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CONIWAS supports 20% tax on bottled, sachet water in Ghana

Contrary to public outcry on the imposition of a 20% ad valorem tax approved by Parliament on sachet and bottled water in the country, the Ghana Coalition of NGOs in the Water and Sanitation sector (CONIWAS), has lauded the move and declared its support for its implementation. The Coalition has …

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AngloGold Ashanti suspends operations at Iduapriem mine in Ghana

AngloGold Ashanti, one of the major players in the mining industry in Ghana, has suspended operations in one of its mines in the country – the Iduapriem Mine. In a press statement copied to ghanabusinessnews.com Friday February 19, 2010, AngloGold Ashanti says the company suspended operations following discussions it had …

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Bank of Ghana cuts policy rate to 16%

As widely expected the Bank of Ghana has cut its policy rate by 200 basis points from 18% to 16%.  The Governor of the central bank, Mr. Kwesi Amissah-Arthur announced the new rate at a press conference at the bank Friday February 19, 2010.  He said the Monetary Policy Committee …

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U.S. Embassy in Ghana to introduce Electronic Visa Application Form

Ghanaian travellers to the US will soon apply for their visa electronically as the US Embassy introduces a new system of application that eliminates paper work. The fully web-based nonimmigrant visa application from, the DS-160, will replace the current Electronic Visa Application Form (EVAF), an invitation letter to the launch …

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Bank of Ghana to cut interest rate today

The Bank of Ghana Monetary Policy Committee (MPC) started its quarterly meeting Monday to review the performance of the Ghanaian economy. Today Friday February 19, 2010 the MPC will meet the press at a press conference and issue a statement. And for the first time, it is certain that the …

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Re-constituted taskforce to plan medium term development inaugurated

A 14-member reconstituted Plan Preparation Taskforce charged to come out with a medium term development plan for the Ahafo-Ano North District has been inaugurated. It would take critical look at the physical development needs and aspirations of the people and harmonize these with the national development goals and objectives. The …

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Oil palm processors commend JICA

Four oil palm processing groups in the Ashanti Region have commended the Japanese International Cooperation Agency (JICA) for initiating a training programme to enhance their operations. The training had not only helped to increase their output and improve on the quality of their products but had also significantly raised the …

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World Bank organises stakeholder workshop on Ghana oil and gas sector

The acting Finance Officer of the Centre for Development Partnerships (CDP) of the World Bank, Ms Akyaah Dapaah has called for collaborated efforts to sensitise the public about the effective management of the oil and gas discovery. She said that the CDP/World Bank has set up a civil society fund …

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Ghana Customs transfers 60 personnel from Aflao

The Management of Customs Excise and Preventive Service (CEPS) has transferred more than 60 personnel from the Aflao Sector. A statement to the Ghana News Agency in Accra on Thursday signed by Mr. Imoru Farouk Adam, Deputy Commissioner of CEPS in-charge of Administration and Human Resource, said the measure was …

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Tullow Oil to promote local content in Ghana operations

Tullow Ghana on Thursday said it remained committed to the promotion of local content in its business, but would continue to place even greater premium on the value of safety for all stakeholders. In a statement signed by Mr. Anthony Djokoto, Senior Legal Counsel of Tullow Ghana, the company said …

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