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Ghana loses millions in VAT revenue

The country is said to be losing millions of cedis in tax revenue annually as a result of the refusal of customers to demand Value Added Tax (VAT) receipts at points of service. Experts and analysts at a workshop in Takora­di said some service providers were exploiting that show of …

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Cocobod dismisses rumours of price reduction

Ghana Cocoa Board (COCOBOD) on Thursday dismissed rumours of a reduction in the producer price of cocoa and asked farmers and the public to ignore them. A statement issued by the Public Affairs Department of COCOBOD stressed that the price of cocoa had not changed since the last review in …

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Workshop on Labour Act opens in Takoradi

A two-day sensitization workshop on the dissemination of the Labour Act (Act 651 of 2003), opened in Takoradi on Thursday. Forty-nine participants are attending the workshop, which is being facilitated by the Business Sector Advocate Challenge (BUSAC), Department for International Development (DFID), Danish International Development Agency (DANIDA) and the United …

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Pastor remanded for allegedly stealing digital camera

Frank Nana, a 32-year-old pastor at Tarkwa, on Thursday appeared before a Sekondi District Magistrate Court for allegedly stealing. The accused, who pleaded not guilty, was remanded to re-appear on February 12 this year. Prosecuting, Assistant Superintendent of Police (ASP), Richard Boatey said the accused stole a digital camera, a …

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Over-liberalised trade affecting rice industry – GRIB

The country’s over liberalized trade system has badly affected the rice industry and this has to be reversed, Mr. Fidelis Avogo, Executive Secretary of the Ghana Rice Inter-Professional Body (GRIB), said on Thursday. “Although GRIB is not advocating a blanket trade blackout, it is restating that, rice being a strategic …

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Malaria tops OPD attendance at Juaso hospital

For the third consecutive year, malaria emerged the top cause of Out-Patient Department (OPD) attendance at the Juaso District Hospital in the Asante-Akim South District in 2008. Out of a total of 68,235 hospital attendances recorded, 21,117 representing 33.8 per cent were malaria-related cases. This represents an increase of 4,510 …

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Bank of Ghana Governor in court for contempt

Dr. Paul Acquah, Governor of the Bank of Ghana, on Thursday appeared before an Accra Fast Track High Court following the filing of a motion to commit him for contempt. In an ex-parte motion, Rockshell International Limited is demanding the payment of GH¢ 700,000 cedis due it in 1996 following …

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Fire guts abandoned vessel at Tema

The swift response by Firemen to attend to an intense fire that gutted an abandoned fishing vessel at the Tema fishing harbour on Friday morning, prevented its spread to adjoining vessels. There was no casualty. Mr Prince Billy Anaglatey, Tema Regional Fire Officer told the GNA at the scene that …

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Court fines Woman for injuring daughter with chisel

The Ajumako District Magistrate’s court, on Wednesday, fined Esi Kormaah from Enyan Denkyira 200 Ghana Cedis for causing harm to her daughter, Blessing Amoah. Kormaah, who pleaded guilty would go to prison for eight months if she fails to pay the fine. Prosecuting, Police chief Inspector Emmanuel Akorli, told the …

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IMF to cut growth forecasts

The International Monetary Fund (IMF) will sharply cut growth forecasts this month and the world will not return to strong growth for two or three years, IMF Managing-Director Dominique Strauss-Kahn said on Wednesday. ‘Things are not improving,’ Mr Strauss-Kahn said in an interview with the BBC’s ‘Hard Talk’ programme. The …

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