Dar es Salaam — The distributor of new and used commercial vehicles, Benbros Motors Limited, has been ordered to pay Ecobank Tanzania Limited Sh399 million in unsettled loan it secured for importation of vehicles. The Commercial Division of the High Court has rejected defence of the vehicle importers and three guarantors of the loan who […]
Blue International has shared details of its transformation programme for the Bogoso-Prestea gold mine (Future Global Resources – FGR), Bogoso-Prestea Limited – BPL) in southwestern Ghana. The programme was shared with the Minister of Lands and Natural Resources, Samuel A. Jinapor earlier this week, and will increase productivity and improve safety of FGR BPL mining […]
Macmahon Holdings Ltd has provided an update on the continued growth of its order book. Tropicana Project Extension The Tropicana mine is a joint venture between AngloGold Ashanti Australia Ltd (70% and operator) and Regis Resources Ltd (30%), and is one of Australia’s largest gold producing mines. Macmahon has been providing mining services since opencast […]
In response to the #MilkCrateChallenge, doctors and health agencies are warning of possible life-threatening injuries. (Getty Images) (NEXSTAR) – Even TikTok isn’t a fan of the #MilkCrateChallenge. One of the latest viral trends on social media, the “Milk Crate Challenge,” is tasking users with ascending and descending a makeshift pyramid of unsecured milk crates. Many […]
Mr Kwesi Amoako-Atta (middle), Minister of Roads and Highways, with Mr George Owusu-Ansah (2nd left), MD, Unilever Ghana Plc; Mr Stephen Jawula (left), Madam Mavis Nkansah Boadu (2nd right), Deputy Ministers at the ministry, and Ing. Edmund Offei-Annor (right), Chief Director at the ministry. Picture: NII MARTEY M. BOTCHWAY The Minister of Roads and Highways, […]
The Ghana Mineworkers’ Union (GMWU) of the Ghana Trades Union Congress (TUC) has called for drastic changes in the current sharing model of the country’s mineral royalties. This is to address the gaps in infrastructural development of mining communities. It said a breakdown showed that, in essence, government made only one per cent of the […]
A research conducted by Foundation for Security and Development in Africa (FOSDA), has revealed that the COVID-19 pandemic has adversely impacted the livelihoods of about 770,000 Ghanaian workers, especially, women and vulnerable groups across the country. The research, conducted in April this year, revealed that the pandemic had affected over 80 per cent of small […]
The Managing Director for Tullow Ghana, Wissam Al Monthiry, has reiterated Tullow’s intent and commitment to continue investing in Ghana through its audacious Ghana Value Maximisation plan. Under the plan, Tullow and its partners will invest over $4 billion over the next 10 years to maximise value from the Jubilee and TEN assets and deliver […]
Managing Director of ADB, Dr John Kofi Mensah Agricultural Development Bank (ADB) has made a profit after tax of GH¢65.4 million in 2020 compared to GH¢14.9 million in 2019, despite the adverse impact of the global pandemic. This represented over 400% growth in performance in 2020, occasioning a Return on Equity and Return on Assets […]
TANZANIA Agricultural Development Bank (TADB) has unveiled a plan to plant 4,000 trees as a way to support the government efforts in making Dodoma city green. Speaking at the Dodoma Green awards event yesterday, the TADB Manager Central Zone, Mr Yodas Mwanakatwe said that TADB always cares for the environment as a way of achieving […]
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