Articles from the ‘Business’ category

EU bans Ghanaian airline

Posted by Contributor on September 3, 2010 at 9:30 am in Business, Other Top Stories

By ALESSANDRO TORELLO The European Commission said Thursday it has banned one airline from Ghana from flying to Europe and imposed restrictions on a second airline from the same country because of poor safety. “Meridian Airways from Ghana is included in the list of banned airlines as a consequence of a series of very poor [...]

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CLOGSAG to meet Fair Wages Commission over salaries

Posted by Contributor on September 2, 2010 at 5:54 pm in Business, Other Business Stories

Leaders of the Civil and Local Government Staff Association (CLOSGAG) will hold discussions with the Fair Wages Commission Thursday. This follows CLOGSAG’s demands to be allowed to separately negotiate for better pay. The Association staged a nationwide protest last week after the government refused to grant them that right. Now a joint technical committee comprising [...]

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GSE to establish a separate market for small businesses

Posted by Contributor on at 5:53 pm in Business, Stock Market

The Ghana Stock Exchange is to establish a separate market for small businesses. The market which is set to begin operations by the close of this year is designed to serve small businesses wanting to use the exchange to raise capital. Deputy Managing Director of the Stock Exchange Ekow Afedzi tells Joy Business this is [...]

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Credit growth slows

Posted by Contributor on at 5:52 pm in Business, Other Business Stories

The growth of banks’ credit to the private sector and public institutions over the twelve-month period to May 2010 slowed to 3.2%, the lowest since May 2003, compared with an increase of 43.8% recorded for the same period in 2009. In actual terms, the banking sectors’ total credit went up by GH¢214.4 million between May [...]

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Africa and the financial crisis, is it really going to be a war ?

Posted by Contributor on at 11:35 am in Business, Other Top Stories

credit: H.Tlili The African Development Bank (ADB) took the initiative to gather the African ministers and bank governors to debate the world financial crisis which has been raging for some time, and about which the world experts say that the poorest among the African countries will be the most affected. At a date between the [...]

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IFDC and AGRA to enhance food security situation in Ghana

Posted by Contributor on at 11:33 am in Business, Other Business Stories

International Centre for Soil Fertility and Agricultural Development (IFDC) with funding from the Alliance for a Green Revolution in Africa (AGRA) is implementing projects aimed at increasing smallholder farmers’ productivity and rural incomes in Ghana by making inputs available and accessible to rural farmers and to link farmers to market. Dr. Kofi Debrah Country Representative [...]

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Ghana rolls out 2nd Private Sector Development Strategy

Posted by Contributor on at 11:32 am in Business, Other Top Stories

The Ghanaian government is to roll out a second phase of the Private Sector Development Strategy, called the PSDS II, to develop a thriving private sector that creates jobs and enhances livelihoods. Unveiling the plan, Trade and Industry Minister, Ms Hanna Tetteh, said the Strategy had received cabinet approval. Under the PSPS II, she said, [...]

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Standard Bank receives Africa Investor Agribusiness award

Posted by Contributor on at 11:01 am in Business, Financial Institutions, Other Top Stories

Standard Bank has been named a winner in the Africa Investor Agribusiness Awards 2010. Standard Bank won in the Development Finance Initiative of the Year category for its groundbreaking Agricultural Guarantee Fund Scheme that has improved access to finance to smallholder farmers in Africa. The Agribusiness Awards recognise achievements across the main Agribusiness and finance [...]

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