STROY BY: EVANS OSEI BAFFOUR, FROM AXIM W/R A Deputy Energy Minister in charge of Petroleum, Mr Emmanuel Armah Kofi Buah, has disclosed that government is still committed to ensure that the gas project is put to efficient use in fulfilment of its better Ghana promise to Ghana. He added that government in order [...]
Read the rest of this story »The US economy created 243,000 jobs in January, the highest total for nine months, official figures show. The rise was much more than expected. Analysts had forecast an increase of about 150,000 jobs. The unemployment rate dropped to 8.3%, which was the lowest rate in nearly three years, and down from a revised rate of [...]
Read the rest of this story »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 [...]
Read the rest of this story »*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 [...]
Read the rest of this story »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 [...]
Read the rest of this story »The United States Agency for International Development (USAID), has signed a Memorandum of Understanding (MOU) with the Northern Regional Coordinating Council (RCC) to improve upon food security in the region. The initiative that is under the Food and Security Resilience Programme is dubbed: “Feeding the future” involves the disbursement of more than 60 million dollars [...]
Read the rest of this story »The Subscriber Identity Module (SIM) Registration Regulation, 2011 (Legislative Instrument 2006) which was presented to Parliament on November 30, 2011 comes into force, February 2, 2012 after the House had adopted the report of the Subsidiary Legislation Committee on the instrument Wednesday. By the coming into force of the instrument, a framework has been provided [...]
Read the rest of this story »*Farmers urge Jomoro Cocoa Farmers Association in the Western Region has called for the scraping of the unfair weighing scales which tend to favour the buyer over the farmer. The Association which has over 1,000 members said this in a press release issued in Takoradi and copied to the GNA. It said in a recent [...]
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