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As the first rays of daylight pierced a thick haze blanketing the Ndogpassi neighborhood, several dozen angry men appeared, seemingly from nowhere. They formed a human barrier across the main entrance to a natural gas power plant in the east of Douala, Cameroon’s economic capital. Some of the men laid …

President Nana Addo Dankwa Akufo-Addo, on Thursday, said Government has recruited 3,000 unemployed persons under the Digital Marketing and Entrepreneurship Programme for skill training. He said the programme was launched at the Accra Digital Centre by Mr Yaw Osafo Maafo, the Senior Minister on Thursday, February 8, with the beneficiaries …

Cocoa Processing Company (CPC) is in talks with a syndicate of banks to restructure its $20.5 million debt to be payable in five years, Nana Agyenim Boateng, the Managing Director, said on Tuesday. The Company is also in discussions with Ghana Cocoa Board (COCOBOD) and the Cocoa Marketing Company to …

The Audit Service has rejected a total of GH¢5.479 billion out of the liabilities of GH¢11.279 billion submitted by the Ministries, Departments and Agencies (MDAs) to the Finance Ministry for payment. He is also asking the Attorney-General to empower his office to be able to prosecute offenders. This was based …

Commercial airlines operating around the world have made an estimated net profit of $34.5 billion as global passenger traffic results show demand for air travel has risen. In 2016 the industry made net profit of $35.3 billion and $38.4 billion is forecast for 2018. While African airlines made net profit …

Africa cannot depend on others to finance education on the continent, when it has the wherewithal to do so, President Nana Addo Dankwa Akufo-Addo has said. He said Africa has the resources and capacity to finance access to quality education of its citizens, and also promote the interests of the …

Institutional investors with several trillions of dollars worth of assets under their management now want much more information about companies’ boards and business strategy. A new survey by Morrow Sodali, which is the third in the series says institutional investors managing assets worth $31 trillion want companies to give more …

A new World Bank report says global wealth grew significantly over the past two decades but per capita wealth declined or stagnated in more than two dozen countries in various income brackets. Going beyond traditional measures such as GDP (Gross Domestic Product), the report available to the Ghana News Agency …

Ghana is the best performer in sub-Saharan Africa in the 2017-2018 Rule of Law Index released Wednesday January 31, 2018 in Washington DC. The Index by the World Justice Project (WJP) an independent, multidisciplinary organization working to advance the rule of law around the world, and ranks 113 countries of …

Ghana’s 36 commercial banks may have to do a bit more this year if they must return to efficiency and profitability following declined revenue in 2016 and 2017, the ratings agency, Moody’s has said in a report copied to ghanabusinessnews.com. The research arm of the agency, Moody’s Investors Service in …