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African states plan free trade area by 2016

African states plan free trade area by 2016

Twenty six African states, including Ghana, are working towards the removal of trade barriers for a single trade zone for…
Cedi falls in one of Africa's biggest drops in 2015

Cedi falls in one of Africa's biggest drops in 2015

Ghana’s currency weakened to an all-time low as a surprise interest-rate increase failed to stem the worst currency decline in…
Ghana to value state-owned companies for possible sale

Ghana to value state-owned companies for possible sale

Ghana is seeking advisers to value some state-owned companies for a possible sale, Finance Minister, Seth Terkper said. “We are…
Multi Credit inaugurates branch at Drobo

Multi Credit inaugurates branch at Drobo

Multi Credit Savings and Loans Ltd has inaugurated a new branch at Drobo in the Brong Ahafo Region. The savings…
Ghana government to build bullet trains

Ghana government to build bullet trains

Government is putting in place plans to build a bullet train that will reduce transportation from Accra to Kumasi to…
12 banks withdraw credit from bulk oil distribution companies

12 banks withdraw credit from bulk oil distribution companies

Twelve major commercial banks have decided not to issue letters of credit to bulk oil distribution companies (BDCs) as a…
John Dumelo, others condemn xenophobic attacks

John Dumelo, others condemn xenophobic attacks

Ghanaian actor John Dumelo has joined celebrities who have publicly condemned the ongoing xenophobic attacks in South Africa. According to…
Ghana targets 1.2 million tonnes of cocoa this year

Ghana targets 1.2 million tonnes of cocoa this year

Ghana will hit the target of 1.2 million metric tonnes of cocoa beans by the end of the 2014/15 cocoa…
Nigerian billionaire to give $100m to budding entrepreneurs

Nigerian billionaire to give $100m to budding entrepreneurs

Nigerian billionaire Tony Elumelu is to fund 1,000 budding African entrepreneurs as part of a $100m initiative to boost the…
Ghana downgraded by credit rating agency Moody's

Ghana downgraded by credit rating agency Moody's

Ghana had its credit rating cut by Moody’s Investors Service after government sounded a warning that tumbling oil prices will…
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