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Business

Private pensions hit GH¢8.3bn

Privately managed pension funds have maintained their robustness in growth over the past four years, with contributions under the tier two and three schemes hitting an all-time high of GH¢8.3 billion at the end of July, this year. The amount comprises funds accrued in the temporary pensions fund account (TPFA) …

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Aayalolo buses to start Adentan-Tudu service

The management of the Aayalolo Bus Service and the ministries of Local Government and Rural Development (MLGRD) and Transport have expressed commitment to roll out the service on the Adentan-Tudu corridor before the end of the year. A Deputy Minister of Local Government and Rural Development, Mr O. B. Amoah, …

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Kweku Kwarteng booed by angry freight forwarders

Irate freight forwarders have besieged the Tema Port over delays in clearing their consignment as a result of the implementation of the new paperless system. The paperless system is meant to fast-track processes at the port but the freight forwarders numbering hundreds say the new system is counterproductive. Before the …

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Cedi to appreciate against dollar – Fitch

The local currency, the cedi, is expected to strengthen against the US dollar for the rest of the year as economic growth outperforms earlier estimates, BMI, the research outfit of rating agency Fitch has predicted. It is therefore projecting an end-year rate of GHC4.33 against the greenback. For 2018, it …

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Fuel prices to rise further – IES

The Principal Research Analyst at the Institute for Energy Security, Richmond Rockson, has indicated that fuel prices will rise further as the Cedi weakens against the Dollar. Passengers, drivers and other Vehicle owners must get ready to pay more for fuel as a steady depreciation of the Ghana Cedi causes …

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