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World Bank Approves $50million For Government

The Board of Directors of the World Bank (WB) has approved $50 million for the government in the form of budgetary support for the implementation of the country’s Medium Term Agriculture Sector Investment Plan (METASIP). The WB programme, known as the Agricultural Development Policy Operation, supports important policy and institutional reforms that will enhance the development and adoption of agricultural technology, such as improved seeds and fertiliser application

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Virgin Atlantic happy with returns

Virgin Atlantic Airlines says its decision to fly to Accra has been worthwhile in terms of returns they are making on their investments. Virgin Atlantic two years joined British Airways as the only two airlines operating on the Accra-London route.

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Security agencies, judiciary asked to help clamp down illegal miners

Lands and Forestry Minister Mike Hammer has called for the support of the judiciary and security services to clamp down on the operations of illegal small scale miners. The activities of the miners popularly known as galamsey continue to have serious effect on the environment as wells as the operations of licensed mining firms. Speaking to Joy Business at the maiden mining development forum, Mike Hammer says it can only fight this menace with the full support of interested parties

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ECOBANK to integrate TTB with Domestic and Corporate Banking unit

The Trust Bank will be integrated into ECOBANK’s domestic and corporate banking units after it fully merges with ECOBANK.

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Subsidized fertiliser drought hits peasant farmers

Farmers in the country are waiting with bated breath for subsidized fertilisers as their crops face imminent stunted growth and poor yield this farming season, the Peasant Farmers Association of Ghana has said. The association says farmers risk extraordinary crop failures this year if something drastic and urgent is not done to put subsidized fertilisers on the market.

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VRA to build 3 solar farms in Upper West

The Volta River Authority says they are in the process of building three solar farms in the Upper West Region.

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Mining firms plan to list on GSE

Chief Executive of the Chamber of Mines has confirmed plans by more mining firms to list on the Ghana Stock Exchange in the next five years. Proposals for mining firms to list on the local bourse have yet to be realized due to some challenges

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Day after historic IPO, Facebook’s Zuckerberg weds

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. A day after the historic Facebook stock offering, Zuckerberg on Saturday wed 27-year-old Priscilla Chan, his girlfriend of nearly a decade, according to a guest authorized to speak for the couple

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Tullow Oil PLC shareholders re-elect Tutu Agyare onto Board

Shareholders of Tullow have re-elected Ghanaian Investment banker, Tutu Agyare onto the company’s board.

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GHACEM Pays GHc1,872,000 Dividend To Government

GHACEM Limited has paid a final dividend of GH¢1,872,000 for the 2011 financial year to the government. The dividend, which represents the government’s five per cent share in GHACEM, was received by the Chief Director at the Ministry of Finance and Economic Planning, Mr Enoch H. Cobbinah, on behalf of the government

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