President Nana Addo Dankwa Akufo-Addo, on Tuesday, June 29, 2021, commissioned the Toyota Tsusho Vehicle Assembly Plant, which is assembling some models of Toyota and Suzuki vehicles in the country. Describing the occasion as a very happy one for him, the Ghanaian people, and for Government’s Industrial Transformation Agenda, President Akufo-Addo stated that Toyota Tsusho’s presence in Ghana has been […]
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The CEO of Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant has disclosed that the country has targeted to raise $3 billion in Foreign Direct Investment (FDI) in 2021. Speaking at a press briefing on Sunday in Accra, Mr Grant said $780 million in FDI had already been raised so far this year. He said: “For every country, foreign direct […]
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The Ghana Ports and Harbours Authority (GPHA) has introduced an e-payment portal system to its existing payment methods to enable clients transact business with the Authority more conveniently through a protected system.Mr Francis Donkoh, Corporate IT Manager at the GPHA stated in a document in Tema, which stated clients could access the portal by logging on to the Port Authority’s […]
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The Member of Parliament for Anlo constituency, Hon. Richard kwame sefe has handed over, 700 apprentices to crafts masters and madams in his constituency, as part of initiatives to create employment for the youths. The initiative dubbed, Skills Training Apprenticeship Program, is expected to help mitigate poverty in the constituency. The MP launched this 2-3 year intensive Skills Training Programme […]
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The Attorney General and Minister of Justice Godfred Yeboah Dame has saved the country GH¢1.2 billion judgment debt in a lawsuit filed by NDK Financial Services Limited. A five-member panel of the Supreme Court awarded an amount of GH¢14,689 judgment debt claim to NDK Financial Service instead of GH¢1.2 billion it made against the state. The court presided over by Justice […]
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The Public Utilities Regulatory Commission (PURC), says until a new Board is constituted for the Commission, any announcement of a tariff adjustment will have to wait. Various players in the power and water supply value chains have been advocating for an upward review in tariffs to cater for their rising operational costs. This has resulted in the commencement of a […]
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The Minister for Energy, Dr. Matthew Opoku Prempeh, is confident the load shedding exercise in communities that receive electricity from the Pokuase Bulk Supply Point will end today as scheduled. Last week, the Electricity Company of Ghana rolled out an eight-day power outage schedule for some parts of the national capital to enable it undertake maintenance works on some GRIDCO […]
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The Institute for Energy Security (IES) has projected that the price of gasoil (diesel) on the domestic market at the pumps will fall in the second half of April 2021. Meanwhile, petrol prices are, however, expected to remain the same, the instituted predicts. This was contained in its forecast for the second half of the month. Reviewing the pricing window […]
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“As most of you know, Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa, where legitimate investments are protected. We have witnessed, through the ballot box, three (3) peaceful transfers of power from one political party to another in the twenty-eight (28) year period of the 4th Republic.” These were the words of the President of the […]
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Ghana lost GHS13.6 billion in revenues as a result of the COVID-19 pandemic, Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu has said. Presenting the 2021 budget statement and economic policy on the floor of Parliament on Friday, March 12, 2021, the Minister said the pandemic resulted in economic challenges such as an overall budget deficit which consequently led to shortfalls in […]
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