Politics

GH¢20m sweet-potato processing factory to transform rural economy

President Nana Addo Dankwa Akufo-Addo is hopeful that the new GH¢20million Sweet Potato Processing Factory under construction will transform rural communities in and around Gomoa Bewadze in the Gomoa West district of the Central Region. The factory, to be operated by CASA de ROPA Limited – a wholly-owned Ghanaian private agribusiness company financed by the Ghana Export Import (EXIM) Bank – is yet ...

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Govt. to support entrepreneurs with GH¢30m

The Ministry of Business Development has announced that government, in partnership with the Institute for the Creation and Development of Enterprise (INCYDE) foundation and CASA África, will allocate GH¢530million to train 2000 young entrepreneurs across the country beginning March 2019. The announcement was made at the signing of an Agreement between the ministry and INCYDE foundation of Spain for the ...

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Vodafone makes two senior management appointments

Vodafone Ghana has announced two key Senior Management appointments as it continues to chart a leadership course in innovation and creativity across the Telecommunications landscape. Following its entry into the industry, Vodafone has been at the forefront of a transformational agenda, introducing dynamic products and services for customers and maintaining a key voice in thought-leadership. The appointments are to provide ...

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Equity market post mixed results

Equity market indices posted mixed performances, with the index for the financial sector weighed on by speculative actions, profit talking and heightened uncertainties ahead of the deadline for the new minimum capital requirements for banks. The benchmark index, on the other hand, surged on the back of the price advancement in the heavy capitalised telecommunication stock. At the closing bell ...

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Exciting times await banking sector in 2019 — PwC

In spite of what many experts have described as a big turmoil in the financial services sector, PricewaterhouseCoopers (PwC) is predicting exciting times for the banking industry next year. To be driven by digitisation, the international auditing firm is optimistic that the sector, which is now reeling under some serious challenges, will experience growth and exciting innovations, basing its argument ...

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1D1F: Potato Processing Factory is one of the game changers – Akufo-Addo

President Akufo-Addo has expressed overwhelming confidence in the potentials and benefits the Potato Processing Factory at Gomoa Bewadze in the Gomoa West District of the Central Region. According to him, the Potato industry could be a great game changer if given the needed attention and resources. Even though the factory is yet to be completed and commissioned, the company, Casa ...

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INFLATION RATES FOR AUG 2018: IMPLICATIONS FOR YOU AND ME

Inflation is generally the increase in the overall prices of goods and services within a region or area. When there is inflation purchasing power reduces. Purchasing power deals with the ability of the financial resources a person has to purchase a certain amount of goods or acquire certain services. Simply put, in times of inflation you cannot buy the same ...

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Wives have equal share in husbands’ properties even if they contribute nothing towards acquiring them – Lawyer

At a glance: All properties acquired by a husband technically belong to their wives too You cannot will a family land to your children even if you have properties on them because you only have “life interest” in them and not a “succession interest” – your interest ceases when you die When you develop a family property that is not shared among ...

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African entrepreneurship central to the continent’s future prosperity

According to Old Mutual Limited CEO Peter Moyo, driving financial inclusion amongst entrepreneurs and small business owners in Africa will ensure that they are equipped with the knowledge to transform their businesses into productive and sustainable contributors to the continent’s economy. The key to this, he says, is developing a value-driven ecosystem for SMEs in Africa. “A value chain nurtured ...

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MTN’s presence boosts stock market’s capital to GH¢65bn

The total value of the Ghana Stock Exchange has reached 65 billion cedis. It follows the successful listing of MTN on the stock market, on Wednesday [September 5, 2018]. As a result, the telecom company has started trading its shares on the Ghana Stock Exchange. MTN concluded its IPO in July which allows the public to own a stake in ...

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