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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 US and African partners is to develop command, control and communication tactics, techniques and …

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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 commission to directly engage workers to discuss the SSPP and …

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Farmer in court for stealing fermented cocoa beans

The Kade District Magistrate Court presided over by Mr Abdul Majid Iliasu, on Monday granted GH¢800 bail to Alex Odame, a farmer, who was arraigned before the court for stealing fermented cocoa beans belonging to a female farmer. Odame, who pleaded not guilty, would re-appear on April 08. Police Inspector …

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Ghana has no clear cut legal framework to check environmental offences – Minister

Dr Edward Omane-Boamah, Deputy Minister of Environment, Science and Technology (MEST), on Monday expressed worry about the lack of national laws to check environmental offences and mismanagement. “There is no clear cut legal framework to check environmental mismanagement, so sometimes when confronted with a problem one does not know what …

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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 year under review coupled with improved loan recovery. The …

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Newmont Ghana committed to paying compensation to farmers

Newmont Ghana had reiterated its commitment to act with integrity, trust and respect, and in ways consistent with its social responsibilities, values and policies. In implementing its commitment, the company assured all individuals with farms and immovable property, which will be impacted by its Akyem Project that they would be …

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IMF recommends early decision on electricity tariff increases

The International Monetary Fund (IMF) has made recommendations to the government of Ghana to adjust electricity tariffs. The recommendation which was made at the end of an IMF mission to Ghana is suggesting the adjustment to keep Ghana’s budget intact. The recommendation was made after an IMF mission visited the …

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Nigeria can’t supply gas to Ghana, others for power generation – VRA Boss

Controversies and uncertainty appears to be the lot of the hyped West Africa Gas Pipeline (WAGP) project which was to produce and supply Liquefied Petroleum Gas (LPG) for the generation of electricity power to West African countries. The start date for the project has been changed several times and now …

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World Bank approves $228m for West Africa transport corridor

The Board of Directors of the World Bank last week approved a facility for $228 million for the first phase of the Abidjan-Lagos Trade and Transport Facilitation Programme, the Bank has said in a press release copied to ghanabusinessnews.com. According to the release, the project will help overhaul the main …

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World Bank organizes debate on export competitiveness

The World Bank Group is organizing a debate on export competitiveness in Accra, today Monday March 29, 2010. The Bank is organizing the debate in collaboration with several African countries, the Bank has said in an invitation letter to ghanabusinessnews.com. The Bank describes the event as a “groundbreaking debate among  …

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