Articles from the ‘Business’ category

GhiPSS launches electronic cheque clearing system

Posted by on August 31, 2009 at 6:46 pm in Business, Other Business Stories

  GNA – The Ghana Interbank Payment and Settlement System (GhiPSS) on Monday launched an electronic cheque clearing system dubbed “Cheque Codeline Clearing with Truncation” (CCC) which will ensure clearance within a day from September this year.      The system that would enhance efficiency, reliability and timeliness in the clearing of cheques, is aimed at [...]

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Accra bourse gains 2.66 per cent on opening day

Posted by on at 6:41 pm in Business, Stock Market

  GNA – The Ghana Stock Exchange (GSE) opened the week on a strong note on Monday with the main market indicator, the GSE All-Share index, appreciating by 278.23 points on the back of good performances of two financial stocks.      The index closed up by 278.23 points at 5,900.41 points from Friday’s figure of [...]

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Task force set up to check illegal timber felling

Posted by on at 6:40 pm in Business, Other Business Stories

  GNA – Mr. William Baah, the Brong-Ahafo Regional Forestry Manager, has said the judiciary had failed to support the forestry department in preserving forest reserves in the region.      He alleged that the judiciary at times freed chainsaw and other illegal forest operators.      “Sometimes fines imposed on the culprits by the courts are [...]

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Newmont opens secretariat for to oversee community projects

Posted by on at 6:39 pm in Business, Mining

  GNA – The Newmont Ahafo Development Fund has accumulated 2.4 million dollars to support projects defined in the social responsibility agreement between the mining company and its catchments communities.      Mr. Dan Michaelsen, General Manager, Environment and Social Responsibility, said this when he inaugurated the fund’s secretariat at Ntotroso in the Asutifi District.      [...]

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Banking gibberish D – Z

Posted by on at 12:51 pm in Business, Financial Institutions

  Article By: iafrica.com   In ‘Banking jargon explained’ we covered banking terminology A through C. In our quest to simplify the language of banking, we present you with the second instalment (click here for the first) in this series of articles… Debit card A debit card is a plastic card linked to a bank [...]

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Adenta to produce high quality snail

Posted by on at 12:42 pm in Business, Other Business Stories

  GNA – The Adenta Constituency in the Greater Accra Region is to produce high quality snails within two years to boost the availability of the commodity on the domestic market, Mr Adu Kojo Asare, Member of Parliament for the Constituency, said on Monday.      He told the Ghana News Agency (GNA) on Monday that [...]

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CNOOC to Bid for Kosmos’ Oilfield in Ghana

Posted by on August 28, 2009 at 12:07 pm in Business, Mining, Other Top Stories

China National Offshore Oil Corporation (CNOOC), one of the country’s three oil titans, will participate in the public bidding of Kosmos Energy’s oil field in Ghana, revealed the general manager, Fu Chengyu. Earlier sources said that about USD 3 billion to USD 5 billion would be involved in this deal. As a private oil and [...]

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Food vendors in Kumasi trained on safe handling of food

Posted by on at 11:17 am in Business, Other Business Stories

GNA – A two-day training workshop designed to enhance food safety in the Kumasi Metropolis has ended with a call on food vendors to ensure that they operated strictly under healthy and hygienic conditions. Mr Eric Brobbey, Vice Rector of the Kumasi Polytechnic, said it should not be lost on anyone that safe handling of [...]

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