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Women urged to study Millennium Development Goals

Mrs Sabina Anokye-Mensah, National Focal Person on Gender and Energy Network-Ghana, has called on women to be conversant with the Millennium Development Goals (MDG) so as to contribute towards its implementation. She said some aspects of the MDGs concern women and therefore failure to be abreast with the document would …

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Oil Marketing Companies gear up for Ghana’s oil discovery

The Association of Oil Marketing Companies (AOMC) of Ghana on Wednesday outlined measures to ensure that Ghana’s oil discovery becomes a blessing rather than a curse to the nation, as is being experienced in some oil producing nations. Speaking in an interview with the Ghana News Agency in Accra, Mr …

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NGOs support agriculture in Brong-Ahafo Region

Care Gulf Agriculture and Natural Resources (CGGANR) in collaboration with the Tamale office of Care International and Abrono Organic Farming Project (ABOFAP) are embarking on Local Extension Services for Agricultural Development (LEAD) in the country. Nana Kwaw Adams, Twafohene of Forikrom and Executive Director of ABOFAP said this when briefing …

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Rural banks asked to do organizational, operational restructuring for efficiency

Mr. Eric Osei-Bonsu, Managing Director of the ARB Apex Bank, has appealed to Rural and Community Banks (RCBs) to do more by way of operational and organizational restructuring to enhance efficiency. This, he said, was necessary to enable them to meet the challenges of the increasing competitive and turbulent business …

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Ghana to implement International Forest Instrument

A workshop to sensitize relevant stakeholders on the implementation of the International Forest Instrument in Ghana has been held at Akyawkrom near Ejisu in Ashanti. The day’s workshop was organized by the Forestry Commission in collaboration with the United Nations Food and Agriculture Organization (FAO), the National Forest Programme Facility, …

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African leaders advised to form economic, social ties

Leaders of African countries have been urged to forge strong economic and social ties with each other similar to what they build with the Western countries. Nii Adjei Kraku II, Tema Mantse, who made the call, said it was time African countries saw each other as partners instead of competitors …

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Ghana’s oil import bill drops

Oil import bill saw a sharp decline of 66.1 per cent in the first half of the year, Dr Paul Acquah Governor of the Bank of Ghana, said on Tuesday. Speaking at a press conference after a meeting of the Monetary Policy Committee, Dr Acquah said an estimated US$449.61 million …

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Three commercial banks meet Bank of Ghana recapitalization requirement

Three commercial banks operating in Ghana have met the requirement of the Bank of Ghana to recapitalize. Speaking at a press conference Tuesday July 21, 2009, the governor of the central bank, Dr. Paul Acquah, announced that three banks have been able to raise the amount to meet the requirement …

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Ghana government urged to extend credit to farmers

Mr. Joseph Oppong Ofori, Ashanti Regional Chairman of the Food Crop Processors Association (FCPA), has said lack of credit facilities to farmers to expand their farms was a major obstacle affecting rice production in the country. He has therefore appealed to the government to provide them with adequate funds to …

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Prime rate still unchanged at 18.5% as Ghana’s economy stabilizes

The central bank, Bank of Ghana has held its lending rate, the prime rate still at 18.5%, following the effectiveness of the country’s economic stabilization process. At a press conference of the Monetary Policy Committee (MPC) of the Bank, Tuesday July 21, 2009, the governor of the Bank of Ghana, …

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