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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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Govt must create jobs from Lithium industry-PIAC

A MEMBER of the Public Interest and Accountability Committee (PIAC) has cautioned the government not to hesitate to export the newly found lithium in the Volta Region which is among the top 10 most expensive minerals in the world. According to Mr Kwame Jantuah, Vice Chairman of PIAC, any company …

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Fidelity Bank appoints Julian Opuni as Dep. MD

FIDELITY BANK has appointed Julian Kingsley Opuni as its Deputy Managing Director. Until his appointment, Mr Opuni was the Divisional Director for Retail Banking where he played a key role in building the retail business of the Bank. He brings on board a wealth of experience in banking, having worked …

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Customers to win four Hyudai cars in MTN 4G ‘Taking over Promo’

MTN HAS introduced its first 4G LTE based on its conviction that the technology can positively impact growth and development in Ghana. At the ceremony Mr Noel Kojo-Ghanson, Ag Chief Marketing Officer, MTN said that the company believes that the service has been enormous benefits to customers who signed on …

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Review petroleum taxes – COPEC urges govt

THE CHAMBER of Petroleum Consumers (COPEC)  Ghana has challenged the government to, as a matter of urgency, give Ghanaians some relief by reviewing the numerous taxes in the petroleum pricing build-up to bring about some stability and reductions to ease the pressure on them. Mr Solomon Kotei, General Secretary of …

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$2.25-billion Bond: Finance Minister dragged to Supreme Court

A PRESSURE Group, Dynamic Youth Movement of Ghana (DYMOG), has dragged the Finance Minister, Ken Ofori, the Commission on Human Right and Administrative Justice (CHRAJ) and the Attorney General to the Supreme Court over the ‘infamous’ GH¢ 2.25-billion Eurobond. Last year, the minister announced the successful issuance of 15 and …

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