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Bank of Ghana to introduce GH¢2 bank note

The Bank of Ghana will introduce new GH¢2 banknotes to serve as an intermediary banknote between the GH¢1 and the GH¢5 banknotes. The bank however, has not indicated a time frame for the exercise. In a press release copied to ghanabusinessnews.com Thursday February 25, 2010 the central bank says after …

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Court orders bank to pay GH¢88,700

A High Court at Agona Swedru on Wednesday ordered the Akyempim Rural Bank at Gomoa Dawurampong to pay GH¢88,700 to Mr Simpa Osei Kwabia, Managing Director of Sokai Enterprise. The money was in respect of GH¢6,500 Mr Kwabia claimed had been taken from his store and the cost of trinkets …

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Ghana’s producer price inflation falls to 25.57% in January

The annual Producer Price Index (PPI) inches up 0.68 per cent to 189.61 in January. The corresponding rate in December was 188.32. This brings the respective yearly change between January 2009 and January 2010 to 25.57 per cent, representing a decline of 2.14 percentage points. Mr. Magnus Ebo Duncan, Head …

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Local rice production increased by over 30% in 2009 – Mills

Ghana’s local rice production increased by over 30% last year, President John Evans Atta Mills has said. Giving the State of the Nation Address in Parliament Thursday February 25, 2010, the President said a progressive agriculture policy that will lead to lower food prices and food security is being implemented. …

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Afram Plains farmers' want Fulani herdsmen flushed out

Settler farmers in the Asante-Akim North portion of the Afram Plains have appealed to the government to help flush out Fulani herdsmen, terrorizing and destroying their farms. The activities of the herdsmen have become a major source of worry to the people. The Fulanis have been setting vast farm lands …

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Workshop on procurement management in Takoradi

A three-day capacity building workshop for members of the Western Regional Co-ordinating Council on the implementation of the procurement law, opened in Takoradi on Wednesday. The workshop, being organised by the Local Government Service, attracted Metropolitan, Municipal and District Chief executives, Co-ordinating directors, Budget, Finance and Planning Officers. Ms Betty …

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Number of schools on school feeding programme to go up

Government plans to increase the number of schools that would benefit from the ongoing Ghana School Feeding Programme(GSFP), Mr Joseph Yieleh Chireh, Minister for Local Government and Rural Development, said in Accra. He said “to reiterate the manifesto of the National Democratic Congress (NDC) to expand coverage to include all …

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Ministry to establish national database on human trafficking

The Ministry of Women and Children’s Affairs (MOWAC) in collaboration with Rescue Foundation, a non-governmental organisation is establishing a national data base on human trafficking to depict the enormity of the problem The ministry is now administering questionnaires expected to be completed by the end of February, 2010. Mr. Richard …

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Cadbury transfers £500,000 to Ghanaian cocoa farmers

Cadbury Dairy Milk has transferred over 500,000 pounds in premium to cocoa farmers in the country as a result of the company’s purchase of Fairtrade cocoa. Mr. James Boateng, Managing Director of Cadbury Ghana, who announced this, said the premiums will go directly into projects that farmers had determined, including …

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