Ghanaian Chronicle

ADB Goes Funeral Financing–Introduces Bancassurance Product

ADB

By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com Customers of the Agricultural Development Bank (ADB) can now enjoy a comprehensive funeral policy, following the launch of the bank’s “Abusua Anidaso” product. The new product ‘Abusua Anidaso’ literally means ‘Hope of the Family’, is a collaboration between ADB and Vanguard Life Assurance. Dubbed: “Abusua Anidaso”, the product [...]

New NLA Boss Assumes Duty

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By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com   The Acting Director General of the National Lottery Authority (NLA), Brigadier-General Martin Ahiaglo, has assumed duty at the Authority on Friday May 3, 2013. In his first week, he had his maiden briefing session with members of the Board, which was quickly followed by a detailed meeting [...]

Ministry, Google Introduce “Innovative Ghana”

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By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com   The Ministry of Trade and Industry, in collaboration with Google, has introduced an initiative known as “Innovation Ghana” to get Ghanaians to appreciate the use of the internet, and its impact on the Ghanaian economy. According to the collaborators, Innovation Ghana aims at strengthening and encouraging local [...]

Two New Steel Firms Start Operations

By John Bediako Email: mk68008@gmail.com Two new steel manufacturing companies, with a combined capacity of 30,000 metric tonnes, are expected to commence operations in Ghana by the end of next month. They are Rider Steel, Jordanian-owned, with a capacity of 5,000 metric tonnes, and United Steel Limited, Lebanese-owned, which has a capacity of 25,000 metric [...]

CANAL+ Afrique Enters Ghana Paid TV Industry

By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com   CANAL+Afrique, through its partnership with Multichoice Ghana, say it is expanding its presence in Anglophone Africa, with the launch of the CANALSAT bouquet in Ghana. CANALSAT is a subscription digital TV service with over 125 channels and radios stations in French that include LES CHAINES CANAL+, 5 [...]

Ghana, Others Share Of Investment To Triple By 2030

By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com   Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing countries including Ghana, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, according [...]

Gov Won’t Lift Scrap Metal Exports Ban -Iddrisu

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By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com Government says it would not lift the ban on scrap metal exports to countries including as China, and India. This follows a strong call from members of the Scrap Dealers Association of Ghana to reverse the ban. “Government has no intention of reviewing the ban on export of [...]

BOPP Posts Significant Results

yamson

  By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com   The Benso Oil Palm Plantation (BOPP) Limited posted profit after tax of GH¢13.41 million last year, as against GH¢9.59 million in 2011, which represents an increase of about 40 per cent. Mr. Ishmael Yamson, Chairman of the Board of Directors of BOPP, made this known at [...]

Global Cereal Consumption To Decline

By : Masahudu Ankiilu Kunateh Email: mk68008@gmail.com Despite the expected production increases, world cereal utilisation is expected to stagnate in 2012/2013, constrained by rising grain prices and faltering ethanol demand. Global cereal utilisation is now forecast to be 2 332 million tonnes, roughly unchanged from the 2011/12 level. World cereal stocks by the close of seasons [...]

HFC Bank Secures $10m Facility From IFC

Akuffo Asare - HFC

By Daniel Nonor Email: mk68008@gmail.com HFC Bank has secured a $10 million trade finance facility from the International Finance Corporation (IFC) under the Global Trade Finance Programme. The agreement was signed on Monday at the Holiday Inn Hotel in Accra. Under the transaction, IFC’s Global Trade Finance Programme will guarantee the trade-related payment obligations of [...]

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