometric cards to its Members. Addressing the media in Accra on Wednesday on the merger …

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Fuel prices to go up marginally – IES

The Institute of Energy Security (IES) has said prices of fuel will appreciate marginally at the pumps. A statement issued by IES indicated that the price of fuel on the local market increased within the window under review. Within the first pricing window of June 2021, majority of the oil marketing companies (OMCs) increased their prices of petroleum products by …

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At Seven Seas Salt, we value our workers – HR

Mr Abdul Mubarak Trawule, Human Resource (HR) Manager at Seven Seas Salt Limited has said the company values every life of the about 600 people engaged as its permanent, casual and daily workers. He said contrary to claims that the company cared less about the safety and welfare of staff it had in place medical cover and Social Security and …

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President commissions Toyota/Suzuki assembly plant

President Nana Addo Dankwa Akufo-Addo on Tuesday commissioned the Toyota vehicle assembly plant in Ghana, urging the Japanese company to work towards making their products affordable to the local consumer. Set up by Toyota Tsusho Manufacturing Company Limited, the plant, situated at the free zones enclave in Tema, will assemble some models of Toyota and Suzuki vehicles for Ghana and …

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EPA shuts down Empire Cement Factory at McCarthy Hills

The Environmental Protection Agency (EPA), with support from the Police, on Friday closed down the Empire Cement Factory, a Chinese cement factory at McCarthy Hills in Accra, for operating without permit. The police halted operations at the site and sacked all workers in the factory, including the Chinese nationals for flouting the laws of the country. Information gathered by the …

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KGL Group sponsors maiden edition of diasporan investment summit

KGL Group, a wholly owned Ghanaian group has supported the Ghana Investments Promotions Centre (GIPC) to host the maiden edition of the Ghana Diaspora Investment Summit 2021. The event, which is held on the theme ‘The New Normal: “Leveraging Diaspora Investments to Build Back Better” will highlight diasporan collaborative investments as an integral lever to spur rebound growth in the …

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Remittance flows to Ghana hits $3.6 billion

The World Bank Migration and Development Report for 2021 has reported an increase of 5 percent to $3.6 billion in remittances flows to Ghana despite the lockdown in many of the remittances sending countries. Host countries for Ghanaian migrants include the USA, the UK, Côte d’Ivoire, Italy, Germany, and Canada.The resilience of Ghanaian migrants has been commended in the face …

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Shopping malls near Spintex Roundabout to be demolished

Executive Secretary of the Lands Commission Alhaji Daud Suleimana Mahama has disclosed that all the shopping arcades and malls around the Spintex Roundabout have not permits. He said a High Court judgement has even declared the area a green belt, permitting no constructions there. Nonetheless, private developers, Alhaji Mahama said, are building with impunity and had the guts to stop …

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Ghana to establish cocoa processing plant in Rwanda

Ghana is collaborating to establish a chocolate processing plant in Rwanda to boost trade and investment between the two countries. As part of the partnership, Ghana will supply processed organic cocoa in a form of coca nibs or cocoa Liquor as shall be determined. Rwanda will also establish a formulation plant in Ghana for the production of organic pyrethrum-based pesticides …

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