Ghana
Vai alla Scheda Paese »Action without thought is empty. Thought without action is blind.
— Kwame Nkrumah
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Echendu Oil and Gas to set up Ghana branch
One of the leading oil and gas global service providers, Echendu Oil and Gas Limited (EOGL) UK, has announced plans to set up a branch in Ghana, to service the country’s growing oil and gas economy. The company with its headquarters in the United Kingdom, and offices in Ireland, Norway, ...
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Over 2,000 jobs to be created soon – GIPC
The Ghana Investment Promotion Centre (GIPC) has attracted 39 newly registered investment projects into the country at an estimated value of $249.49 million between January to March in the first quarter of 2016. The investments are expected to create a total of 2,489 jobs. The results of the quarter investment ...
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EPA won’t affect trade relations with Cote d’Ivoire – Mahama
President John Mahama has assured Cote d’lvoire that signing onto the economic partnership agreement (EPA) with the European Union will not affect trade relations between the two countries. It would be recalled earlier this year some foreign investors were forced to freeze capital investment into Ghana, following government’s delay in ...
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Ghana-Swiss Chamber to deepen trade relations
The Head of Cooperation Counsellor at the Embassy of Switzerland in Ghana Matthias Feldmann has called for more value addition to products being exported to Switzerland. According to him, this is one sure way to increase the foreign exchange earned by Ghana. The volume of trade between Switzerland and Ghana ...
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June 3rd floods: Enterprise pays Alliance Motors outstanding claims
The National Insurance Commission (NIC) has confirmed to Citi Business News that Enterprise Insurance Company has settled all outstanding claims it owed its client, Alliance Motors Ghana Limited following the June third disaster. Some clients of the automobile company dragged it to the National Insurance Commission following the company’s refusal ...
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Komenda Sugar Factory 100 % ready to operate – Spio Garbrah
The Minister of Trade and Industry, Dr. Ekow Spio Garbrah has dismissed suggestions that the Komenda Sugar Factory lacks the necessary resources for effective operation and will therefore soon collapse. President John Dramani inaugurated the defunct factory which was started by Ghana’s first President Osagyefo Dr. Kwame Nkrumah in the ...
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Anglogold Ashanti defends dragging Ghana to international arbitration centre
Mining giant AngloGold Ashanti has justified dragging Ghana to the International Centre for Settlement of Investment Disputes (ICSID), following the country’s inability to restore law and order at the Obuasi mine which has been taken over by galamsey operators. The mining firm argues the takeover of its Obuasi mine by ...
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Military obtains license to operate Savings & Loans company
The Bank of Ghana (BoG) has finally given the military the go ahead to operate a savings and loans company. The company is to be called Services Integrity Savings and Loans Company (SIS&L). The Bank of Ghana last year confirmed to Citi Business News, it is was only processing a ...
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Citi Business Festival 2nd edition launched [photos]
The second edition of the Citi Business Festival has been launched in Accra. This year’s edition, which has many innovative additions is expected to assemble successful business operators who will mentor young entrepreneurs on how to survive modern business challenges. Speaking at the launch, Head of Citi Business Desk, Vivian Kai-Lokko, ...
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Ghana to issue fifth Eurobond by October
Finance Minister, Seth Terkper has hinted to Citi Business News Ghana will issue its 5th Eurobond by October 2016. Parliament in December, 2015 gave government the green light to go ahead and issue the Eurobond. Proceeds from the bond will be used to support the country’s growing infrastructural needs, and ...
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Inject more cash into NHIS to avert collapse – GMA
The Ghana Medical Association has expressed worry at the gradual re-introduction of the cash and carry health care delivery system at various health facilities across the country due to prolonged indebtedness of the National Health Insurance Authority (NHIA) to service providers. According to the association, the bureaucratic cash inflows to ...
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Safety measures improved at Makola shopping mall
Security has been intensified at the Makola Shopping Mall in the central business district of Accra, days after work on the project was stopped over the death of a trader. The victim, Miss Juliana Akweley Mensah, 28, a mother of two, was struck by a flying object at the construction ...
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Busy launches “Power of 4” to give customers unlimited freebies
Busy, Ghana’s most reliable 4G network, has launched the “Power of 4” promotion to give its customers unlimited freebies. Under the “Power of 4” campaign, Busy customers will be treated to 4 Unlimited Freebies from ‘4 Baskets for 4 Months’ on the most reliable 4G Network in Ghana. The campaign ...
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FBNGhana appoints new MD
Citi Business News has learnt that FBNBank Ghana, has appointed Gbenga Odeyemi as the bank’s new Managing Director. Gbenga Odeyemi replaces Seyi Oyefeso who has been promoted to Group Executive, Commercial Banking, First Bank of Nigeria Limited. His appointment takes immediate effect. Prior to his appointment as the Managing Director ...
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Govt issues GH¢500m bond again
The Bank of Ghana (BoG) has issued a 500 million Ghana cedi bond today to help government raise funds to restructure its debt and maturity settlement. A statement copied to Citi Business News indicated that, the move is in accordance with government’s securities for May, 2016; which is at a ...
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GIFEC equips security services to fight cyber crime
The Administrator of the Ghana Investment Fund for Electronic Communications (GIFEC), Mr. Kwabena Akyeampong has told Citi Business News that government is equipping the security services with electronic gadgets to help fight cyber crimes. Cyber crimes such SIM BOX fraud and hacking have become rampant in recent times. A recent ...
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UG student groups sign agreement to aid persons with disability
Two University of Ghana student groups have signed a partnership agreement with the Samuel Wellington- Botwey (SWEB) Foundation to support persons with disabilities. The AIESEC branch of the University, signed a deal worth about GH₵19,000 to cover engagement of international interns and promoting initiatives, such as SWEB brand ambassadors, campus ...
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Accra - Tecnologia e know‐how italiano al servizio dell’imprenditoria
Commercio, imprese, lavoro: Italia e Ghana sono sempre più vicine. Le aziende made in Italy esportano verso lo stato dell’Africa occidentale beni per un valore totale annuo di circa 205 milioni di euro (dati 2015). A sottolinearlo oggi è l’Ambasciata d’Italia in Ghana che ricorda che “i...
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Ghana, Canada to increase trade relations through SME investment
Canada’s High Commission in Ghana has disclosed of plans to increase trade volumes between Ghana and Canada which currently hovers around 180 million Canadian dollars. The Trade Commissioner at Canada’s High Commission in Ghana, Peter Fiamor, also explains that the collaboration will largely involve Small and Medium Enterprises (SMEs) in Ghana. ...
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5 laws were deliberately broken in Smartty’s deal – Ace Ankomah
Private Legal Practitioner and member of pressure group, Occupy Ghana, Ace Ankomah, has revealed that every applicable law was broken to ensure that Smartty’s Management and Productions Limited – the company at the centre of the bus branding saga, was awarded the contract. Speaking on e.tv Ghana’s State of the Nation ...
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$700,000 solar project to reduce Ghana’s power challenges
Ghana is to receive some 100 mega watts of power in 2017 to help ease the power challenges confronting the country. It follows the award of a $704,815 grant by the U.S. Trade and Development Agency (USTDA) to Ghanaian solar power developer, Home Energy Africa Limited. The grant will also ...