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Investment

Avenor Rural Bank’s investment up

The total investment of the Avenor Rural Bank has increased from 32.10 per cent from GH¢3,986,226.00 in 2015 to GH¢5,265,712.00 in 2016, greatly improving the bank’s liquidity and reserve requirements. The Bank’s total assets also increased from GH¢11,311,838.00 in 2015 to GH¢12,051,490.00 in 2016, an increment of 6.54 per cent, …

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Ghana Investment Promotion Centre signs MoU with Oxford Business Group

The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Oxford Business Group (OBG) for its forthcoming publication dubbed: “The Report: Ghana 2018”. Under the MoU, GIPC, a longstanding partner of OBG, would contribute to the Group’s research for the publication. A statement from OBG and …

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Ghana Stock Exchange suspends trading in Cocoa Processing Company shares

The Ghana Stock Exchange (GSE) has suspended trading in the shares of the Cocoa Processing Company (CPC), effective today, August 30, 2017. A statement issued by the GSE said the Company had failed to meet its continuing listing obligations, in spite of several promptings by the GSE. “The suspension of trading …

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SADA to attract investment into livestock sector

The Savannah Accelerated Development Authority (SADA) has held a day’s workshop in Tamale for stakeholders in the livestock industry as part of efforts to stimulate investment into the sector within the SADA zone. The workshop was in line with the country’s 2016 Livestock Development Policy and Strategy aimed at developing …

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Minister woos investors into “One District, One Factory”

Mr Allan Kojo Kyeremateng, the Minister of Trade and Industry, has called on Indian businessmen to take advantage of the Government’s “One District, One Factory” Policy and invest in Ghana. He said the Government’s flagship programme, which would focus mainly on agro-based industries, had good prospects and would be a …

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Ghana Stock Exchange suspends listing of UT Bank

The Ghana Stock Exchange (GSE), has suspended the listing status of UT Bank Limited indefinitely with effect from Monday, August 14, 2017. A statement from the Exchange said UT Bank had failed to publish its financial results since the end of its financial year December 31, 2015.  The non-publication is in …

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GIPC organises forum for young entrepreneurs

The Ghana Investment Promotion Centre (GIPC) has organised a forum for young entrepreneurs to familiarise themselves with the operations of the Centre. The forum, on the theme; “Connect, Accelerate and Grow” was to share the Centre’s strategy and expose the young entrepreneurs to the GIPC ACT 865 as well as …

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Ghana well positioned to attract investors – GIPC

Mr Yofi Grant, the Chief Executive Officer (CEO) of Ghana Investment Promotion Centre, says government has re-position itself as the best country of doing business in the West Africa region. Mr Grant said the centre had engaged in putting together an integrated transportation system of railway, road, water and air …

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More investment needed to push Ghana’s growth – CGCC

Mr Frederick Attakumah, President of the Canada-Ghana Chamber of Commerce (CGCC), has praised the country for maintaining stability and becoming an important investment destination in Africa. The Chamber President, however, said more efforts are required to woo additional investments from abroad in order to meet its socio- economic growth objectives. …

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President Akufo-Addo woos Spanish investors to Ghana

President Nana Addo Dankwa Akufo-Addo on Friday called on the Spanish Government to lend support to his government’s doable transformation agenda for Ghana. Promoting Ghana’s favourable economic and business climate, the President said there were many areas of investment interest that both countries could work at for the mutual benefit …

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