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Standard Chartered Bank to broaden shareholder base

Mr Sanjay Rughani, Executive Director in-charge of Finance of Standard Chartered Bank Ghana Limited (SCB), on Tuesday said management was considering floating bonus shares to expand its shareholder base. “This would ensure availability of more liquidity as well as result in a reduction in the share price of the bank, …

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Government provides 10 per cent electricity subsidies for all consumers

Government is to provide a subsidy of GHC185.79 million, to absorb 10 per cent of the bills of all categories of electricity consumers to cushion them against the recent tariff increases. Under the arrangement, customers who use up to 150 units a month would receive a total of GHC22million, while …

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Coca-Cola Company to support Ghana with biogas and sanitation facilities

Coca-Cola Company in collaboration with the United States Agency for International Development (USAID), has launched a foundation to execute projects in Ghana as part of their social responsibility. The Foundation would initially build a number of public toilet facilities in the Greater Accra Region, a biogas plant and later engage …

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Need to reciprocate government’s commitment in the cocoa industry – Chief Farmer

Nana Kwame Gyawu, 2009 National Best Cocoa Farmer, has appealed to cocoa farmers especially those along Ghana’s borders to reciprocate government’s commitment to the cocoa industry through desisting from cocoa smuggling. He said the government, through the Ghana Cocoa Board (COCOBOD), had shown much commitment with assistance to cocoa farmers …

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EPA says foreigners using cyanide in galamsey

The Environmental Protection Agency (EPA) has cautioned communities to report any foreigners engaged in illegal gold mining in their communities to the nearest EPA office and the police. Mr. Mike Sandow Ali, Tarkwa-Nsuaem Municipal Director of the EPA, told the GNA in an interview at Tarkwa on Tuesday that the …

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Ayariga tours Interplast Ghana Limited

Mr Mahama Ayariga, Deputy Minister of Trade and Industry, on Tuesday visited Interplast Ghana limited to acquaint himself with their operations. He was led on the tour by Mr Hayssam Fakhry, Managing Director and Mr El-Hadji Samudini, General Manager of Exports after a close door meeting. Mr Fakhry said the …

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Burkinabe authorities confirm spillage on Friday

The National Secretariat of National Disaster Management Organisation (NADMO) on Tuesday said the Burkinabe authorities had confirmed that spillage of the Bagre and Compienga Dams would commence on the morning of Friday, August 20. A statement issued in Accra and signed by Mr. Kofi Portuphy, National Co-ordinator, said the spillage …

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Ahafo-Ano South complains about inadequate health personnel

Dr. Albert Oduro, Medical Superintendent in charge of the Mankranso Government hospital in the Ahafo-Ano South district has complained about inadequate health personnel in the area, saying this is a major challenge that needed immediate solution. Only one medical doctor and a medical assistant have been taking care of a …

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Ghana finally gets gas from WAPCO for power generation

The long-awaited plan of the West African Gas Pipeline Company (WAPCO) to supply gas to the Volta River Authority (VRA) through an alternative delivery point in Tema finally came on stream yesterday with the delivery of 60 million British thermal units (mmbtu) of free flow gas to the authority for …

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GHS inaugurates a GH¢300,000-drug production Unit

A GH¢300,000 production unit to manufacture specialized drugs constructed by the Ashanti Regional Medical Stores of the Ghana Health Service (GHS), has been inaugurated in Kumasi. The facility, financed through Internally Generated Fund, will produce quality and affordable drugs such as syrup and mixture upon request by health facilities. Alhaji …

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