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New cement factory to produce 1 million tons of cement annually opened

A new cement factory has been commissioned in the Free Zones enclave in Tema with the capacity to produce one million tons of cement annually. The CIMAF Cement Factory has become the third local...

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Ghana and Japan sign $100m loan agreement

Ghana has signed a $100-million (11,239 billion Yen) loan agreement with the Japan International Co-operation Agency (JICA) for the construction of a 540-metre long cable-stay steel bridge over the...

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New financing models needed for business growth

The country needs to reform the existing business financing architecture to make it possible for more businesses to access formal finance, Professor Joshua Yindenaba Abor, Dean of the University of...

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Electricity to go up by 59.2%, water 67.2% – PURC

The Public Utility Regulatory Commission (PURC) has increased electricity tariff by 59.2 % and water tariff by 67.2% for residential consumers. The commission announced that changes are expected to...

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BEIGE Group has bright prospects ­- Nyinaku

BEIGE Group has bright prospects ¬- Nyinaku Mr Mike Nyinaku, the Chief Executive Officer of the BEIGE Group, a financial services provider, says the future of the company is bright. In an interview...

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GRA’s automated systems rakes in billions

The Ghana Revenue Authority (GRA) has recorded massive shoot-up in tax mobilisation through the deployment of Total Revenue Integrated Processing System (TRIPS). The GRA said many companies now use...

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Business activities slows down in T’di

Business activities in Takoradi are still slow after the general elections on Wednesday. Shops and stores which hitherto did not open on Wednesday all opened on Thursday to sell their goods and wares...

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Final DKM payments starts on December 16th – Official Liquidator

Payments for DKM customers who were validated manually are expected to commence on Wednesday 14th December, 2016. This is the assurance from the Principal Company Inspector for the Official Liquidator...

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Billionaire at 34? Forget short-term approach to becoming rich, says Mugo Kibati

Mugo Kibati This is according to Kenyan business leader Mugo Kibati. He said most African countries remain poor and underdeveloped because for the last 50 years many business people acquired wealth...

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The Governors of Bank of Ghana from1957 to date

The Central Bank of Ghana traces its roots to the Bank of the Gold Coast (BCG), where it was nurtured. As soon as local politicians and economists saw political independence in sight in the mid 1950’s...

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