Monthly Archives

March 2010

AFC acquires stake in $450m Ghana power project

The Africa Finance Corporation (AFC), a Pan-African financial institution, has acquired a 46 per cent controlling stake in a $450 million power plant being developed in Tema by Cenpower Generation Company, a Ghanaian-owned entity. An…

Ghana Armed Forces to host Africa Endeavour 2010

Ghana Armed Forces (GAF) will host the 2010 Africa Endeavour (AE), a US- Africa Command's annual communications exercise that focuses on inter-operability and information sharing in Accra from August 2- August 12. The exercise between the…

Road show on new pay policy

The Fair Wages and Salaries Commission (FWSC), has embarked on a nationwide road show to provide workers with information to deepen their understanding about the Single Spine Pay Policy (SSPP). The road show is to create a platform for the…

Weto Rural Bank improves on performance

The Weto Rural Bank in the South Dayi District has raised its net profit to 215,658.47 cedis (449 percent) in 2009 up from 39,304.32 cedis in 2008. The performance arose out of Treasury bill investments where the rates doubled during the…