BUSINESS

Men urged to examine testes at least once a month

  A Urologist and Head of Department of Surgery at the Tamale Teaching Hospital has urged men to examine their testes at least once every month and report any possible disorders to a hospital. According to him, though testicular disorders, especially testicular cancer, are rare, early detection is necessary for …

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President Appoints 3 Key Advisors

Ahead of the release of list of deputy ministers, President Nana Addo Dankwa Akufo-Addo has made three key appointments into his administration, appointing former Senior Minister, Yaw Osafo Maafo as senior presidential advisor at the Office of the President. The other appointees are Dr Anthony Akoto Osei, former Minister of …

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SSNIT leader honoured Most Impressive Leader of the Decade

The Initiators of Change Foundation (ICF) has presented a Lifetime in a Portrait Award to the Director-General of the Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang, as the Most Impressive Leader of the Decade. The presentation was done at a short ceremony at the Pension House in …

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Stop participating in Cryptocurrency transactions – SEC warns Ghanaians

The Security and Exchange Commission of Ghana (SEC) has cautioned the general public against engaging in the transaction of cryptocurrency (bitcoin) in any form. According to the Deputy Director-General of the Securities and Exchange Commission, Paul Ababio cryptocurrency is illegal in the country and is not regulated by the commission …

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Bawumia inspects installation of unique addressing system for Ghana

The Vice President of the Republic, Dr Mahamudu Bawumia, has inspected work on the ongoing installation of unique addresses on all 7.5 million properties across the country. The new addressing system, which leverages the existing GhanaPost GPS system, is made up of a unique house number, street name, digital address …

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Twitter to establish Africa headquarters in Ghana

Twitter has announced it has settled on Ghana as the place to establish its Africa headquarters. “Today, in line with our growth strategy, we’re excited to announce that we are now actively building a team in Ghana. To truly serve the public conversation, we must be more immersed in the …

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Absa shuts down massive unit trust

(Supplied) In an extraordinary move, Absa has decided to close its popular Absa Money Market Fund. It says that many investors in the fund are under the mistaken impression that it guarantees the unit trust. South Africans have invested almost R86 billion in the unit trust, which has been around …

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Tullow kicks off multi-year drilling campaign off Ghana

Oil and gas company Tullow Oil has started a multi-year, multi-well drilling campaign offshore Ghana following the beginning of drilling of the first well at the Jubilee field on Monday. The Maersk Venturer drillship, which has been contracted for four years, is expected to drill four wells in total in …

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Airlines back to Kia as tourism picks up

Some foreign airlines to the Kilimanjaro International Airport (Kia) have resumed flights after recent suspensions following reduced traffic because of the global Covid-19 pandemic. Discussions are underway to have three others – Kenyan Airways (KQ), Turkish Airlines and Germany-based Condor – resume flights to Tanzania’s gateway to the northern tourism …

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Polythene wrapped banku: A more deadly substitute for cigarettes?

  A report shared by a Facebook user claims that eating banku, local fermented corn and cassava based food wrapped in polythene, is equivalent to smoking 135 sticks of cigarettes. Initial investigations reveal that this claim has been seen making its rounds online. With this re-circulation, the discussion has picked …

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Bank of Ghana finally receives US$3 billion Eurobond cash

  The US$3 billion Eurobond cash raised by the Finance Ministry in the last week of March 2021 has hit the account of the Bank of Ghana. JoyBusiness reports that the BoG received the funds on April 7, but could not establish whether the necessary transaction cost of the lead managers …

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SC Zamalek crash out of Caf Champions League

  Egyptian giants SC Zamalek have crashed out of the Caf Champions League less than five months after being defeated in 2020 final. The Cairene heavyweights downed Senegal’s FC Teungueth 4-1 in their final group fixture on Saturday and appeared to be taking a giant step towards the knockout stages. …

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GRA to move tax payment online from May 1

Effective May 1, 2020, taxpayers can file their taxes through the Ghana.gov platform and other automated channels. The Ghana Revenue Authority (GRA) has said an automated system is bound to improve tax collection as well as remove elements that impede payments. Speaking on PM Express Business Edition on Joy News, …

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Bank of Ghana finally receives $3bn Eurobond cash

The $3 billion Eurobond cash raised by the Finance Ministry in the last week of March 2021 has hit the account of the Bank of Ghana. JoyBusiness reports that the BoG received the funds on April 7, but could not establish whether the necessary transaction cost of the lead managers was …

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Kasoa murder: New twist to arrest of traditional priestess

The traditional priestess arrested in connection with the Kasoa money ritual murder, Charity Mensah, has been granted bail. Madam Mensah was granted bail due to her condition as a nursing mother. This follows her arrest on Wednesday, April 7, 2021, together with one Desmond Nii Adjei, at Amanase near Suhum in the …

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Over 300 workers of Aviation Handling Services sent home

  Over 300 workers of the Aviation Handling Service Ghana, have been sent home in a redundancy exercise due to the impact of the COVID-19 pandemic. A letter titled: “Notice of Redundancy,” dated March 4, 2021 and singed by Thierry Maillot, the Managing Director to the affected staff, made available …

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Fetish priestess arrested in Kasoa murder granted bail

The Fetish priestess arrested in connection with the murder of 10-year old Ishmeal Mensah Abdallah has been granted bail. The Eastern Region Police Command on Wednesday 7th April 2021 arrested a fetish priestess, Charity Mensah, and one Desmond for their roles in the Murder of Ishmeal. Speaking to Kaakyire Ofori …

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60-year-old man goes missing

The family of 60-year-old Thomas Agbetorglo is appealing to the general public to help with information on his whereabouts. According to his niece, Patience Otu, he was last seen on Tuesday, March 16, 2021, at Teiman Borga Town in Oyarifa in the Greater Accra Region. Patience said Mr Agbetorglo developed …

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European Union And UNIDO Supports Ghana Cosmetics Industry

ACCRA, 8th April 2021 – The West African Competitiveness Program (WACOMP) funded by the European Union and implemented by the United Nations Industrial Development Organization (UNIDO) in coordination with the Ministry of Trade and Industry (MoTI) as part of boosting the cosmetics and personal care industry in Ghana has in …

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SEC drafts new guidelines to check misappropriation of investments

  The Securities and Exchange Commission (SEC), has begun drafting a new guideline on third party and related transactions that will prevent misapplication and misappropriation of investment funds by fund management firms. The collapse of some management firms was attributed to a third party and related transactions. The deputy director …

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