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Enforce GIPC law – CIBA

THE NATIONAL Chairman of the Council of Indigenous Business Associations (CIBA), Shallovern Srodah has lamented that despite the passage of the new Ghana Investment Promotion Centre Act 2013, very little transformation had been seen in the retail sector with respect to the operations of foreigners. Mr Srodah said foreigners continue …

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Over 100 consumers win Gold in ‘Star Win Gold Promo’

GHANA’S LIQUID gold, Star Beer, has rewarded over 100 consumers in the on-going Star Win Gold Promotion, with 2.5g gold bars each. The promotion, which was launched in December 2017, seeks to reward loyal consumers with gold bars. Manager for Lagers at Guinness Ghana Breweries Limited, Carsten Schemmer, said “this …

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Malpractices at ports to affect 1D1F programme – AGI

ALL FACTORIES under government’s One-District-One-Factory initiative will find it difficult to survive should the trend of malpractices and revenue leakages at the ports continue, Association of Ghana Industry (AGI) has said. President of AGI, Dr Yaw Adu Gyamfi said some importers are finding ways to evade tax and duties through …

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TOR workers kick against plans to build new refinery in Tema

WORKERS OF Tema Oil Refinery (TOR) are kicking against plans to build a new refinery next to the current facility. The workers say they are shocked at the news since TOR has a development plan towards expanding the current refinery. Chairman of the General Transport, Petroleum and Chemical Workers Union …

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Upper Manya Rural Bank donates to Klo-Agogo SHS

BY MUNTALLA INUSAH muntalla.inusah@dailyheritage.com.gh IN ITS effort to support government’s quest to transform education in the country, the Board and Management of Upper Manya Kro Rural Bank Limited has presented 100 pieces of double student beds to Klo Agogo Senior High School in the Eastern Region. The school, which has …

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COCOBOD to sell $556m of debt, end subsidies

GHANA’S COCOA regulator, Ghana Cocoa Board (COCOBOD), will sell as much as GH¢2.5 billion ($556 million) of debt to pay for liabilities and operational costs while pledging to end subsidies for farmers, according to a deputy finance minister. The debt sale follows an option by COCOBOD to prop up farmer …

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Fuel prices to be stable in February – IES

THE INSTITUTE of Energy Security (IES) has stated that prices of fuel can remain stable if the government intervenes through the National Petroleum Authority’s Price Stabilisation mechanism. According to Mr Richmond Rockson, Principal Research Analyst, the stabilisation is as a result of negative price indicators such as 5% jump in …

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15% of Exxon Mobile contract not best – Energy experts

DR STEVE Manteaw, an energy expert and a member of Public Interest and Accountability Committee (PIAC) has said that it is important Ghanaians have full access of  the Exxon Mobile contract to get to know what has been negotiated, especially in their name and in what the terms are. The …

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Demo over hike in fuel prices looms

THE CHAMBER of Petroleum Consumers (COPEC) has warned that it would hit the streets to demonstrate against the government should it announce an increase in the prices of fuel. Mr Duncan Amoah, Executive Member of COPEC, who issued the threat in an interview with the DAILY HERITAGE, said the group …

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ERDUK is best GHACEM distributor for 2017

ERDUK Company Limited, a leading GHACEM distributor from Kumasi has been adjudged the overall best cement distributor for 2017 at the just ended GHACEM Customers’ Appreciation Night, held to reward outstanding distributors and customers. This is the third consecutive time ERDUK Company Limited had won the award; this time beating …

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