BUSINESS

Here’s what famous ‘Black Friday’ means

You may have seen a lot of alerts and posts on social media and in shops with the inscription, Black Friday and you may have been wondering exactly this means! Well, today, Friday, November 26, 2021, is Black Friday, a day after the US Thanksgiving holiday that allows people to …

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BREAKING NEWS: Parliament rejects 2022 Budget

Parliament has rejected a motion that sought the approval of the 2022 Budget as presented by the Finance Minister, Ken Ofori-Atta. All 137 Minority Members of Parliament voted against the motion when the question was put by Speaker Alban Bagbin. The Majority had earlier walked out of the house after a disagreement with the …

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Greece donates AstraZeneca COVID-19 vaccines to Ghana

The Greece Government on Thursday donated 150,000 doses of AstraZeneca COVID-19 to Ghana. The donation was to compliment Ghana’s efforts in the fight against the pandemic and attain herd immunity. Mr Nikolaos Dendias, Greece Foreign Minister, who presented the vaccines, said until COVID-19 management resources were shared at the global …

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Poor sanitation will collapse our business – Kumasi traders

Many traders undertaking business activities in and around the Dr. Mensah business enclave in the Kumasi Metropolis have expressed worry over poor sanitation in the area. According to them, the situation is deterring several of their customers which they fear may collapse their businesses. They say if steps are not …

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Two multi-million projects abandoned at Asueyi gas production plant

A 120 kilowatts (KW) capacity gas production plant and a seven tonnage-per-day mechanized gari processing factory completed in 2017, have been abandoned at Asueyi near Techiman in the Bono East Region. Mr Ernest Adakwa Yiadom, the Techiman North District Planning Officer, disclosed that the factory was not in operation after …

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2022 Budget: E-levy – 10 critical questions answered

The Minister of Finance, Ken Ofori-Atta in his 2022 Budget presentation spoke about a new tax government was proposing, the Electronic Transaction Levy (E-levy). The levy has dominated discussions in and out of Parliament with proponents stressing its importance to broadening the tax net while opponents have lamented its negative impact on …

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SEC grants first domestic credit rating licence

The Securities and Exchange Commission (SEC) has issued the first credit rating licence to an indigenous company in Ghana, which will allow for an independent evaluation of the creditworthiness of debt securities on the Ghana Fixed Income Market. This will be a boost to development of the corporate bonds market, …

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Government to implement ‘Work abroad’ programme

The government has revealed its intention to facilitate the recruitment of Ghanaian labour seeking to work in the Gulf region in a programme dubbed ‘Work abroad’. This, it believes, would help cut down on the mistreatment of Ghanaians who go there in search of greener pastures. Giving a keynote address …

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Meet the 2 adults aged 55 and 63 who sat for BECE 2021

MyNewsGh.com has confirmed the participation of two adults who sat for the just-ended Basic Education Certificate Examination (BECE) in the country. The two who are aged 55 and 63 respectively were sat for the exam in the Upper East and Ashanti Region respectively. 1. Akusiak Despite being a father who …

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Monetary policy rate reviewed to 14.5%

The central bank has reviewed its policy rate from 13.5% to 14.5% Inflation, among other factors contributed to this new decision The first MPC meeting for 2022 is scheduled for January 25 to January 28, The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by …

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Ghacem partners KNUST to launch cement ratio mix app for masons

Ghana Cement Manufacturing Company (Ghacem) has launched an application on Google and IOS platforms to assist masons to know the safety of cement usage as well as application in the country. The app, according to the management of Ghacem, was to teach masons across the country, cement ratio mixes to …

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3 uses turmeric powder for your skin

Treatment for acne Clears dark circles Lightens scars and marks People around the world have likened turmeric to be the best root vegetable with its acne healing properties effective in ways the mind cannot comprehend. The rhizome that looks bright, yellow-orange is made available by drying the small pieces of …

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Massive jubilations as 2021 BECE ends smoothly in Ashanti region

The 2021 Basic Education Certificate Examinations (BECE) ended smoothly across all centres in the Ashanti region with wild jubilation by candidates for completing Junior High School (JHS) education. The examinations, which commenced on Monday, November 15, 2021 and ended on Friday, November 19, 2021, with a total of 111, 432, …

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Bawumia’s Executive Secretary installed chief for role in digitalisation

Vice President Dr. Mahamudu Bawumia’s Executive Secretary, Augustine Blay has been installed Boafohene of Sefwiman for his immense contribution to Ghana’s digitalization agenda and to the development of the Western North Region. The citation that came with his coronation said in part that he was being installed Boafohene (chief helper) …

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SSNIT withholds GH¢186.58m of pension benefits

Deputy Director-General of Operations and Benefits at the Social Security and National Insurance Trust (SSNIT), Laurette Korkor Otchere, has revealed that the Trust withheld the pensions of about 24,333 pensioners, amounting to GH¢186.58million, as of November 2021. These are people who have not re-enrolled biometrically or not completed/renewed their Pensioner …

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499 failed law students thank Akufo-Addo, Dame

The 499 law students are to enrol at GSL This was after a letter from AG They met the leadership of GLC The 499 law students have expressed their sincere gratitude to President Nana Addo Dankwa Akufo -Addo, and the Attorney-General (AG), Godfred Yeboah Dame for listening to their plights …

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