Articles from the ‘Business’ category

Gov’t appeals to labour over fuel subsidies

Posted by on February 5, 2012 at 3:34 pm in Business, Local News, Other Top Stories

Government has appealed to organized labour to exercise restraint as the latter threatens to hit the streets next week. The Ghana Trades Union Congress which is leading the demonstration is unhappy about government’s handling of their demand for the restoration of fuel subsidies following the recent increase in prices of petroleum products. It will be [...]

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U.S. gov’t, military to get secure Android phones

Posted by on at 3:33 pm in Business, Other Top Stories

Some U. S. officials this year are expected to get smartphones capable of handling classified government documents over cellular networks, according to people involved in the project. The phones will run a modified version of Google’s Android software, which is being developed as part of an initiative that spans multiple federal agencies and government contractors, [...]

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Millennium Challenge Account ends in February

Posted by on at 3:10 pm in Business, Other Top Stories

The Five-Year Ghana Programme on the Millennium Challenge Account (MCA) is expected to end this month. A statement issued in Accra on Friday by Major Albert B. Don-Chebe (Rtd), Director of Communication, Millennium Development Authority (MiDA) and copied to Ghana News Agency said an itinerary drawn would begin on Tuesday, February 7 and Wednesday, February [...]

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GUA to redeem government of its housing deficit

Posted by on February 3, 2012 at 7:35 pm in Business, Real Estate

  Ghana Union Assurance (GUA) on Friday rolled-out a comprehensive mortgage financing policy to enable low and middle income earners with the desire to acquire houses without the initial 20 per cent deposit required. The policy: “GUA Collateral Replacement Indemnity,” (CRI) targets borrowers in the lower to middle income mortgage market without the requisite deposit [...]

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ECG forms new 9-member board

Posted by on at 7:33 pm in Business, Other Business Stories

  The Energy Minister has charged the newly formed board members of the Electricity Company of Ghana, (ECG) to flash out officials implicated in the recent corruption exposé at the company by journalist Anas Aremeyaw Anas. Energy Minister, Dr. Joe Oteng Adjei, made the comment when the 9-member board headed by Mrs. Perpetual Darfuor was [...]

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Gov’t contracts $1b loan

Posted by on at 7:33 pm in Business, Other Business Stories

*To improve oil and gas sectors   A $150 million loan agreement to finance an ICT-enhanced surveillance and monitoring facility for the oil and gas enclave project in Ghana is to come before Parliament for scrutiny. Another subsidiary loan agreement involving $850 million to finance the Western Corridor Gas infrastructural development project is also expected [...]

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Yamson heads Economic Advisory Council

Posted by on at 7:01 pm in Business

President John Evans Atta Mills has appointed Mr. Ishmael Yamson, as the new Chairman of the Economic Advisory Council, a statement issued by Koku Anyidoho, Head of Communications at the presidency has said.

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Dishonesty, Cause For Expensive Financing – Andani

Posted by on at 8:54 am in Business, News From Other Newspapers, Other Business Stories

Financing experts at a forum on ‘Financing Business Operations in Ghana’ have agreed that dishonesty in the operations of businesses, particularly small- and medium-scale enterprises (SMEs), largely account for the high interest rate financial institutions slap on them. The Managing Director of Stanbic Bank Ghana, Mr Alhassan Andani, who first articulated the point, stated, “The [...]

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