After repairing and reinstalling the LPG Loading ARM, which broke during a rainstorm on May 25, 2018, Oil Jetty, an off-shore breakwater which receives fuel imports at the Tema Port has finally resumed operations. The supply of Liquefied Petroleum (LPG) at the Oil Jetty got suspended following the incident. A statement released by the National […]
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Telcos have called the bluff of Communications minister Ursula Owusu-Ekuful after ignoring her strongly-worded deadline to comply with a government plan to monitor their call traffic as a means of verifying the accurate tax payments. Only Glo connected into the system operated by Kelni GVG which has been contracted by government to provide call traffic […]
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Sub-Saharan Africa is confronting a pronounced rise in public debt. At the end of 2017, average public debt in the region was 57% of its GDP – an increase of 20 percentage points in just five years. While this is well below the peaks of the early 2000s, the current spike is concerning. Government borrowing […]
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Former President, John Agyekum Kufuor, has called on the youth to venture into cocoa farming as it is profitable and the surest way to sustain and increase cocoa production in Ghana. Ghana produces about 800,000 tonnes of premium cocoa annually, the second highest after Cote d’Ivoire. However, large numbers of ageing cocoa farmers without adequate […]
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Consumers should brace themselves to pay more for the same quantity of goods they purchase at the various markets. This is the warning from an Economist at the University of Ghana, Mr. Adu Owusu Sarkodie. According to him, the development will lead to an increase in the cost of production which producers may have no […]
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An Accra High Court has slapped the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah with a fine of GHc700 for failing to file the relevant documents since the last adjournment on the 18th of May 2017. The Managing Director of Bulk Oil Storage and Transportation Company (BOST), Alfred Obeng has filed […]
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Transport fares have been increased by 10% effective Monday June 4, 2018. This was announced in a statement by the Road Transport Operators. Transport operators have been asked to comply with the new fares and post same at their loading terminals so as to avoid any confrontation with the travelling public. The statement further urged […]
Read moreThe bank’s profit declined from 299 million cedis to an estimated 213 million cedis between 2016 and 2017. Meanwhile for the first three months of this year, GCB Bank’s financial report shows another drop in profits. The financial statement released by GCB Bank shows that even though revenue went up by 50.6 million cedis, the […]
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Fund transfers from one mobile network to another is recording steady increase since mobile money interoperability was launched on May 10, this year, an indication of increasing awareness and public confidence in the new system. In the first seven days of mobile money interoperability, a total of 28,000 transfers valued at about GH¢2.3 million were […]
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Members of the Concerned Drivers Association and True Drivers Union have increased their transport fares by 10 percent effective today, Monday, 28 May 2018. This was contained in a statement jointly signed by David Agboado and Yaw Barimah PROs for Concerned Drivers Association and True Drivers Union respectively. According to the groups, the increment has […]
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