President John Mahama has called for discussions with the International Monetary Fund (IMF) and other development partners in support of Ghana’s programme for stabilisation and growth. A statement signed by the Minister of Communications, Dr. Edward Omane Boamah said the decision was taken after the Presdential Advisory Committee on the Economy met this week. "The President directed that immediate initiatives be taken to open discussions with the International Monetary Fund and other Development
The Ga Rural Bank has posted a profit after tax of GH¢450,252 for the 2013 operational year, representing a 31.13 percent growth over the previous year’s profit of GH¢343,376. The bank’s total income grew by more than half of the 2012 figure, soaring to GH¢4.32million from GH¢2.88million while its total expenses saw a 59 percent surge from GH¢2.04million to GH¢3.71million, due largely to increases in operational and staff costs. Total advances registered a record high of GH¢8million from
Cocoa Processing Company Limited (CPC) says most of the structural challenges facing it have been resolved, as the company prepares to break into the West African sub-regional market. “Arrangements are almost complete to commence from the Nigerian Market…The expansion of the local market is currently being pursued by recruitment of suitable key distributors in the regional capitals for distribution of Confectionery products on a larger scale. “Preparations are also underway to break into the
Mrs. Lillian Bruce, Coordinator, Civil Society Coalition on Land (CICOL), has proposed the establishment of environmental courts to help solve many dangers surface mining is imposing on communities. She again called for the abolishment of surface mining for underground mining, to enable the sector attract more investors and boost revenue. Organised by CICOL, the meeting brought together stakeholders from the Minerals Commission, Ministry of Lands, Civil Society Organisation, non-governmental organisations
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