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Menzgold not licensed to take deposits – BoG

The Bank of Ghana (BoG) has cautioned the general public not to deposit any money with Menzgold Company Limited, an investment company, because it has not been licensed. A Deputy Governor of the Bank Dr Johnson Asiamah appearing before the Public Accounts Committee (PAC) of Parliament on Tuesday August 8, …

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Finance Ministry Starts Settling GH¢3.4 Billion Govt Debt

The Ministry of Finance has begun the process of settling its indebtedness of GH¢3.4 billion to some companies as part of efforts to save them from distress. The payment affects more than 900 different invoices submitted by the affected companies, the Minister of Finance, Mr Ken Ofori-Atta, told the Daily …

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Eat more cocoa for better health – COCOBOD urges Ghanaians

Ghanaians have been advised to consume more cocoa for a healthier life since it has immense health benefits. A Deputy Public Affairs Manager at Ghana Cocoa Board (COCOBOD), Ms. Jane A Yeboah, gave the advice at a farmers rally organized by the Cocoa Health and Extension Division (CHED) at Ntotroso …

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Investors need quality data to make long-term commitments – Barclays Africa

For investors looking to set up in the country, quality and transparent data remain key determinants in making that decision, which the country can barely boosts of, Barclays Bank Africa’s Principal Strategists has said. Sound and update to data is very important for investors to know where to invest, the …

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It costs more to call Nigeria from Ghana than USA – Report

It has emerged that Ghanaians and other nationals in Ghana who call family, friends and business associates in Nigeria pay more compared to calls to the United States of America, China, and Canada. Whereas the telecommunication companies charge between GHC0.21 to GHC0.96 every minute for calls to Nigeria, they charge …

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Corruption driving away investors from Ghana – US Ambassador

The US Ambassador to Ghana Robert P. Jackson has stated that corruption in the country is driving away investors from the United States of America and other parts of the world. According to him, investors from the US stay away from investing in Ghana because they don’t want to be …

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TOR to operate on weekends to avert premix shortage

The Tema Oil Refinery (TOR) is to commence operations on weekends to avert the shortage of premix fuel during peak periods. The move follows a directive from the President Nana Akufo Addo, over the constant shortage of the product during the fishing season. Shortage of premix fuel hit fishing communities …

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