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Ghana, China trade reaches $7.5b in 2019

China is currently the largest investor in Ghana by the number of registered projects. It is also Ghana’s biggest trading partner with the total value of trade reaching a record $7.46 billion in 2019. These were said during the maiden Ghana-China Economic and Culture week, which is underway as part …

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AfCFTA to commence on January 1, 2021 as planned – Mene

Mr Wamkele Mene, Secretary General of the African Continental Free Trade Area (AfCFTA), says the continental trade regime will take off as planned on January 1, 2021. He said the AfCFTA Secretariat was targeting January 2021 for the commencement of the implementation of the free trade agreement following its postponement …

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Ghana inflation rate for September inches down to 10.4%

The year-on-year inflation rate for September 2020 recorded a marginal drop at 10.4 per cent compared with 10.5 per cent the previous month, driven by negative month-on-month food inflation. Month-on-month inflation between August 2020 and September2020 was -0.2 per cent, predominantly driven by negative month-on-month Food inflation of -0.5 per …

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The fastest way to send criminal cash: Money transmitters

…Western Union, MoneyGram and the Hidden Role of Money Transmitters in Laundering Cash  No, this former vice president cannot have his seven planes back. In May, the International Criminal Court ruled that Jean-Pierre Bemba Gombo, former vice president of the Democratic Republic of Congo, will not be compensated for spending …

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Alleged kidnappers abandon victim over gender preference

Some unidentified men who allegedly kidnapped a teenager, on Friday, in Ho later abandoned him when an unidentified voice told the perpetrators that they rather needed a girl. The victim, (name withheld), narrated to the Ghana News Agency (GNA) from his hospital bed that some unidentified men took him hostage …

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Ministry of Finance welcomes Special Prosecutor’s risk assessment of Agyapa

The Ministry of Finance says it welcomes the decision of the Special Prosecutor to undertake the risk assessment and views it as an opportunity to address some of the concerns raised in respect of this transaction. In a statement issued by the Public Relations Unit, the Ministry said such an …

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Bring murderers of Mfantseman MP to book quickly – President to police

President Nana Addo Dankwa Akufo-Addo has expressed shock at the murder of the Member of Parliament for the Mfantseman Constituency in the Central Region, Mr Ekow Kwansa Hayford, by suspected armed robbers. Mr Hayford, 49, was shot by unknown assailants who stopped his vehicle on the Abeadze Dominase – Abeadze …

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Government and Cenpower agreement to save up to $3b – Ministry

Cenpower Generation Company Limited (Cenpower) has committed to switching its primary fuel from light crude oil (LCO) to natural gas and signed a gas supply agreement (GSA) with the Ghana National Petroleum Corporation (GNPC). Gas operations are expected to begin by the end of this week. A statement issued by …

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