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  • Ghana to introduce new driver’s license

    June 5, 2017 5:49 AM 4

    A new driver’s license and the procedure for its acquisition would be launched on July 18. Under the new procedure for the acquisition of driver’s license, applicants could receive their licenses within three to four weeks. Applicants of drivers license whose documents had been approved and their license are ready, would be given a call before the delivery

  • Sanitation SMEs need holistic policies to thrive – Research

    June 3, 2017 8:48 AM 4

    A research conducted by Water and Sanitation for the Urban Poor, Ghana (WSUP), an NGO called for holistic policies to facilitate the operations of Small and medium Scale Entrepreneurs in the sanitation sector. The research dubbed “Creating a stronger non-market environment for small and medium scale sanitation entrepreneurs (SMEs) in Ghana: The opportunities

  • Ghana loses $1bn in cocoa revenue

    June 2, 2017 9:21 AM 6

    Ghana lost about $1 billion in cocoa revenue during the last six months due to a fall in global cocoa prices. The price for a ton of cocoa dropped US$ 3,000 to US$ 2,032 as at June 1, 2017. Global production of cocoa has seen an increase of 15% as against a demand of 2.9%. Watchers of the cocoa market are predicting that supply will outstrip demand this year; the first

  • Barclays reveals massive £2.2bn Africa unit stake sale

    June 1, 2017 7:10 AM 8

    The move, which is part of a strategic review, would see the bank sell most of its stake in Barclays Africa Group. Barclays revealed on Thursday (1 June) it will sell shares worth £2.2bn ($2.83bn) in its Africa Group, thereby increasing the size of the planned stake divestment owing to what the bank described as improved "investor appetite." In March

  • Barclays cuts holding in Africa unit to 15%

    June 1, 2017 7:10 AM 6

    LONDON--Barclays PLC BARC said Thursday it will now sell 285.69 million shares in its African unit, more than originally planned because of strong investor demand, reducing its shareholding to 15%. The U.K. bank said Wednesday it would cut its stake in Barclays Africa Group Ltd. to around 28% from 50.1%. Barclays has now raised 2.22 billion pounds ($2.85 billion)

  • Barclays finishes Africa business sell down with bumper $2.8 billion stake sale

    June 1, 2017 6:27 AM 4

    LONDON Barclays (BARC.L) will sell shares worth 2.2 billion pounds ($2.83 billion) in Barclays Africa Group (BGAJ.J), the bank said on Thursday, increasing the size of the planned stake sale due to investor appetite and marking a completion of its planned selldown. The bank said it would sell 286 million shares in Barclays Africa or 33.7 percent, with South

  • Malaysia Airlines plane forced to turn back to Melbourne after bomb scare

    May 31, 2017 7:35 PM 7

    A Malaysia Airlines plane was forced to make an emergency landing at Melbourne's Tullamarine Airport less than 30 minutes into a flight after a man tried to enter the cockpit, claiming to have explosives. One of the passengers on board told SBS World News he believed the man was carrying an "electronic frequency" device. Flight MH128 from Melbourne to Kuala

  • Malaysia Airlines flight forced to land over bomb scare

    May 31, 2017 4:55 PM 7

    A Malaysia Airlines flight was forced to return to Melbourne to land late tonight after a "disruptive" Sri Lankan passenger on board claimed he was carrying a bomb. A Malaysia Airlines flight was forced to return to Melbourne to land late tonight after a "disruptive" Sri Lankan passenger on board the Kuala Lumpur-bound flight claimed he was carrying

  • Malaysian Airlines plane turns back after cockpit entry bid

    May 31, 2017 4:05 PM 7

    A Malaysian Airlines plane has been forced to turn back to Melbourne airport after a passenger tried to enter the cockpit. Flight MH128, bound for Kuala Lumpur, was forced to return "due to a disruptive passenger", a statement from the airline said. The airline said that the flight landed safely and the passenger was apprehended. But Malaysia's Deputy

  • Steve Kpordzih MD of new Construction Bank

    May 31, 2017 9:07 AM 5

    The former boss of the Agricultural Development Bank (ADB) Steve Kpordzih is heading to Construction Bank as its new Managing Director (MD). Mr Kpordzih is expected to lead activities at the new Bank which opens its doors to the public on 30 May 2017. Joy Business has also learnt that the former MD of the HFC Bank, Asare Akuffo will be the new Bank’s