Category: Business

‘One District, One Factory’ Policy To Commence In 47 Districts

A member of the government’s Economic Management team, Dr.Mark Asibe Yeboah has hinted that, the first batch of factories to be constructed under the government’s ‘One District, One Factory’ flagship policy will commence in 47 districts across the country. He disclosed that a total of GHC456 million has been set aside for the initial factories which is expected to commence from the fourth quarter of 2017. “The budget allocated GHC456 million for the One -District -One Factory Project which has been approved  for the Program to take off. 47 districts have been identified , so government is going to...

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French Minister Of Finance And Economic Affairs In Accra

As part of a regional tour, Michel Sapin, the French Minister of Finance and Economic affairs visited Accra on the 13th of April 2017. On this occasion, he had a breakfast meeting with members of the French business community during which he expressed his satisfaction with the growing interest of French companies in Ghana in such fields as retail, power, renewable energy, infrastructure and transport like Air France which opened a new direct route between Accra and Paris last February. He said that the investment strategy of those companies on a long-run was indicative of the confidence they have...

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Gov’t Turns To Private Sector For Infrastructure Development Funds

President Nana Addo Dankwa Akufo-Addo has observed that the public sector alone cannot be a source of funding for the infrastructural projects to be embarked on by his government. According to him, funds would have to be raised from the private sector to fill the gaps. He made this known at the inauguration of a nine-member board for the Ghana Investment and Infrastructure Fund (GIIF) at the Flagstaff House on Wednesday, April 5. Among the members of the board are Solomon Asamoah, who is the Chief Executive Officer of GIIF, Tweneboah Kodua Fokuo, Yvonne Sowah, Kofi Boakye and Cecilia...

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Access Bank’s Ogundimu Voted Ghana’s Most Reputable Bank CEO

Dolapo Ogundimu, CEO of Access Bank Ghana, has been voted the Most Reputable Ghanaian Bank CEO in a ranking poll led by South African based Reputation Management Agency, Reputation Poll and leading PR and Rating Agency, Avance Media. The ranking poll which featured all 34 distinguished leaders of Class 1 Banks in Ghana, had Mr. Ogundimu emerging the Most Reputable Bank CEO with by 17% of votes from the over 3000 voters who participated in the polling exercise. Mr. Ogundimu, who has schooled at both Harvard and Columbian Business School, was also formerly MD of Access Bank Plc Nigeria...

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New GHC5 Note Becomes Legal Tomorrow, Circulation On March 7

The Bank of Ghana (BoG) has outdoored a commemorative GHc 5 bank note to celebrate its 60th anniversary, which coincides with Ghana’s 60th anniversary. The note, which comes with a new pulsating shine when tilted, has already been distributed across the country and will be circulated by next week Tuesday, March 7, 2017. Speaking during the outdooring ceremony in Accra to explain the features of the new note, a member of the Currency Department of the Bank of Ghana, Mr. Dominic Owusu, stated that the currency will be used alongside the old GHc 5 note until they old notes...

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