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Trade between China and Africa totals over $85b in first half 2017
There appears no letting in China, Africa trade relations, as new figures on trade between Africa and China released last week show an increase by 19 per cent. Official figures released Thursday August 3, 2017 say trade between China and…
Ghana government gives $1.2b in tax incentives – TJNA
The Government has been advised to desist from granting overly generous tax incentives and concessions to multinational companies operating in the country, as the practice is injurious to the economy.
A research by Tax Justice Network…
GPHA to build $370m container terminal at Takoradi
The Ghana Ports and Harbour Authority (GPHA) has signed a contract for the construction of a container Terminal at the Takoradi Harbour at the cost of $370 million.
Mr. Paul Asare Ansah, Director-General, GPHA, on Thursday told…
Ghana and Ivory Coast seek $1.2b financing from AfDB for cocoa sectors
Ghana and her western neighbour Ivory Coast are jointly seeking financing of $1.2 billion from the African Development Bank (AfDB) to invest in their cocoa sectors. This was made known by Dr. Akinwunmi Adesina, the President of the AfDB…
Parliament approves $1.3b loan for 2017/2018 cocoa purchase
Parliament on Wednesday approved $1.3 billion, (GH¢5.8 billion) syndicated loan for the purchase of cocoa beans in the 2017/18 crop season as the Government plans to increase cocoa production within the next four years.
It is…
Mawarko restaurant Supervisor sentenced to nine months in prison
Jihad Chaaban, a supervisor at Mawarko Restaurant has been sentenced to nine months imprisonment for dipping the face of a worker, Ms Evelyn Boakye, into blended pepper.
The Abeka District Court gave him six months…
Over 80% adults in Sissala West are illiterates
Mr. Mohammed Bakor, Sissala West District Chief Executive (DCE) has expressed concern that over 80 per cent of adults in the district are illiterates according to data by the USAID Monitoring Evaluation and Technical Support Services…
President Akufo-Addo refers petitions against EC Deputy Chairpersons to Chief Justice
President Nana Addo Dankwa Akufo-Addo has referred two petitions against the Deputy Chairpersons of the Electoral Commission, Ms Georgina Opoku Amankwa and Mr Amadu Sulley, respectively, to the Chief Justice for resolution.
A…
US backs use of coal for energy in Africa
Ghana and major African coal-rich countries including South Africa and Nigeria stand to gain from a statement by the US Treasury that Multilateral Development Banks (MDBs) should re-think their opposition to the use of fossil fuels,…
Ghana non-oil GDP growth very disappointing – IFS
The Institute for Fiscal Studies (IFS), Ghana, has expressed satisfaction about performance of the country’s economy in the first half of the year but says the growth rate of non-oil Gross Domestic Product (GDP) is disappointing.
The…