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Biotechnology is panacea for Africa’s green revolution
Africa missed the Green Revolution, which helped Asia and Latin America achieve self-sufficiency in food production, missed the Industrial Revolution, but Africa cannot afford to miss another major global 'technological revolution', which…
One million shea seedlings to be nursed in northern Ghana
Savanna Plantations, a Tamale-based plantations development organisation that is into cultivation of mangoes, shea nuts, neem, agro forestry and epiculture (bee keeping), is to nurse one million shea seedlings for onward distribution to…
Ghana loses $70m in petroleum income tax in two years – Platform
Ghana has within the spate of two years lost about US$70 million that could have accrued to the country, in view of the failure to amend or harmonise its petroleum income tax law (PITL), the Civil Society Platform on Oil and Gas, an…
Single Spine Pay Policy must stay – National Forum
The National Forum on the sustainability of the Single Spine Pay Policy (SSPP) has affirmed that “the SSPP presents a unique opportunity for realizing equity and fairness in managing compensation within the principle of transparency in…
TEN oil project to cost $4.9b as Tullow plans to sell part
The cost of developing the Tweneboa, Enyenra and Ntomme (TEN) oil fields offshore Ghana is estimated to be around $4.9 billion, according to operators at the field.
The TEN's Plan of Development (PoD) which was approved by the Ghana…
MODEC wins contract to supply FPSO for Ghana’s TEN oil project
Japan's MODEC is to supply the second Floating Production, Storage and Offloading (FPSO) vessel for Ghana's next big oil project known as TEN.
MODEC announced August 5, 2013 that Tullow Ghana has awarded it contracts for the supply,…
Ghana’s economy makes ‘insignificant’ pickup in 2013 second quarter – BoG
The Ghanaian economy recorded a marginal increase in activities during the second quarter of 2013, the central bank's index shows.
According to the Bank of Ghana, its Composite Index of Economic Activity (CIEA), on year-on-year basis,…
As Ghana’s foreign reserves fall to $4.9b, government eyes Eurobond and cocoa loan
As Ghana's foreign reserves dip by $436 million in the first six months of 2013, the government is banking its hopes on the recently issued Eurobond and the cocoa syndicated loan to come to the rescue, the central bank has indicated.
The…
Ghana cuts trade deficit by $100m in first half 2013
...as cocoa, gold earnings drop
Ghana has improved on its trade deficit. The country during the first-half of 2013 reduced its trade deficit by $100 million, new data shows.
The trade deficit marginally improved to $1.2 billion during the…
Ahead of election verdict: Bank of Ghana refutes ‘massive’ cash withdrawal claims
Ghana's central bank has indicated that there has not been massive cash withdrawals at banks in recent times as the Supreme Court prepares to give verdict on the election petition case.
Media reports early this week suggested that there…