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Government Equips NIA For National ID Card Registration

Government has handed over a fleet of vehicles and other essential logistics to the National Identification Authority (NIA) to facilitate the nationwide issuance of a national ID card, known as the Ghana Card by the Authority. Parliament last week approved amendments to the legislation governing the activities of the NIA …

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EOCO Invites UT, Capital Bank Directors Over Collapse

Former Directors of defunct UT Bank will this morning [Wednesday], appear before the Economic and Organized Crime Office (EOCO) to answer questions on their roles in the bank’s collapse. This follows findings of an investigative report on the collapse of the bank which was submitted to the Bank of Ghana. …

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Don’t Borrow For Another Government To Pay – Terkper To Government

Former Minister of Finance, Seth Terkper, has said that “borrowing is inevitable” for governments however loans should not be left for subsequent governments to come and pay. “It should be clear to all of us Ghanaians that now, no government can say that it will not borrow. I think it …

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‘It’s illogical, baseless’ – BOST slams COPEC claims

The Bulk Oil Storage and Transportation Company (BOST) has dismissed as frivolous the claim that it had caused financial loss to the state in the sale of some barrels of crude oil. In a sharp response to the accusation by the Chamber of Petroleum Consumers (COPEC) Monday, BOST said it …

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Ghana Leads For Women-Owned Businesses Worldwide

Ghana has the highest percentage of women business owners worldwide, with Uganda in third, according to the Mastercard Index of Women’s Entrepreneurship (MIWE). The MIWE is a weighted index that helps to better understand and identify factors and conditions that are most conducive to closing the gender gap among business …

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Ghana May Struggle To Repay $1.3 Billion Cocoa Loan

Ghana Cocoa Board may struggle to fully pay back loans of $1.3 billion as this season’s harvest will likely be smaller than first anticipated, according to the head of the industry regulator. The world’s second-biggest grower signed for the loans with lenders such as Credit Agricole SA and Natixis SA …

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Komenda Sugar Factory Now An Albatross – Minister

The controversy surrounding the Komenda Sugar Factory seems not to be ending soon as the Central Regional Minister, Mr. Kwamena Duncan, has cast further doubt on the readiness of the factory to resume full operations. According to Mr. Duncan, the necessary resources needed to support production at the factory are …

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Release Exton Cubic’s Equipment – Attorney General Orders Minister

The Attorney General has requested that the impounded mining equipment belonging to Ibrahim Mahama’s E&P be released back to Exton Cubic Group Limited. This is according to a letter sighted by Citi News which was addressed to the Ashanti Regional Minister from the AG’s office. In August 2017, the Ashanti …

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Agric Minister Hot Over Demolition At Nungua

The Leadership of the Nungua Traditional Stool has dragged the Minister of Agriculture, the Attorney General’s Department, the Ghana Police Service and the Legon Farm Manager to court for allegedly demolishing their building without obtaining a court permit. According to them, the minister, Dr Afriyie Osei Akoto, erred by allegedly …

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Coca Cola, BEL-AQUA Others Express Concern Over Tax Stamp Policy

Ahead of the implementation of the Tax Stamp Policy by March 1st, some local manufacturing firms- Coca Cola, Bel-aqua have also expressed concern about the policy saying they are not prepared to start. In fact, local manufacturing firms are having challenges purchasing the affixing machine which the government directed under …

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