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Make farmers part owners of agric factories – Industry

Players in the agriculture sector have called on government to make farmers shareholders of some of the factories that will be established through the one district, one factory initiative. This they believe will sustain the factories and ensure inclusiveness for all stake holders. “In order for the factories to be …

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Officials of financial scheme MMM arrested

Two operatives of Ponzi financial scheme, Mavrodi Mondial Movement, popularly known as MMM, have been arrested at the instance of the Central Bank. The two were apprehended in the process of luring unsuspecting customers to invest with them. The unregistered firm was banned in neighboring Nigeria but moved to Ghana …

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Ghana Signs Agric Industrialization Deal With India

Thirteen African countries including Ghana have signed series of partnership agreements with India to enhance the supply of agricultural machinery, credit advancement to farmers and scientific cooperation. Farm machinery suppliers from the Indian state of Gujarat signed agreements with Ghana, Zambia, Mozambique and Togo for the supply of farm machinery, training …

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“Ghana On A Path Of Fiscal Consolidation, Debt Sustainability And Growth” – Prez Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has stated that the programmes and policies that have been initiated by his government, some 5 months into office, will put the country on a path of fiscal consolidation, debt sustainability and growth. Addressing the 2017 World Bank’s Development Finance Forum, …

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Young Entrepreneurs and Awards 2017 set to be launched on Tuesday

Organizers of the much awaited Young Entrepreneurs Summit and Awards has announced that the grand launching of the events will be held on Tuesday, May 30th, at the plush Erata Hotel, in Accra. The Summit and Awards is hosted by the Youth Business Network (YBN) in collaboration with the Ministry …

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GCB shareholders to get GH¢100.7m dividend

Shareholders of GCB Bank will be enjoying GH¢100.7 million as dividend for the year ending 2016. This follows the approval of GH¢0.38 dividend per share at the Bank’s Annual General Meeting held in Accra. The amount represents 15 per cent growth over the GH¢0.33 rate paid in 2015 to shareholders. …

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$2bn bond: Government searches for transaction advisor

Government has begun the search for transaction advisor for the $2.5 billion energy bond it intends issuing soon. The shortlisted firm is expected to advise government for six month. The transaction advisor is expected to facilitate the processes leading to the issuance of a Cedi denominated long-term bond to repay …

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Trade surplus doubles to US$1.2bn in April

Export proceeds in the first four months of the year overtook imports by 30.2 per cent, resulting in a balance of trade (BOT) surplus of US$1.15 billion within the period. This means the country sold more goods to the outside world than it bought in the first quarter. The trade …

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