Daily Archives: June 12, 2012

Netherlands Halts Budget Support For Ghana

Government will have to look elsewhere for financial support for its spending in 2013 as the Kingdom of the Netherlands has decided to withdraw its contribution to budget funding support. This means that Ghana will lose more than €25 million … Continue reading

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Nana Addo Meets German Chancellor

Nana Akufo-Addo, the New Patriotic Party (NPP) leader recently met Angela Merkel, the German Chancellor in her office at Berlin during a working visit. Nana Akufo-Addo assured the German leader that his party appreciates the mutual benefits in strengthening and … Continue reading

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Gov’t Settles GCB

Government says it has paid GH¢445 million out of the over GH¢1billion the Tema Oil Refinery (TOR) is owing the Ghana Commercial Bank (GCB). This, it noted, was effected through the issuance of a three-year bond for the afore-mentioned amount … Continue reading

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Ghana’s Bauxite Under Threat

The operations of Ghana Bauxite Company are being disrupted as a result of the company’s inability to transport a chunk of its ore to the Takoradi Port. The deplorable state of the Western Rail Lines is negatively affecting the company, … Continue reading

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