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Business and Economics

Tullow Oil Launches Scholarship Scheme

 

tullowAccra, Jan. 25, GNA -Tullow Oil plc (Tullow) on Wednesday launched the Tullow Group Scholarship Scheme (TGSS) in partnership with the British Council to help develop local skills and expertise in the oil industry.

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Business and Economics

GDP Growth falls to 12 percent Year-on-Year in Third Quarter 2011

 

crowded streetAccra, Jan. 25, GNA – The unadjusted GDP growth has dropped to 12 percent year-on-year in the third quarter of 2011, compared with a revised 17.6 percent figure in the second quarter of 2011, the Ghana Statistical Service said on Wednesday.

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Business and Economics

Market women exposed to good business practices

 market women

Kumasi, Jan. 25, GNA – The Department of Women acting in partnership with the Business Advisory Centre (BAC) of the National Board for Small-Scale Industries (NBSSI), has organized a business management workshop for some selected traders as part of efforts at helping them to adopt best practices.

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Business and Economics

ICAG adopts new standards for financial and audit reporting for SMEs

 

Accra, Jan. 25, GNA – The Deputy Minister of Finance and Economic Planning, Mr Seth Tekper, on Wednesday launched the simplified versions of the International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISAs) for use by Small Scale Entrepreneurs (SMEs) in the country.

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Business and Economics

Tullow Oil launches “Invest in Africa” Initiative to woo investors to the Continent

 

Accra, Jan. 24, GNA -Tullow Oil, Africa focused oil company, on Tuesday launched a new business initiative aimed at attracting and facilitating further investment on the continent.

      Dubbed, ‘Invest in Africa’, the initiative aims to encourage long-term investment across the continent to help build and develop local capacity, boost domestic job markets, develop skills and stimulate economic growth.

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Business and Economics

Farmers can harvest sixty bags of maize per acre – Najjar

 

Koforidua, Jan. 22, GNA – Mr Raja A. Najjar, the Chief Executive Officer of Agriserve, a seed marketing company, has suggested the adoption of hybrid seeds to help maximize the productivity of farmers in the country.

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Business and Economics

Engen acquires assets of Chevron in seven sub-Saharan Africa

 

-1 129-engen-001Accra, Jan 22, GNA – Engen Petroleum Limited, the African downstream petroleum products refiner and marketer at the weekend disclosed that it has acquired the assets of Chevron in seven countries in sub-Sahara Africa.

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Business and Economics

Airtel geared to meet the needs of subscribers

 

Takoradi, Jan. 21, GNA – Mr Kwame Gyan, Corporate Communications and External Affairs Manager of Airtel Ghana, has said the company has accumulated 40,000 subscribers since it began its operation in the country.

     He said in order to keep up with the growing needs of its subscribers, Airtel has drawn up innovative programmes to suit their demands.

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Business and Economics

Traders cry over high exchange rate of Ghana cedi

 

The president of the Ghana Union of Traders Association (GUTA), Mr. George Ofori, has described the current state of exchange rates from the major international currencies into the Ghana cedi as dangerous to Ghana’s economy.

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Business and Economics

Shelter Afrique and Ghana Home Loans sign $5 million loan deal

 

A delegation from Shelter Afrique in a group photo with President MillsAccra, Jan. 18, GNA – Shelter Afrique (SA), a Nairobi-based Pan-African Housing finance company and Ghana Home Loans on Wednesday signed a $five-million agreement to support the delivery of affordable housing in the country.

     The facility, to be delivered over the next 10 years, would support Ghana Home Loan’s mortgage operations in the provision of new