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Vietnamese investors target rice investment

Dao Manh

Vietnamese rice investors and exporters drawn from about 14 companies are in the country to explore investment opportunities in rice production, processing, storage, marketing and distribution.

The one-week visit from September 23-29 is organised by the Vietnamese Ministry of Agriculture and Rural Development and the Ghana-Vietnam Chamber of Commerce and Industry.The country consumes about 750,000 metric tonnes of rice annually.

However, just about 290,000metric tonnes are produced locally leaving a deficit of some 460,000 tonnes which is imported.


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Ghana signs $700m guarantee for Sankofa, Gye Nyame Oil project

Oil Drill Rig

The Government of Ghana has signed an agreement of 700 million dollars with the World Bank to provide financial guarantee for the Sankofa Gye Nyame Oil and Gas Project located 60km offshore Takoradi in the Western region.

The World Bank has already negotiated the legal documentation with the project sponsors– ENI, Vitol, GNPC, and the Government of Ghana.

Two international banks, HSBC and Standard Chartered Bank are expected to jointly provide 500 million dollars Letter of Credit in the context of the World Bank’s Payment Guarantee.


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23 people line up for Ghana’s presidency

Flagstaff House

Twenty-three persons aspiring to become president of Ghana have picked up nomination forms to contest in this year’s December 7 presidential elections, the chairperson of the Electoral Commission, Ms. Charlote Osei, has announced.

The figure is made up of 16 political party presidential aspirants and seven independent aspirants.

They are to return the fully filled forms with a filing fee of GHC50,000 by September 29,2016.

READ Presidential candidates to pay GH¢50,000 as filing fees


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Tulsa shooting: Manslaughter charge for police officer who shot black man

Officer Betty Shelby (L) shot and killed Terence Crutcher, pictured with his twin sister

A police officer who fatally shot an unarmed black motorist in Tulsa, Oklahoma, has been charged with manslaughter, a prosecutor has said.

Officer Betty Shelby shot and killed Terence Crutcher last week while he was standing next to his broken-down car.

In Charlotte, North Carolina, a curfew went into effect to prevent a third night of violence after a black man was shot dead by a black police officer.

Keith Lamont Scott's family deny police allegations that he was armed.


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NPP's incompetence was exposed when Ghana left HIPC - Fifi Kwetey

Transport Minister, Fifi Kwetey

The governing NDC says there is nothing phenomenal about the New Patriotic Party (NPP) economic record because it was shielded from economic difficulties through its decision to go to the International Monetary Fund (IMF).

At the “Setting the records straight” press conference broadcasted on Joy FM, Transport Minister, Fifi Kwetey said the National Democratic Congress (NDC) has had to face economic difficulties unseen under the NPP government.


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MiDA debunks “halt ECG privatization” report

Owura Kwaku Sarfo, CEO of MiDA,

The Millennium Development Authority (MiDA) has debunked media reports suggesting that the Chief of Staff, Julius Debrah has halted the ECG private sector participation process.

According to the authority, the publication is untrue since MiDA has not received any such directive from the office of the Chief of Staff.

“MiDA wishes to state categorically that these comments are untrue and inaccurate,” a statement copied to Citi Business News indicated.


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Mahama touts Ghana’s successes at UN General Assembly

President John Mahama

President John Dramani Mahama took to the world stage – the 71st United Nations General Assembly – to tout Ghana’s democratic and economic strides and told his peers: “I am proud of my country.”
“I am proud of my country. We are variously called the ‘model of democracy’ in Africa or the ‘beacon of democracy’,” he told his colleague Heads of State who gathered for the second day of the general debate of the UN General Assembly in New York yesterday.


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GHANA PRESIDENT DRAWS ON KING OF POP FOR U.N. ADDRESS

President John Dramani Mahama

Ghanaian President John Mahama had a simple message for world leaders when addressing the United Nations General Assembly Wednesday—heal the world.

Drawing inspiration from the King of Pop, the 57-year-old leader told the assembled leaders that the time had come to realize the utopia envisioned by Michael Jackson in one of his most famous records.


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Serena Williams' coach targets 30 grand slams despite 'very bad season'

Serena Williams

(CNN)Despite her 35th birthday fast approaching and niggling injuries possibly shelving what's left of her 2016 season, Serena Williams still retains grand career ambitions, according to her longtime coach.

Remarkably, the American tennis star has been set a target of 30 career singles grand slams.

"I know people are going to be very much focused on the 23rd (grand slam), I'm more focused on the 30th," Patrick Mouratoglou, who has been coaching Williams since 2012, told CNN at the unveiling of his new tennis academy on the French Riviera.


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