Ghana’s GTP, Woodin sold for $151m

Two of Ghana’s remaining textile prides, GTP and Woodin, have been sold off to Actis, a private equity investor in emerging markets, which currently has $4.8 billion funds under management with a growing portfolio of investments in Asia,…

NPP tells NDC to learn from economic meltdown

The Minority in Parliament has called on the government to learn from the bitter experiences of recent economic meltdown which was caused by investments in the housing sector and take a second look at the STX Housing deal. It also…

Ghana to get more passport application centres

Three new Passport Application Centres (PACs) are to be inaugurated by the close of this month to help ease the congestion and rush at the PAC and the Passport Office in Accra. The new PACS are to be inaugurated in Sekondi, Sunyani and…

Ghana’s 2010 Light Cocoa Crop Season closes

The Ghana COCOBOD has announced the closure of the 2010 Light Cocoa Crop Season. In a press release issued Wednesday September 8, 2010 and copied to ghanabusinessnews.com, COCOBOD said the purchases for the 2010 Light Crop Season will…

Finatradegroup gives equipment to rice farmers

More than 800 rice farmers in the Hohoe Municipality in the Volta Region are to benefit from the services of a modern equipment to boost food production. The GH¢56,000 worth equipment, include a three-in-one Combined Rice Harvester, which…