The founder and Executive Chairman of the Jospong Group of Companies Dr Joseph Siaw Agyepong has been awarded Man of The Year, Business (Magnate Award) at the second edition of the Exclusive Men of The Year (EMY AFRICA 2017 AWARDS) at the Kempinski Hotel-Accra. The award was in recognition of his contribution towards Business and Development in Ghana and Africa. ...
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China powers Ghana’s ‘1 District – 1 Factory’ with $2bn
The NPP government’s ‘One District One Factory’ initiative has received a major boost following the signing of a Memorandum of Understanding for a funding facility worth up to $2 billion between a number of Ghanaian banks and the private sector led by the Association of Ghana Industries (AGI), and the Chinese government’s private sector development corporation. Under the agreement, the ...
Read More »China ready to support Ghana’s economic transformation – Chinese VP
The Vice-President of the People’s Republic of China has announced his country’s preparedness to partner Ghana to undertake a massive transformation of her economy. Speaking at a State Reception for his Ghanaian counterpart, Dr Mahamudu Bawumia, at the Great Hall of the People in Beijing, Li Yuanchao said China stands ready to pass on knowledge, expertise and assistance to Ghana ...
Read More »ADB MD’s fate to be determined by new board
The fate of the Managing Director of the Agriculture Development Bank (ADB), Daniel Aseidu hangs in the balance as a new board will be constituted soon to run the affairs of the bank. The bank on Friday, June 23 2017, effected changes to its regulations at an extra Ordinary General Meeting. Per the new regulation government which hitherto had the ...
Read More »Ghana is ready for big things – Bawumia to China Bank
Vice President Dr Mahamudu Bawumia has challenged the investor community to take advantage of Ghana’s competitive advantages, especially within the West Africa sub-region, to make significant investments that would bring them appreciable returns. The Akufo-Addo government, Dr Bawumia indicated, is looking for “significant investments to do big things” and is putting the necessary legislative and policy framework in place to ...
Read More »Kenya’s aviation industry supports 620,000 jobs
The Kenyan aviation industry supports up to 620,000 direct and indirect jobs including employment in the tourism sector, a study by the International Air Transport Association (IATA) has concluded. The aviation industry contributed nearly Sh330 billion ($3.2 billion) to Kenya’s economy, or 5.1 per cent of the country’s Gross Domestic Product (GDP), according to the IATA report. The findings are ...
Read More »Jospong group gives Ȼ50,000 for Save a Mother Save a Child Project
The Jospong Group of Companies is the latest to donate towards the Save a Child Save a mother campaign with a promise to do more. More companies, corporate bodies and individuals continue to donate towards the Save a Child Save a mother campaign. The First Lady Rebecca Akufo-Addo in partnership with The Multimedia Group Limited has been raising funds towards ...
Read More »Minority castigates Akufo-Addo gov”t over excuse not to increase cocoa price
The Minority in parliament has described as unacceptable government’s decision not to increase the producer price of cocoa for the 2017 crop season. The Ranking Member on the Finance Committee, Casiel Ato Forson said reasons given by government for the non-payment including a drop in the world price for cocoa is unfounded. Addressing a news conference in Parliament Wednesday, he ...
Read More »Supreme Court overturns ruling seeking to compel NIB to pay over $120m
The Supreme Court has overturned an earlier ruling by the Appeals court that compelled NIB to pay over 120 million dollars in Judgment debt. According to the court, ruling by the high and Appeals court has to be set aside; the identity of issuers of the promissory cannot be identitied, raising issues with the capacity of investors. More to come….. ...
Read More »New SSNIT management launches audit into operations
The new management of the Social Security and National Insurance Trust (SSNIT) has commenced processes to audit the Trust. The move, according to the new management, aims at improving the operations of the Trust, to inform it of what new measures need to be implemented to make the Trust a viable entity within the sub-region. According to the Director General ...
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