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Avoid Ubers, taxis, public transport in Ghana – Australia warns

The government of Australia has asked its nationals not to use Ubers, taxis and other public transport in Ghana. This makes Australia the third country to update its foreign travel caution on Ghana in seven days. Canada and the United Kingdom updated their foreign travel advice on Ghana on June 6 and 7 respectively following the kidnapping of two Canadian ...

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GSA exposes fuel stations in fuel fraud

Source: adomonline.com The Executive Director of the Chamber of Petroleum Consumers of Ghana (COPEC), Duncan Amoah, has called for strict punishment to be meted out to fuel stations found to have adjusted their fuel pumps in a bid to cheat customers. Mr Amoah has asked for punishment that will be detrimental enough to the stations to deter others from committing ...

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Ghana’s debt stock nears GHC200bn

Source: classfmonline.com Ghana’s total public debt is now US$38.9 billion (GHC198 billion), GHC2 billion shy of GHC200 billion as of March 2019, the Bank of Ghana’s Summary of Economic and Financial Data – May 2019, has shown. It represents 57.5 per cent of Ghana’s GDP as of March 2019. In January this year, the total public debt was GHS176.6 billion ...

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Funds of 5 collapsed investment companies safe – SEC

Source: citibusinessnews.com The Securities and Exchange Commission (SEC) has assured customers of five collapsed fund management firms that their investments are safe. Last week, the S.E.C revoked the licenses of the companies for breaching rules guiding their operations. The companies include; Georgetown Capital Partners Limited, Equity Capital Limited, Index Analytics Limited, DM Capital limited and Oxygen Advisory limited. As a ...

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Ghana Business News !

BUSINESS NEWS | GHANA AND BEYOND 🌍 19/03/2019 🚩 The government of Ghana has agreed a $180 million deal with the Exim Bank of India to finance various development projects in the country. This was announced by Ghana’s Vice-President, Dr Mahamudu Bawumia, who stated on Monday, 18 March 2019 that the agreements will be signed between the two countries in ...

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More external threats ahead for the cedi – BoG report

A report by the Bank of Ghana that assesses the impact of external shocks on Ghana’s economy has revealed the cedi’s depreciation against the US$ is expected to continue throughout the year, as global events show more external threats ahead. The report, titled ‘The Effect of External Conditions on the Economy of Ghana’, is authored by Philip Abradu-Otoo and Bernard ...

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Meet Maxwell Kofi Lee, A JHS Graduate & Young Successful Mango Farmer!

  ModernGhana.com has filed a personality profile on, Maxwell Kofi Lee, a Mango Farmer, Footballer and a Junior High School (JHS) graduate of the Sra Presbyterian Basic School at Trom in the Yilo Krobo District of Somanya in the Eastern Region of Ghana, who is making giant strides through his Mango business. Mr. Maxwell Kofi Lee is the Chief Executive ...

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Valentine’s day is big business!

While the annual commemoration of Valentine’s Day is most commonly associated with love and romance, corporate Ghana and small enterprises see it as a major sales opportunity. TOMA IMIRHE looks at the commercialization of the celebration of love and romance in Ghana. Every year, in many parts of the world – particularly those parts that have embraced the culture of ...

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