FOREX RATE

Business

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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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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TRAFFIC AT TAKORADI PORT INCREASES BY 39%

The Public Relations and Marketing Manager of the Takoradi Port Peter Amo Bediako has revealed more vessels with bigger drafts are now able to easily call at the port since the expansion works commenced. He said: “In terms of dredging, the deepest part of the old port was 11 meters …

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COCOBOD engages 124 youth at Wassa East for cocoa pollination

COCOBOD is engaging 124 youth in the Wassa East District as part of the NPP government’s hand pollination of cocoa trees program. The project which is exclusive to cocoa growing districts in the country is intended to increase cocoa harvest and also offer jobs to the youth. “In line with …

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“You are safe” – Takoradi BDCs assure host communities

The Joint Pipeline Management Committee operators of the various petroleum terminals in the Effia Industrial Enclave close to New Takoradi is assuring communities nestling around their operations that there are adequate preventive as well as safety mechanisms in place against any danger associated with petroleum products. The committee comprising of …

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Ignore threats by poultry farmers – Association President

President of the Poultry Farmers Association of Ghana, Victor Oppong Adjei, is asking the public to ignore threats by some poultry farmers that they will deliberately hide disease outbreaks on their farms because they have not been paid compensations for the 2015 bird flu outbreak. Speaking on Skyy Headline News …

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Hike in transport fares pushes inflation up to 13%

The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from 12.8 percent in March, the Ghana Statistical Service has announced. “The rise in inflation rate from 12.8 in March to 13 percent in April 2017 was mainly due to …

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Stop Offering Us “Slave Wages”- WR TUC charges Gov’t

Western Region General Secretary of the Ghana Trades Union Congress Osman Abengo says government should stop offering the Ghanaian worker “slave wages”. According to him figures from the Ghana Statistics Service show that workers are not paid well even though they are forced to work overtime and under dangerous conditions. …

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