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Ghana government budgets $10m to support entrepreneurship – Minister

Ibrahim Awal, Minister for Business Development, says the government as part of its initiative to support the private sector had budgeted $10 million to support young entrepreneurs.  He said the Ministry was also working on loans and grants for these entrepreneurs at low rates. The Minister said this when he …

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Negotiating contracts in Africa: How continent sells out its birthright

Negotiating contracts in Africa is like a dark art. An art only mastered by multinational companies seeking to have control of natural resources, infrastructure projects and make as much money as they could at the expense of often poor but resource-rich countries. The stories of contract negotiations in Africa are …

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Ghana to construct $7.8b railway network – Minister

The Minister of Railway Development Mr. Joe Ghartey Tuesday said over 1,400 kilometer (KM) railway lines, expected to cost about $7.8 billion, would be created between three cities notably the Volta lake city, Ashanti rail city and the Paga rail city. According to Mr Ghartey, the Eastern line of 300 km would …

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Developmental impact of oil on Ghana so far questionable – Prof Asafu-Adjaye

A decade after oil discovery in Ghana, the commodity’s revenue generation developmental impacts so far are questionable, Professor John Asafu-Adjaye, Senior Research Fellow, Institute of Economic Affairs (IEA), has stated. He said the fact that some of the revenue generated from oil had been saved for future generations, and it …

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Ghana’s significant strides in ICT development under threat – Kan-Dapaah

Ghana’s significant strides in Information Communication Technology (ICT) development is under serious threat, due to the spate of cybercrime across various sectors of the economy, Mr Albert Kan-Dapaah, Minister of National Security, has said. “Cyber security is adjudged to be among the top four threats to national security,” Mr Kan-Dapaah …

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Ghanaians not paying tax due to perception of corruption – NCCE

The Ningo Prampram District Director of the National Commission for Civic Education (NCCE) says citizens should not see corruption on the part of leaders as an excuse for not paying taxes. “Government wants to increase taxation and before that could be achieved, we have to educate the public to understand …

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Ghana government to spend $100m on land reclamation – Dr. Karikari

Government is poised to spend 100 million dollars to reclaim lands destroyed by activities of illegal miners in the country through the Multi-sectorial Mining Integrated Project (MMIP). The five-year project is an initiative of the Ministry of Lands and Natural Resources (MLNR) aimed at combating ‘galamsey’ and also sanitizing the …

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Prof. Aryeetey denies wrongdoing in $64m University of Ghana agreement 

The former Vice-Chancellor of the University of Ghana, Professor Ernest Aryeetey, has dismissed reports of impropriety in a $64 million agreement the University signed with Africa Integras under his tenure. Professor Aryeetey told journalists that the University of Ghana had carried out the necessary due diligence and gone through the …

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Business journalism must not be extension of marketing campaigns of companies – Dogbevi

A one-day business journalism training workshop organised by NewsBridge Africa, a journalism and communication skills training not-for-profit organisation in collaboration with the World Bank Ghana Country Office was held in Accra Wednesday November 29, 2017. The training was aimed at equipping participants with the requisite knowledge and skills in identifying, …

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Free SHS Policy records 83.9% enrolment – Minister

Dr Matthew Opoku Prempeh, the Minister of Education, has said 358,205 students have been enrolled under the Free Senior High School Policy as of November this year, representing 83.9 per cent, an improvement of 75 per cent from that of 2016. He said about 38,000 students were still not in …

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