Author Archives: Lawrence Segbefia

Yara Ghana Supports 33rd  National Farmers Day Celebrations

Yara Ghana limited has donated an amount of GHS 25,000.00 (Twenty Five Thousand Ghana Cedis) and one hundred bags of its premium YaraMila Actyva fertilizer to the Ministry of Food and Agriculture as part of the awards to farmers during the 33rd National Farmers Day Celebrations. The donation is part of the company’s numerous interventions to support farmers and the ...

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ABL extends alcohol and pregnancy programme to KATH

Accra Brewery Ltd. (ABL) has extended its Alcohol and Pregnancy Programme to the Komfo Anokye Teaching Hospital (KATH) as part of its efforts to create a Healthier World. The Programme sensitises pregnant women on Foetal Alcohol Spectrum Disorders (FASDs), which refer to a group of conditions characterised by facial deformities, behavioural, and learning problems that occur in persons whose parents, ...

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Manufacturing subsector records more investment

The Chief Executive Officer of the Ghana Investment Promotion Center(GIPC), Yofi Grant has disclosed that the manufacturing sub-sector has recorded some increase in investment in the third quarter of the year. The GIPC is targeting five billion dollars of Foreign Direct Investment by end of 2017. Speaking on the Citi Breakfast Show to discuss the 2018 budget, Mr. Grant maintained ...

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IES predicts 3% increase in fuel prices

Consumers will be expected to pay more at the pumps in the second pricing window of this month. The Institute of Energy Securities (IES) is predicting a three to six percent increase in fuel prices. Principal Research Analyst at the IES, Richmond Rockson who spoke to Citi Business News attributed the development to the marginal depreciation of the cedi, as ...

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Banks will be stronger with new capital requirement

Former CEO of Ecobank Group, Arnold Ekpe has said that the move by the Central Bank to increase the minimum capital requirement will enable banks to finance big-ticket transactions of the government. The Bank of Ghana (BoG) in September this year revised upwards the minimum capital requirement for banks from 120 million cedis to 400 million cedis, as part of ...

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#Ghbudget: Gov’t to launch National Development Bank

The Finance Minister, Ken Ofori-Atta, has announced that government will launch a National Development Bank, with the capacity to mobilize private capital towards agricultural and industrial transformation. According to him, Government has already set-up a task force to develop a road-map for the establishment of the bank. Mr. Ofori-Atta made the announcement during the presentation of the 2018 budget statement ...

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#Ghbudget: Gov’t budgets GH¢62bn for 2018

Government expects to spend an estimated 62 billion cedis in the 2018 financial year, Finance Minister Ken Ofori-Atta has revealed. This is equivalent to 25.7 percent of the country’s Gross Domestic Product (GDP), and represents an annual growth of 14.5 percent. The Finance Minister made the announcement today, Wednesday, November 15, 2017, in parliament during the national budget presentation. According ...

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#Ghbudget: Gov’t targets 6.8% growth rate in 2018

The Finance Minister Ken Ofori-Atta has announced that government intends to grow the economy by 6.8 percent in 2018. This represents a 0.5 percent increase, compared to 2017 which was pegged at 6.3 percent. Presenting the 2018 Budget and Financial Statement in parliament today, Monday, November 15, 2017, Finance Minister, Ken Ofori-Atta, stated that government targets “overall GDP growth rate ...

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Vodafone X delights hundreds to start 3rd anniversary

Mobile telecommunication network, Vodafone Ghana,  through its Vodafone X package, thrilled hundreds of subscribers to commence the third anniversary celebration of the package onto the Ghanaian market. Dubbed: ‘Planet X Party,’ the event was well attended by Vodafone X subscribers who are largely in the youth bracket. The event which was held at the La Tante DC grounds, Airport City, ...

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Accra Brewery donates towards Farmers Day

Accra Brewery Limited (ABL) has donated 20 cartons of each of the brands it produces towards the 33rd National Farmers Day celebration. This reinforces its commitment to investing in a Growing World where everyone has the opportunity to improve their livelihood. Brands in the package comprised CLUB Premium Lager, CLUB Shandy, Eagle Lager, Castle Milk Stout, Chairman Bitters, and non-alcoholic ...

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