BUSINESS

National Daily Minimum Wage for 2021 is GH¢12.53

  The National Daily Minimum Wage (NDMW) for 2021 is GHC12.53, the National Tripartite Committee (NTC), announced on Thursday, June 03, 2021. The figure represents six per cent over the 2020 figure of GHC11.82. The Committee also fixed the 2022 NDMW at GH¢13.53, which is eight per cent over the …

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National Daily Minimum Wage for 2021 is GH¢12.53

The National Daily Minimum Wage (NDMW) for 2021 is GHC12.53, the National Tripartite Committee (NTC), announced on Thursday, June 03, 2021. The figure represents six per cent over the 2020 figure of GHC11.82. The Committee also fixed the 2022 NDMW at GH¢13.53, which is eight per cent over the 2021 …

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TOR plant collapsing – Workers insist

  Workers of the Tema Oil Refinery with the support of the Tema District Council of Labor are poised to embark on a total sit down strike following what they term an attempt to run down the facility by poor management. They say the strike will later be followed with …

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Transport fares up by 13%

Road Transport Operators in the country have increased commercial transport fares by thirteen percent. This is the first increase in public transport fares this year. The new prices are expected to take effect Saturday, June 5. This means that passengers would have to pay 20 pesewas on every one cedi …

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Teachers threaten boycott after residents shit-bomb school

  School Children at the Agona Swedru Methodist “B” School in the Agona West Municipality of the Central Region are currently having their classes under trees after some residents Shit bombed the school Tuesday Morning. Sources revealed that the action started when the school reopened and has affected both the …

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Tax payment goes online today

  The Ghana Revenue Authority (GRA) will from today move its tax payment systems online. This is part of the GRA’s digitisation effort aimed at making it more convenient for taxpayers to meet their tax obligations and also prevent tax evasion. The digital applications currently in place ensure that taxpayers …

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Dutch Government to help Ghana overcome economic challenges

Mr Ronald Strikker, the Dutch Ambassador to Ghana, has affirmed his country’s commitment to helping developing countries like Ghana overcome the economic challenges caused by the COVID 19 pandemic. He said a concerted and well-coordinated programme under the auspices of global institutions like the World Bank would prove more effective …

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Bank of Ghana lowers policy rate by 100 basis points to 13.5%

The central bank’s Monetary Policy Committee (MPC) has lowered the policy rate by a 100 basis point at 13.5 percent from 14.5 percent. Announcing the decision at its 100th MPC press conference, Governor of the Bank of Dr. Ernest Addison on May 31 said this was based on risks to the country’s …

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Ghana’s public debt hits GH¢304.6 billion

• Ghana’s public debt has risen by GH¢3 billion • This was revealed the latest BoG summary of Economic and Financial Data • The US$3 billion Eurobond is a contributing factor Ghana’s public debt stock is now GH¢304.6 billion. According to the latest Bank of Ghana (BoG) summary of Economic …

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Doctor reveals one dire effect of masturbation in men

Medical Doctor and Clinical Psychologist, Dr. Isaac Newman Arthur, has enlightened men per his medical expertise on one dire effect of masturbation on men that a lot of people did not know about. Interviewed on eTV Ghana’s Men’s Lounge, he disclosed that all through his years of medical practice, he …

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Ghana’s debt stock hits GH¢304.6 billion – BoG

  Latest figures from the Bank of Ghana’s Summary of Economic and Financial Data show that Ghana’s debt stock rose by GH¢13 billion to hit GH¢304.6 billion as of March 2021, representing 70.2% of Gross Domestic Product (GDP). The additional GH¢13 billion debt came about between December 2020 and March 2021. …

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Ghana Manufacturing Awards: Full list of winners [WATCH]

  The 2021 Ghana Manufacturing Awards has been held. The event was held at Kempinski Hotel on Friday, May 28. Below is the full list of winners. 1. Promising Manufacturing Company Of The Year Mchammah Engineering Company Limited 2. Beverages Producing Company Of The Year – Non-Alcoholic Blowchem Industries Limited …

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COCOBOD CEO allays Chinese cocoa production fears

  The Chief Executive Officer of Ghana Cocoa Board, Joseph Boahen Aidoo, has said there is no cause for the country to be concerned over the emergence of China as a cocoa producing nation. The Chinese Academy of Tropical Agricultural Sciences recently reported that the Chinese island of Hainan has …

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Ghana supports India with 150 oxygen concentrators

Following the swell in COVID-19 cases in India, Ghana has provided 150 oxygen concentrators to support hospitals in that country as a token to help India in its fight against the pandemic. The oxygen concentrators, which come with free after-sales and warranty support for a year, have been dispatched to …

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Minority threatens to oppose attempts to increase road tolls

The NDC Minority in parliament has threatened to oppose any increment in road tolls by the NPP government. “We agree with government that we must get more resources to the road ministry to improve our roads. We’ll support government in that endeavour but we shall not support government to increase …

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C/R: Headmistress prevents five pregnant pupils from writing BECE

The headmistress of Efutu M/A Basic school has prevented five final year pupils from writing Basic Education Certificate Examination (BECE) because they are pregnant. According to the students, the headmistress, Evelyn Efua Panyin, does not allow final year students who are pregnant to write their final exams. One of the …

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