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The one district, one factory industrialisation programme introduced by the New Patriotic Party (NPP) government received a boost on Saturday, January 13, 2018, with the commissioning of Twyford Ceramics factory by President Nana Akufo-Addo at Shama District in the Western region. The ceramics factory which is into the production and...
Some National Service Personnel today , besieged the Head Office of the Scheme demanding their unpaid allowances. According to some of them, they had not received their allowances over the past four months, leaving them in serious debt. One of the personnel who spoke to Citi News’Caleb Kudah said, “I’m coming from...
The Secretariat of One-District-One-Factory (1D1F) has revealed that the Ghana Export and Import (EXIM) Bank has approved GH₵7.7million to finance the entire Ekumfi Fruits & Juices Company Limited located in Ekumfi Abor in the Central Region. The first tranche has already been released and spent on the acquisition of implements...
The Minority in Parliament has asked Finance Minister, Ken Ofori-Atta, to resign following the release of what it said are “damning” revelations on the $2.25billion bond. The opposition lawmakers say the 141-page report by the Commission on Human Rights and Administrative Justice (CHRAJ) established that some “criminality and irregularities” were...
Mr. Yaw Osafo-Marfo, the Senior Minister, has said that over 50 percent of loans and grants given to Ghana have not been spent for various reasons. 'While some institutions are looking for money to carry out certain programmes and projects, there are money which has come from various development partners,...
First Lady Mrs. Rebecca Akufo-Addo has commended China National Building Materials Equipment Imports and Exports Company Limited (CBMIE) for their commitment to inject USD 2 billion supplier’s credit into the One District One Factory initiative (1D1F). The First Lady noted that Ghana currently needed crucial investors like CBMIE because that’s...
Amansie West Rural Bank Limited, has donated items valued at GH¢ GH 11, 00.00 to three District Assemblies, as part of their social responsibility towards this year’s National Farmers Day Celebration. The items included one Motor Tricycle (Aboboyaa), 60 knapsack Sprayer Machines, one Table Top Fridge and one Double Decker...
First Lady Mrs. Rebecca Akufo-Addo has assured Chinese investors at a conference to promote trade relations between Ghana and China in Hunan in the Changsha Provence of China that their investments in Ghana will always be safe. Addressing the “2017 Ghana-Hunan Economic and Trade Conference” hosted by the China Council...
President Nana Addo Dankwa Akufo-Addo, says Ghana’s macro-economy has grown stronger over the last 10 months, the period of stay of his government in office, as key economic indicators have improved significantly, as opposed to what was inherited from the previous administration. According to President Akufo-Addo, “we have begun to...
Ghana's Vice President Dr. Mahamudu Bawumia has on Thursday opened a grand Danish-Ghana Business Conference in Accra.Speaking on the theme: “Ghana Beyond Aid: Moving Forward Together”, Dr. Bawumia said : “It is all too evident that current financial flows and investment patterns certainly in Africa are not likely to...