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Business

Shama District Partners Italian Investors for Industrialization

Government’s industrialization drive has yet received another boost from the private sector as Italian investors have expressed interest in the Small and Medium Scale Enterprises (SMEs) in the Shama District. The investors lead by a delegation from the Marche Region, a highly industrialized area in Italy and the Member of …

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WAMCO: COCOA PROCESSING TO KICK-START

  The embattled cocoa processing company the West Africa Mills Company Limited (WAMCO) will commence the processing of cocoa beans, Member of Parliament for Takoradi Kobby Darko Mensah has indicated. According to the Member of Parliament a team of Biochemist and Quality Control officers have been assigned to undertake inspection …

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FEDERATION OF GHANAIAN JEWELLERS ANGRY WITH GOVERNMENT

The Federation of Ghanaian Jewellers (FGJ) are angry with government over the virtual collapse of their business. The anger , according to the group, is necessitated by the sudden breakdown of the jewellery industry, therefore pushing members out of business. Mr. David Ellemawusi Kweku Nimo, Western Regional Secretary of the …

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Businesses flourished under NDC – Mahama

Former President John Mahama claims that businesses flourished tremendously when National Democratic Congress (NDC) government was in charge of Ghana. Delivering a lecture to open the NDC’s ideological school, the National Institute of Social Democracy, on Friday, John Mahama also said policies the NDC government put in place also pushed …

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Missing cash forces COCOBOD to borrow from BoG

COCOBOD has been forced to contract a loan at the Bank of Ghana(BoG) after proceeds from last year’s Syndicated loan were squandered on non-core activities of the board. Checks by Citi Business News have revealed that COCOBOD will have to pay about 22 percent interest rate on a 200 million …

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CHAMBER OF COMMERCE BACKS PAPERLESS PORT OPERATIONS

The Ghana National Chamber of Commerce and Industry (GNCCI) has thrown its weight behind government for the implementation of the paperless port operations. The Chamber believes that the new system, if carried out properly would address the challenges facing the port operations. Western Regional Chairman of the Chamber Stephanie Abass …

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Sharing insights during the breakout session of the 2017 Festival of Ideas organized by Legacy and Legacy in Accra, Mrs. Lumor stated that Corporate Communications and Public Relations should be part of a well-planned, well executed, cohesive integrated communications strategy seeking to link organizations with identified stakeholders. “The decision by …

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GPHA to establish Ports Infrastructure Development Fund

The Director General of the Ghana Ports and Harbors Authority, Paul Ansah Asare, has said the authority is making efforts to establish a Ports Infrastructure Development Fund to help finance local firms in the maritime industry. According to him, 50% of vessels that call at the Takoradi and Tema Ports …

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WAMCO REVIVAL: AGI COMMENDS GOVERNMENT

The Western Region Branch of the Association of Ghana Industries AGI has patted the New Patriotic Party (NPP) government on its back for its resolve to reviving the defunct cocoa processing company West African Mills Company (WAMCO) AGI believes “the revival will help improve the economy and create jobs for …

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WAMCO Revival: 45 old workers re-engaged

General Secretary of the Industrial and Commercial Workers Union ICU Solomon Kotei has revealed some forty-five (45) old workers of the distressed West African Mills Company WAMCO have been re-engaged on a casual arrangement. According to him the workers have been tasked with a specific mandate to test run machines, …

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Be patient – Takoradi MP asks of traders

  Member of Parliament for Takoradi Kobby Okyere Darko Mensah is entreating traders to exercise patience as the Nana Addo led government works to get the country’s economy on a sound footing. He stated the government incurred huge debts from the previous NDC government but is working at paying off …

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WAMCO will be revived by September – COCOBOD CEO

Chief Executive Officer of COCOBOD Joseph Boahen Aidoo has announced the embattled cocoa processing company the West African Mills Company WAMCO will resume production in September. “I assure you all that by September WAMCO will be revived”. Speaking at a durbar of Chiefs and people of Essikadu in the Sekondi …

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We need money – Cocoa farmers tell government

Some Cocoa farmers are livid on what they have termed ‘no money syndrome’ at the purchasing centers. Nana Boakye, a Chief farmer for the Prestea Huni Valley District in the Western Region, revealed this on behalf of over three hundred (300) farmers who were at Akyekyere Cocoa research center, for …

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Premix shortage: Fisheries minister allay fears despite growing discontent

Fisher folks have over the past few weeks been complaining of shortage of premix fuel along some landing beaches in the Western Region. Complaints are rife in Shama, Ahanta West, Sekondi, Takoraid, Axim, Ellemble, and Jomoro. However  Minister for Fisheries and Aquaculture Development Elizabeth Afoley Quaye insists there is no shortage …

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MYBET.COM SUPPORTS SEKONDI SPECIAL SCHOOL

The Headmistress of the Sekondi School for the Deaf, Favour Aflakpui has appealed to philanthropists, benevolent institutions and corporate bodies to come to the aid of the school. She says the school lacks facilities that would help carry out effective teaching and learning. The Headmistress admits government alone cannot shoulder …

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Takoradi CBD: GRA reopens locked shops

Western Region Public Relations Officer of the Ghana Revenue Authority GRA Charles Forson has indicated shop owners whose shops were locked up at the Central Business District of Takoradi for defaulting on their tax obligations have settled their debts. According to him almost all the affected shop owners have either …

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Government urged to prioritize local companies in $15bn Chinese loan

An Urban Development Specialist Bernard Abeiku Arthur is urging government to structure the $15bn Chinese loan such that local companies take total control of its utilization. He is cautioning government against any arrangement where foreigners will rather control the loan and in the end repatriate it to their countries to …

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FISHERMEN OF WINNEBA TAKE STANCE AGAINST FISHING WITH LIGHT.

Fishermen in Winneba have vowed to ensure no fisherman goes to sea using light to fish. Speaking at a press conference in Penkye a suburb of Winneba, Nenyi Kweku Mbir , the chief fisherman of Winneba , disclosed that unlike other surrounding communities , fishermen in Winneba have not been …

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Takoradi Gold case adjourned to July 4

The Tarkwa High Court presided over by his Lordship A.A Ofori – Attah has once again adjourned the case involving mining company Takoradi Gold and the state and Chinese mining firm Dihao Investments to the 4th of July. This is to allow lawyers of the Minerals Commission to finish and …

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