Prices of fuel drop marginally

Citi Business News checks at the pumps this morning show that the top three OMCs, Goil, Shell and Total Ghana are selling both Petrol and Diesel at GHC 5.15 pesewas across the country. The reduction in prices comes after the major OMC’s all increased the price of petrol and diesel …

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Port reforms et al draw investors

More investors are choosing to do business in Ghana as opposed to other regional rivals Nigeria, Cote d’Ivoire and Senegal, as the country implements various reforms at its seaports, construction permits acquisition, and business registration processes. Last year, the Ghana Investment Promotion Centre (GIPC) recorded US$4.91 billion in foreign direct …

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Oil: Gov’t asked to draw lessons from Nigeria in effective implementation of local content policy

A Petroleum Engineer, Professor Wumi Iledare says Ghana can maximize the benefits of it’s local content policy, by developing competent workforce, transparency and accountability as well as institutional empowerment. He said a long-term local content has the potential to stimulate inclusive socio-economic development. He noted that Ghana can effectively implement …

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Ghanaians urged to embrace Credit Unions for financial Liberty

Following the collapse of local Banks in the country as a result of liquidity challenges among other things, Ghanaians have been urged to consider joining credit unions in order to liberate themselves financially. In an interview with a section of journalists at the 50th anniversary celebration of the Ghana Cooperative …

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Jomoro Rural Bank makes over GH¢500,000 profit

The Jomoro Rural Bank Limited at Tikobo Number One in the Jomoro Municipality of the Western Region has posted an outstanding operational performance in the 2017 fiscal year with a profit after tax of GH¢532,675.00. This represents 12.98 per cent compared to GH¢471,473.00 in 2016 representing 10.78 per cent. Operating …

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