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Nothing is impossible: The Dangote story

“Nothing is impossible.” These three words are on a plaque that Aliko Dangote keeps on his office desk in Lagos, Nigeria, constantly reminding Africa’s richest man how to approach the world. Dangote, who was worth $12.3 billion as of mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in business. Presiding over an empire that includes cement, freight, infrastr ...

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Racketeers tried sabotaging paperless system – Bawumia

Vice President Dr Mahamudu Bawumia has said some people who have been profiteering from intentional delays in clearing goods at the ports, attempted sabotaging the new paperless system introduced at Tema to help clear good in four hours. “On September 1, we launched the paperless [system], but, of course, not without attempts to actually derail the process because it’s hurting a lot of people who were makin ...

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Paperless system: Port revenue up 56% – Bawumia

Vice President Dr Mahamudu Bawumia has revealed that revenue collected at the ports has increased by 56% within just a week of the introduction of the paperless system. “The results are amazing; we just looked at data this morning – first week of collections under the paperless system in September this year compared to last year’s first week of collections in September 2016 – and collections have gone up by ...

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GCB sacks UT, Capital workers

The management of the GCB is terminating the appointment of about 1000 workers of the now defunct UT and Capital banks. According to the management of GCB, claim of the workers, with regards to their salary arrears, wages, leave, severance pay and other entitlement will be dealt with in accordance with the provisions of the Labour Act, 2003 (Act 651) and the Banks and Specialized Deposit Taking Institutions ...

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IMF forced prog. extension on us – Kwarteng

Deputy Finance Minister Kweku Kwarteng has said the International Monetary Fund (IMF) forced on Ghana, the one-year extension of the $918 million three-year Credit Facility programme which the two parties signed to during the Mahama administration. According to Mr Kwarteng, there was nothing the government of Ghana could do to fight the extension since the Bretton Wood institution said the programme had und ...

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Free SHS: Gov’t engages Nat’l Buffer Stock for food supply

Professor Kwasi Opoku Amankwaah, Acting Director General of the Ghana Education Service (GES), has revealed that the National Buffer Stock Company has been contracted to supply food to the various senior high schools (SHSs) across the country. This he said, formed part of the implementation of the Free Senior High School programme, the flagship programme of the Akufo-Addo-led government. The programme begin ...

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Koforidua Technical University gets 90-seater e-library

MTN Ghana Foundation has commissioned a 90-seater e-library for the Koforidua Technical University in the Eastern Region. The facility provides access to electronic sources of information including journals and electronic books from reputable databases and publishers. The e-library has 90 computers with internet access, providing students and teachers access to 10 academic databases and 19,000 e-journals. T ...

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MTN builds 40-bed maternity block for Tema General Hospital

Work on a 40-bed capacity maternity block being funded by MTN Ghana Foundation for the Tema General Hospital has been completed and the facility is ready to be furnished. The project, which commenced in November 2016, will be handed over to the Tema General Hospital before the end of 2017. The maternity block includes a 20-bed first stage ward, a 20-bed lying-in ward, two delivery beds and one theatre. It a ...

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NCA ready for 4G spectrum buyers

The National Communications Authority (NCA) has disclosed that it is opened for negotiations with prospective buyers of the second 4G spectrum license. The Chief Executive Officer of the NCA, Joe Anokye, explained that the authority will abide by best practices in the sale of the license. Telecommunication companies have complained that the high cost of the spectrum has deterred most of them from purchasing ...

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57 OMCs fined for cheating

Fifty-seven oil marketing companies (OMCs) have been sanctioned by the Ghana Standards Authority (GSA) for engaging in various infractions detrimental to the interest of consumers. All the affected OMCs are in the Greater Accra Region. They were fined a total of GH¢261,000 for serving customers with lower volumes of fuel, using non-approved GSA seals and breaking GSA seals meant to stop cheating at the pump ...

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