Mr Tsonam Cleanse Akpeloo, the Greater Accra Regional Chairman of the Association of Ghana Industries (AGI), has asked the government to pursue policies that would improve the business environment, reduce the cost of capital and financing, and remove regulatory bottlenecks for growth. “We expect that Government will continue to bail out troubled businesses and provide … The post Government
A South Korean court on Friday ordered Japan’s government to pay damages to the South Korean victims who were forced into sex slavery for the Imperial Japan’s military brothels during World War II. The Seoul Central District Court ruled that Japan should pay reparations of 100 million won (91,200 U.S. dollars) to each of 12 … The post Korean
Stocks in the Asia Pacific region were mostly higher on Friday as market sentiment was bolstered by growing optimism over US economic stimulus following the confirmation of President-elect Joe Biden’s election victory. In Japan, despite a coronavirus state of emergency for Tokyo and its three neighbouring prefectures that took effect on Friday, the benchmark Nikkei … The post Asia
Samsung is expecting a jump in its profits for the last quarter of 2020. In the last year, Samsung has benefited from increasing internet traffic during the pandemic, which has driven demand for memory chips for servers and computers as more people work from home. Memory chips were by far the biggest earner for the … The post Samsung expects jump
The Swiss National Bank (SNB) made a profit of around 21 billion Swiss francs (24 billion dollars) last year, according to provisional figures that were issued on Friday. The central bank reported that its foreign currency holdings gained 13 billion francs in 2020, while the value of its gold holdings rose by 7 billion francs. … The post Swiss central bank
US aircraft manufacturer Boeing has agreed to pay more than $2.5 billion to settle criminal charges over allegations of fraud and conspiracy over its crisis-ridden 737 Max jet, the US Department of Justice said on Thursday. Boeing had been suspected of rushing its best-selling 737 Max model series to market and neglecting safety, after two … The post Boeing
Former President John Dramani Mahama is praying the Supreme Court through a motion to amend the election petition he filed challenging the validity of President Nana Addo Dankwa Akufo-Addo as the winner of the December Presidential Election. The Former President is praying the court to correct an error or a “mistake” in the election petition. … The post John
The New Patriotic Party (NPP) 2020 Parliamentary Candidate for Savelugu Constituency in the Northern Region, Mr Muhammed Abdul-Samed Gunu, has filed a petition at the Tamale High Court challenging the validity of the results declared by the Electoral Commission (EC). The parliamentary election petition dated January 8, 2021, had the EC as the first respondent … The post NPP
The Ministry of Sanitation and Water Resources (MSWR) and Community Water and Sanitation Agency (CWSA) have informed the public that the President directive on the extension of Free Water Services within lifeline consumption of 0-5m3 per household in a month takes immediate effect. In a statement signed by Worlanyo Kwadjo Siabi, Chief Executive CWSA, directed … The post CWSA
The Importers and Exporters Association of Ghana has appealed to government not to increase port clearance charges in 2021. Mr Samson Awingobit Asaki, Executive Secretary, Importers and Exporters Association of Ghana, in an interview with the Ghana News Agency, said, “we don’t want to see additional charges or any new taxes, we want a reduction … The post Don’t
Oti Region Positive Thinkers Youth Group has appealed to President Akufo-Addo to avoid re-appointing Nana Kwasi Owusu-Yeboa, Oti Regional Minister and other non-performing Municipal and District Chief Executives (MDCEs) for the region. The Group, which is a youth wing of the New Patriotic Party (NPP), requested the President not to renew the mandate of the … The post Sack
Some supporters of the New Patriotic Party (NPP) on Thursday prevented the Landing Beach Committee from supervising the distribution and the sale of fuel consignment to fishermen at a Premix fuel Station in Bronyinbima, a suburb of Aboadze. The aggrieved supporters alleged that the tenure of the committee had elapsed and therefore members lacked the … The post NPP
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