Archive for August, 2011

BOG to investigate allegations against Rural Banks

Posted by on August 29, 2011 at 3:56 pm in Business, Other Top Stories

GNA – The Bank of Ghana (BOG) has said it would investigate allegations made against officials of the Adansi Rural Bank brought and would address problems the bank is facing. Some of the allegations are granting of huge credit facilities to individuals and businesses, giving loans to directors without BOG’s ratification in violation of the [...]

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Shortage of LPG causes increase in demand for charcoal

Posted by on at 3:55 pm in Business, Other Top Stories

GNA – The shortage of Liquefied Petroleum Gas (LPG) in recent times has led to an increase in the demand for charcoal in the Koforidua market, a survey GNA conducted has shown. A maximum bag of charcoal that sold at 12 Ghana cedis four months ago now sells at 17 Ghana cedis while the same [...]

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Herbalist, businessmen remanded for selling fake drugs

Posted by on at 3:54 pm in Local News, Other News, Other Top Stories

GNA — A Takoradi Circuit court “A” on Monday remanded a herbalist and two businessmen in police custody for selling fake drugs and Borges Olive oil. The accused are Daniel Taku, Stephen Oppey, both business executives and Prince Nyarko, a herbalist. They are to re-appear in court on September 09. They pleaded not guilty to [...]

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Labourer jailed for robbing policeman

Posted by on at 3:53 pm in Court News, Local News

GNA — A 20-year-old labourer, Awudu Moro who stole a police officer’s laptop computer, was on Monday slapped with a 10-year jail term by a Takoradi Circuit court. He was charged with stealing and causing unlawful damage and the court convicted him on his own plea of guilty. Chief Inspector Seth Ahelegbe told the court [...]

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Judiciary: We’re ready to handle all cases from PAC

Posted by on at 3:53 pm in Other Top Stories

The Judiciary on Monday said it was ready to handle all cases emanating from Public Accounts Committee (PAC) of Parliament. However, no cases from the PAC had yet been put before the Financial and Economic Crimes Court, it said in a statement signed by Mr George Dove of the Judicial Service. The statement said at [...]

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Armajaro Ghana to Raise Cocoa Purchases to 85,000 Tons, BFT Says

Posted by on at 2:40 pm in Business

By John Deane – Armajaro Ghana Ltd. plans to buy 85,000 metric tons of cocoa beans in the 2011-12 crop season, up from an estimated 75,000 tons in the previous season, the country’s Business & Financial Times reported. Storage facilities are being expanded and staff in districts have been given training to help ensure the [...]

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Media Alert: Tourism in the Headlines

Posted by on at 2:38 pm in Other Stories, Travel & Tourism

The World Tourism Organization (UNWTO) would like to remind you of the opportunity to participate in the 1st UNWTO International Conference on Tourism and the Media which will take place in Zagreb, Croatia, on 12-13 September. UNWTO, in cooperation with the Ministry of Tourism of Croatia, has organized the conference in order to address the [...]

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Ghana, Third Most Peaceful Country in Africa

Posted by on at 8:28 am in Other Top Stories

Botswana, Malawi and Ghana in that order have been ranked the most peaceful countries in Africa in a study of 153 countries, the 2011 Global Peace Inititive has indicated. Congo, Sudan and Somalia are the lowest ranked African countries, while Korea, Afghanistan and Iraq are the lowest outside the continent. Iceland, New Zealand, Japan, Denmark [...]

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