BUSINESS

Agenda 111 is biggest investment in healthcare – Akufo-Addo

President Nana Akufo-Addo has stated that his government will ensure the construction of regional hospitals in all the newly created regions and districts without hospitals. Delivering his first State of the Nation address of his second term on Tuesday, March 9, President Akufo-Addo described Agenda 111 as the biggest healthcare …

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SoNA 2021: More health workers to be recruited – Akufo-Addo

President Nana Addo Akufo-Addo says his government will recruit more health workers in his second term to help improve Ghana’s healthcare delivery services following the devastating impact of COVID-19 across the globe. Delivering his first State of the Nation address in Parliament on Tuesday, 9 March 2021, Nana Akufo-Addo noted that his …

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Address cash flow challenges of GRIDCo, ECG – IES to Gov’t

The Institute for Energy Security (IES) has called on government to address the cash flow challenges of the Ghana Grid Company (GRIDCo) and the Electricity Company of Ghana (ECG) to enable them operate effectively across the country. This follows the disruption of power supply across the country on Sunday, 7 …

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New rules to protect dormant deposits

The Bank of Ghana last week unveiled new regulations that address the sometimes controversial issue of inactive deposit accounts. Up till now, deposit-taking institutions have been allowed to apply their own definitions of what constitutes a dormant account and what to do with accounts they classify as dormant, and this has sometimes …

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KGL to release funds to NLA for payments of wins

The Management of KGL Technology Limited, a licensed online lotto marketing company responsible for the operation of *959#, the official shortcode of NLA has arrived at a consensus with the leadership of the Financial Business and Services Employees Union (FBSEU) of G. F. L., and the National Lottery Authority (NLA). …

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Ghana wins ‘airport war’ with Britain

British online news platforms as well as some newspapers have been awash this week with news that British authorities would now allow flights from Accra, Ghana to land in Heathrow instead of Gatwick as had earlier been proposed by British authorities. Some of the reportage did very little to hide …

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Stop punishing children for speaking vernacular in school

The Dean at the Faculty of Ghanaian Languages of the University of Education Winneba, Professor Charles Owu-Ewie says it is unjust to prohibit children from speaking vernacular in schools. Speaking at a virtual symposium on the role of the mother tongue in improving literacy in Ghana on 3fm 92.7, the …

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Cement price goes up

Owing to the COVID-19 pandemic, the price of cement has escalated over the last few days across the country. According to cement sellers and stakeholders, “clinker”, the raw material used to produce cement is imported and since its price has increased in the international market owing to the pandemic, a bag of …

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Reopening for SHS 1 students postponed to 18 March

First-year Senior High School (SHS) students across the country are expected to report to school from Thursday, 18 March to Sunday, 21 March 2021 the Ghana Education Service (GES) has announced. First-year SHS students across the country were initially scheduled to report to school on Wednesday, 10 March 2021. However, …

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GRIDCo speaks after nationwide ‘dumsor’

The Ghana Grid Company Limited has said its technical team is working to restore power after some challenges led to a total shut down. This release comes after all parts of the country experienced interruption in power supply around 2:00pm on Sunday March 7, 2021. According to GRIDCo, the technical …

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Government clears GH¢4 billion BDC legacy debt

The Government of Ghana (GoG) has settled debts in excess of GH¢4 billion owed Bulk Oil Distribution Companies (BDCs) in the country. A perusal of the Ghana Chamber of Bulk Oil Distributors (CBOD) 2019 Ghana Petroleum Industry Report by norvanreports, reveal that the last payment of the 8-year legacy debt …

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Registration of private candidates for BECE begins

The West African Examinations Council (WAEC) has opened registration for the 2021 Basic Education Certificate Examination (BECE) for private junior high school candidates. According to WAEC, first-time candidates as well as those seeking to improve on their grades had up to March 19, 2021, to register for the examination which …

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Election petition verdict to boost investor confidence

The business community in the Sekondi-Takoradi Metropolis (STMA) say the supreme court ruling upholding the election of Nana Akufo-Addo as President could help enhance investor confidence and boost local economic development. They said the ruling in the election petition case had cleared investors uncertainty and that of the business community. …

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Who will present the 2021 budget statement?

There’s been some skepticism as to who will be delivering government’s 2021 Budget Statement and Economic Policy before Parliament next week. The Finance Minister-designate, Ken Ofori-Atta is currently in the United States undergoing treatment for post-COVID-19 complications. His doctors however have advised him to stay on for another two weeks for further observation and …

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Government issues first 5-year bond in 2021

Government began processes to issue a five-year cedi-denominated bond on Tuesday with the publication of an initial pricing guidance through the Ghana Stock Exchange and the closure of the order book on Thursday. A release from the Bank of Ghana said the issuance will roll over maturing two-year notes into five-year bonds. …

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Bright Addae’s Wife Venture Into Cosmetics Business

Mrs Emelia Addae, wife of former U-20 medalist Bright Addae has now joined the cosmetic business. Mrs Addae in an interview commended her husband Bright Addae for supporting her vision and mission as a businesswoman. Bright Addae who now plies his trade Sibu based football club FC Hermannstadt in the …

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2021 Budget: Bawumia replaces Ofori-Atta in Parliament

The Vice President of the Republic of Ghana Dr Mahamudu Bawumia is likely to present the budget statement for the 2021 fiscal year on Friday, March 12, 2021. According to the leader of the majority caucus of parliament Hon. Kyei-Mensah Bonsu, the health status of the Finance Minister-Designate Ken Ofori-Atta is still not known …

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Noguchi dismisses allegation on falsification of Covid-19 test results

A five-member committee, set up by the Noguchi Memorial Institute for Medical Research (NMIMR) in consultation with the University of Ghana, has dismissed claims that the Institute engaged in the falsification of Covid-19 test results. The Noguchi Institute, in a press release dated Wednesday, March 3, has disclosed that investigations …

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