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Technical barriers to Trade must be stepping-stones – Professor

For the Africa Continental Free Trade Area (AfCFTA) to succeed, countries must ensure that Technical Barriers to Trade (TBT) become stepping-stones rather than obstacles, Professor Alex Dodoo has said. The TBT agreement aims to ensure that technical regulations, standards, and conformity assessment procedures are non-discriminatory and do not create unnecessary …

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Siemens commits to continued investments in Ghana

Technology giant Siemens Ghana has reiterated its commitment to Ghana with a pledge to continue to invest in the economy. Speaking at the third Ghana Customer Day in Accra, Mr Edmund Acheampong, Country Director, Siemens Ghana, said the company’s contributions in the last three years has gone beyond investment to …

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Remittances to developing countries projected to reach $550b

Remittances, which have been identified as main contributors to GDP in low- and middle-income countries are projected to reach $550 billion in 2019, making them the largest source of external financing in these countries. The benefits of remittances from international migrant workers are however reduced by the high cost of …

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Government to introduce comprehensive vehicle financing scheme

Government says it is working with authorized automobile dealers and distributors and financial institutions to introduce a comprehensive vehicle financing scheme to enable Ghanaians buy vehicles made in Ghana. Also, the government says it has entered into discussions and negotiations with global automobile manufacturers, including Toyota Ghana Limited, to establish …

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Ghana invests less in healthcare, education and social protection – Send Ghana

Ghana is investing less funds in health care, education and social protection, especially for the most vulnerable in the society. This means the poorest Ghanaians are subsidizing the living standards of the richest in society. Madam Harriet Agyekum, the Senior Programmes Officer of SEND Ghana, said this at a press …

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GIPC and Malta Enterprise sign MoU to boost trade and investments

The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Malta Enterprise, Malta’s economic development agency, tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations. The MoU empowers both parties to set up a strategic think-tank composed of officers …

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Ghana Stock Exchange to transform to company limited by shares

The Ghana Stock Exchange (GSE) expects to change its legal status from a mutual entity limited by guarantee to a company limited by shares by end of the year. The process known as demutualization will change the ownership structure of the GSE from a non-profit member-based organisation into a profit-making …

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4 envoys present credentials to President Akufo-Addo

Four envoys representing Switzerland, Botswana, New Zealand and Pakistan have presented their letters of credence to President Nana Addo Dankwa Akufo-Addo at the Jubilee House in Accra. The four envoys all harped on the need to deepen the ties and cooperation between their respective countries and Ghana, particularly in the …

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Ghana beats Nigeria as largest FDI receiver in West Africa – UNCTAD

Ghana received the largest amount of foreign direct investment (FDI) in West Africa beating Nigeria, with $3 billion in investments, according to the World Investment Report 2019. “Nigeria is no longer the largest FDI recipient in West Africa. Foreign investors may have adopted a cautious approach and withheld planned investments …

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