COST OF VEEP’S BUNGALOW CAN BUILD 600 HOUSES – EXPERT

COST OF VEEP’S BUNGALOW CAN BUILD 600 HOUSES – EXPERT. Mr Frank Danyansah, Chief Executive Officer of Danywise Estate and Construction has indicated that the cost of the official Vice Presidential residence was enough to provide 600 housing units for the country. He said the sum, $13,900 dollars as quoted by Vice President Mahamadu Bawumia with its cedi equivalent of GHS55,600,000.00 could put up about 600 three-bedroom housing units. The Construction expert revealed this in an interview with the Ghana News Agency, following the Veep’s revelation that the official vice presidential bungalow cost 13,900,000.00 dollars. “The amount above can give this country about 600 units of three-bedroom houses which can




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GHANA RANKED MOST EXPENSIVE COUNTRY IN AFRICA TO LIVE IN – SURVEY

GHANA RANKED MOST EXPENSIVE COUNTRY IN AFRICA TO LIVE IN – SURVEY. MoveHub, an international relocation company has rated Ghana as the most expensive country to live in on the African continent. MoveHub based its assessment on a range of costs, such as the price of groceries, transport, bills, restaurants and rents. These figures are then compiled into an index, using the notoriously expensive city of New York as a benchmark. According to the report published by the Independent.co.uk website, Ghana is ranked among 20 other nations that are deemed expensive to reside in world over. It said: “Ghana is one of Africa’s more prosperous nations, and this is reflected




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GERMANY MOVES 100 TONNES OF ITS GOLD FROM NEW YORK TO FRANKFURT

GERMANY MOVES 100 TONNES OF ITS GOLD FROM NEW YORK TO FRANKFURT. Germany’s central bank said on Thursday it sped up the process of bringing its gold home from foreign vaults in 2016, moving more than 200 tonnes from New York and Paris. The Bundesbank relocated some 216 tonnes of the precious metal to its headquarters in Frankfurt last year, including 111 tonnes from New York and 105 from Paris. That amount was a slight increase over the 2015 total of 210 tonnes, while 2014 saw 120 tonnes moved and 2013 just 37 tonnes. During the Cold War, the Bundesbank kept much of its reserves outside the country for fear




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