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Ghana to help develop Equatorial Guinea’s agricultural sector

Ghana on Thursday pledged its support to the Republic of Equatorial Guinea to develop its agricultural sector, with an assurance of Government assistance to develop the private sector to make investment in agriculture more attractive. Acknowledging that the private sector is the engine of growth, President Mills bemoaned the not …

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Otumfuo calls on financial institutions to increase credit to agriculture

Otumfuo Osei Tutu II, Asantehene, has tasked financial institutions to do more to increase access to loans by farmers and agri-businesses. They should also collaborate with research institutions to devise innovative means through which farmers could be trained to adopt improved technology in their work, for increased productivity, to help …

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Cocoa production in Assin District increases in 2010

Cocoa production in the Assin District of the Central Region increased from 11,625.4 tons in 2008-2009 Cocoa season to 12,500.4 tons in 2009-2010, Mr Francis Offe-Sakyi, Assin District Quality Cocoa Control Officer has said. He said this was as a result of sensitization of farmers, mass spraying of cocoa farms …

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Minister says government committed to modernizing Ghana’s agriculture

Dr Alfred Tia Sugri, the Deputy Minister of Food and Agriculture, has said the government was committed to modernizing and commercializing agriculture. He said the government had a vision and commitment to the people and would therefore modernize and commercialize agriculture to improve food security, employment opportunities and to reduce …

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Government says has enough money for Single Spine Pay

The government of Ghana says it has enough funds to sustain the country’s new salary system, the Single Spine Pay Policy (SSPP). The Daily Graphic issue of Thursday September 9, 2010 reports a deputy Finance Minister Seth Terkpeh as saying that the cost of financing the SSPP had been included …

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Ghana sets up committee to fight cocoa smuggling as country loses about $340m

Ghana’s major cash crop is cocoa, but the country seems to be losing badly needed foreign exchange from cocoa export as smugglers have become unrelenting in sneaking the product out of the country. In a telephone interview with ghanabusinessnews.com, Dr. Yaw Adu Ampomah, Deputy CEO of the COCOBOD, the national …

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Ghana, IDA sign six financing agreements worth $313.3m

Ghana and the International Development Association of the World Bank on Wednesday signed six financing agreements totalling $313.3 million to support various sectors of the economy. The support in the areas of energy, social services, water and sanitation, information technology, agriculture and natural resources, comprises two new projects, two additional …

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Ghana Pentecostal Council denounces attacks on Judiciary

The Ghana Pentecostal Council (GPC) on Wednesday expressed concern about the verbal attacks on the Judiciary following recent losses of high profile cases brought by the Attorney General against former officials in the erstwhile New Patriotic Party (NPP) administration. A statement issued in Accra and signed by Apostle John Annan …

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Ghana’s GTP, Woodin sold for $151m

Two of Ghana’s remaining textile prides, GTP and Woodin, have been sold off to Actis, a private equity investor in emerging markets, which currently has $4.8 billion funds under management with a growing portfolio of investments in Asia, Africa and Latin America. Specifically, the private equity firm has paid a …

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NPP tells NDC to learn from economic meltdown

The Minority in Parliament has called on the government to learn from the bitter experiences of recent economic meltdown which was caused by investments in the housing sector and take a second look at the STX Housing deal. It also suggested that if the government was bent on providing the …

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