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Mahama leaving behind stable economy – Terkper

Finance Minister, Seth Terkper has stated that the outgoing John Mahama administration is leaving behind a stabilized economy. This, according to him, was as a result of the government’s fiscal consolidation programme, resulting in stabilization of the cedi, reduction of budget deficit from 12% to 6.3% in 2015 including reduction …

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No fuel price increment – Terkper

Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be no increment in fuel prices at least during the Yuletide. “As we stand here BOST together with Ministry of Finance have invested in three cargos of crude which we put in strategic …

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NTHC to adopt measures to beat competition

The National Trust Holding Company (NTHC) is to institute measures to position the company to take advantage of existing opportunities and to overcome challenges to enhance growth. These measures would include the redefining of NTHC processes, enhancing systems and developing people to meet the expectations of customers and the threats …

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Cocoa sector to get US$2bn boost

Ghana’s incoming government could give the country’s $2 billion cocoa industry a boost if it installs a more transparent executive at industry regulator Cocobod and implements reforms, industry sources said. The New Patriotic Party (NPP) said its priority is to push annual cocoa output in the world’s second-biggest producer above …

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GSE Xmas stock trading buoyant

The Ghana Stock Exchange (GSE) X’mas Week Composite market opened on a bullish note as transactions were recorded in 13 equities with seven price changes in an advance to decline ratio of 5:2. The volume traded was 170,625 shares, which were valued at GHC316,016.39. The benchmark GSE-Composite Index rose by …

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Fuel prices up by 6 per cent

Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum Consumers Ghana has said. This current increases ranging between 4 and 6 per cent across the pumps is largely traced to the upward volatility of world market indexes over …

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Over 11,000 people benefit from NBSSI in Ashanti region

The National Board for Small Scale Industries (NBSSI) has said over 11,000 micro and small scale businesses and individuals have benefitted from skill training workshops, business management trainings, market linkages, business advisory services as well as the Kaizen Project in the Ashanti Region. According to the NBSSI, these achievements were …

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Policy rate seen falling below 20% next year

The central bank’s policy rate could fall below 20 percent in the coming year, the first time since 2014, a forecast by RMB Global Markets Research, a South Africa-based research firm has said. The forecast would come as good news to businesses that have consistently battled costly credit which has …

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