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Bank of Ghana to smoothen fluctuation of the cedi – Governor

The Bank of Ghana will continue to smoothen out short-term fluctuations of the cedi against major international currencies to minimise the disruptive effects of such flows, Governor of the Central Bank, said in Accra on Friday. Speaking on the recent developments in the foreign exchange market, Mr Kwesi Amissah-Arthur said …

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Government to launch “White Gold” campaign to revamp cotton industry

Government would launch a programme to revive the cotton industry next month dubbed: “White Gold” campaign at the cotton producing zones. A statement signed by Nana Akrasi Sarpong, Acting Director of Communications and Public Affairs of the Ministry of Trade and Industry, said the campaign was aimed at encouraging farmers …

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President Mills commissions $40m-cocoa processing company

President John Atta Mills, on Friday commissioned a 40-million-dollar wholly owned Ghanaian cocoa processing company, Plot Enterprise (Ghana) Limited, at Mpintsin near Takoradi. The President observed that some cocoa processing companies in the past collapsed few months after their commissioning because of lack of cocoa beans. President Mills urged the …

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Ghana Standards Board warns of sub-standard cement on the market

The Ghana Standard Board (GSB) has cautioned the public not to patronize newly introduced Portland cement on the market, “Global Premium Cement”, stating it is sub-standard. Tests results, the Board says, show that the new cement product is unsuitable and could pose danger to the building industry. The warning is …

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KMA sacks three City Guards for misconduct

The Kumasi Metropolitan Authority (KMA) has summarily dismissed three of its City Guards for misconduct. It has, additionally, referred them to the police for thorough investigation and possible prosecution. Diana Adutwumwaa, Osei Kwadwo Sarkodie and John Antwi, were said to have embarked on an unauthorized exercise to impound a mini-Urvan …

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Northern Region holds stakeholders meeting on road safety

The Northern Regional Road Safety Commission and other stakeholders have met to develop effective and efficient strategies to help to reduce accidents in the Tamale Metropolis. The meeting brought together representatives from the National Road Safety Commission (NRSC), the Motor, Traffic and Transport Unit (MTTU) of the Police Service, leaders …

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Galamsey operator jailed 10yrs for possession Indian hemp

The Tarkwa Circuit Court has sentenced Kwame Amewugah, 27, a galamsey operator to 10 years imprisonment for possessing Indian hemp. He pleaded guilty. Prosecuting Police Inspector Florence Tawiah told the court presided over by Mr Samuel Obeng Diawuo that on June 1, 2008 at a about 1030 hours, the Police …

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New law to ensure that 18-year-olds marry without consent

The Sekondi-Takoradi Registrar of Marriages, Mr Francis Adams, has announced that the country would soon pass a new marriage guideline that would ensure that 18 –year- old persons marry without parental consent. He said the new guideline was being debated by marriage legal pundits and would be promulgated by the …

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Court orders arrest of journalist who failed to appear before it

A Circuit Court in Accra on Friday issued a bench warrant for the arrest of Ferdinand Annoh, a journalist for failing to appear before it. Annoh is standing trial for allegedly issuing a dud cheque to a businessman whom he bought a 4×4 vehicle valued at GH¢14,000. Charged for issuing …

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Britain to double trade with Ghana by 2015

Britain said on Friday it intends to double its bilateral trade with Ghana by 2015. The European nation commended Ghana as a country with a reputation of good governance and expressed the desire to intensify bilateral trade with Ghana and other key African nations under its new foreign policy. Mr …

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