BUSINESS

3 school children die in a head-on collision, many injured

Three school children have died after a vehicle conveying them home collided head-on with an overtaking car. The three deceased children have been identified as Jerry Quartey, Osten Kwaku, and Albert Odame Sarfo, all 7 years. Kasapa News has gathered that the incident occurred Tuesday, December 7, 2021, at about …

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Meet the four NDC MPs facing legal challenges

Four NDC MPs are before the courts Two of them with respect to their election and another over a protest he led The fourth is facing corruption charges in his time as Minister Four Members of Parliament of the opposition National Democratic Congress, NDC, are facing legal challenges on a …

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ECG shuts down Tema Oil Refinery over ¢27m debt

A task force from the Electricity Company of Ghana (ECG) has cut electricity supply to the Tema Oil Refinery (TOR) for its failure to pay its bills. According to the energy distributor, TOR’s current debt is about ¢27 million cedis, hence disconnecting them. ECG says it has been working tirelessly …

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2022 budget remains rejected – Murtala

Tamale Central Lawmaker, Ibrahim Murtala Muhammed, has said that as far as the Minority is concerned, the 2022 budget statement remains rejected. For the budget to be accepted, he said, the Minister of Finance would have to relay the entire document in Parliament with the changes duly reflected. “As far as we …

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GOIL reduces fuel prices further by 15 pesewas

Ghana’s leading indigenous oil marketing company, GOIL Company Ltd, has announced a further 15 pesewas reduction in fuel prices at all its retail outlets across the country effective December 7, 2021. This means that a litre of Super XP (Petrol) and Diesel XP will both sell at GHC6.70 from the …

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NIA takes delivery of first batch of Kantanka cars

The National Identification Authority on Monday, December 2021 took delivery of 18 Oman Ma pickup vehicles from the Kantanka Automobile Company. The presentation of the 18 vehicles the first batch 85 cars being manufactured by the Ghanaian automobile firm for the NIA. At a brief handing over ceremony, the Corporate …

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Asafo Coffin Makers fight KMA over ‘forceful eviction’

Coffin Makers at Asafo Labour in the Kumasi Metropolis have threatened to fight officials of KMA with coffin over what they described as “forcibly ejection” by the authority.   The Coffin Makers who marched in their numbers to the premises of OTEC FM on Monday December 6, 2021 to protest …

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Ghana announces tax incentives for Belgian investors

Ghana has announced some tax incentives to 29 Belgian investors exploring business opportunities in the country. The Deputy Minister of Trade and Industry, Mr Herbert Krapa, in a keynote address at an information session on Business Opportunities in Ghana, said the incentives include renewable corporate tax holiday of five years …

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Ghana, South Africa hoping to team up to produce covid-19 vaccines

President Nana Akufo-Addo has said Ghana has taken the lead among African countries to ensure that coronavirus vaccines are produced locally. Mr Akufo-Addo said African countries could no longer rely on other countries around the globe for vaccines to inoculate the people.. His comments came on the back of a …

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Commercial transport operators sqtart sit-down strike today

The Coalition of Commercial Transport Operators has directed all commercial transport operators to embark on a sit-down strike from Monday, December 6th to back home their demand for government to remove five taxes contained in the 2022 budget. The five taxes and levies are- the Price Stabilization and Recovery Levy, …

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Buying a Ghana-used car – 3 mistakes you must avoid

Buying a car is a big decision especially for first time buyers because of the huge financial input it requires to get even a moderately priced vehicle in Ghana. Therefore, such a decision should be taken with the best awareness of what to look out for in order to get …

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How South African government spends every R100 of taxpayers’ money

Statistics South Africa has published its latest data on government spending, and the key sectors where taxpayer money is used. The data shows that government spending flirted with the R2 trillion mark in the 2019/20 financial year, representing a 10% rise from the R1.79 trillion recorded in 2018/19. ‘General government’ …

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Victoria Hammah slams Keta SHS girl for rejecting Dubai trip

Keta SHS finishes third in 2021 NSMQ Fransisca Lamini celebrated for being first girl to make final in 8 years Fransica Lamini rejects Dubai trip Former Deputy Communications Minister, Victoria Hammah, has described as a betrayal, a decision by Francisca Lamini, the female member of the Keta Senior High School’s …

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Cocoa Farmers boycott National Farmers’ Day celebration

Cocoa farmers say they have been treated unfairly by COCOBOD Address issues regarding our pensions immediately, farmers to COCOBOD 60% of cocoa farmers in Ghana are poor, Research Members of the Ghana National Cocoa Farmers Association (GNACOFA) boycotted this year’s farmers’ day celebration following what they described as the Ghana …

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What are the symptoms of Omicron?

The first cases of the new Omicron variant of coronavirus have now been detected in the United Kingdom (UK). It was highlighted by scientists in South Africa as a potentially worrying new strain. What tests are used to detect Omicron? Swabs from polymerase chain reaction (PCR) tests, which are sent …

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Bank of Ghana approves 24-carat gold coins in honour of Asantehene

Otumfuo to launch gold coins Gold Coins not for legal transactions Commemorative gold coins to be auctioned, sold, Report The Asantehene, Otumfuo Osei Tutu II, is set to officially launch his Commemorative Gold Coins on December 12, 2021. According to reports, the Commemorative Gold Coins is a fitting memorial in honour …

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1% E-levy acceptable – Haruna Iddrisu

Minority Leader in Parliament, Haruna Iddrisu, says his side will readily accept a reduction of the proposed electronic transaction levy (e-levy) to 1% from 1.75%.a “A week ago, it was no no no, we won’t accept e-levy but having listened to officials in government, including the Minister of Finance. “I am …

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Fuel prices to reduce by weekend – IES projects

Total reduces its prices by 2% International crude oil prices have seen some reduction Fuel prices decrease marginally Checks at various pumps have revealed that some Oil Marketing Companies (OMCs) have started revising their prices this morning. The Institute of Energy Security (IES) has stated that prices on the market …

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