Ghanaian agribusiness company, Park Agrotech, has received Cabinet’s approval as the preferred strategic investor for the Komenda Sugar Factory, Trade Minister Alan Kyerematen has disclosed. The Minister told Parliament, in …
Economy
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Dutch airline, KLM, has announced a new scheme–2020 Voluntary Resignation Scheme (2020 VRS) –for employees to voluntarily resign with financial compensation, as part of measures to mitigate the impact of …
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South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June, the cash-strapped airline said on Tuesday, as coronavirus lockdown restrictions ease. SAA, which is …
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Automobile giant Toyota Ghana has introduced new Toyota corolla and ‘Toyota Agya’ unto the Ghanaian market stating that they currently maintain over 30% shares for the past three years. Revealing the cars …
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Ghana has announced the easing of coronavirus restrictions that would enable the partial reopening of some sectors of the economy from June 5, 2020. However, restrictions placed over the past …
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The Ghana Community Network Service Limited (GCNet) says it is preparing to shut down its system at the Tema Port on Monday June 1, 2020 to pave way for the …
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Consumers of petroleum products in Ghana should be prepared to pay more for the fuel at the pumps in the first pricing window in June, Institute for Energy Security (IES) …
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EconomyInvestmentsSMEs
COVID-19: NBSSI cautions businesses against middlemen towards accessing stimulus package
The National Board for Small Scale Industries (NBSSI) has warned the public against fraudsters and middlemen parading as Business Advisory Service staff for accessing government’s COVID-19 stimulus package. The NBSSI …
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AviationEconomyInternational NewsInvestmentsMICE
UNWTO recommends cooperation as catalyst for tourism growth in Africa
The United Nations World Tourism Organization (UNWTO) has recommended cooperation as a major catalyst for the growth of tourism between countries on the Africa continent. The UNWTO conversely suggested same …
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Banking & FinanceEconomyTaxation
BoG MAY 2020 MPC STATEMENT: PUBLIC DEBT HIGHER THAN BoG’s 59.3% – CAN’T DEFY GRAVITY WITHOUT BoG
Introduction The Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020 curiously puts the end-March 2020 public debt at 59.3 percent. Since the 2019 Debt Report and …

