BUSINESS

PIAC wants GNPC listed on stock market

The Public Interest and Accountability Committee (PIAC), the body mandated with ensuring the efficient management of petroleum revenues, says Ghana National Petroleum Corporation (GNPC) should be listed on the stock exchange (GSE) to cede control and ownership of the national oil company to Ghanaians. The move, according to PIAC, will …

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Three men die after drinking poisoned akpetshie

Three men who are said to be in their forties have lost their lives after drinking local gin called akpeteshie which was laced with poison. The mortal remains of the three,  Mr John Andy, 43, Mr Loius Amangua, 41 and Mr Paul Etwe are said to have been deposited at …

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Court ruling dramatically restores Ahmad as Caf president

Madagascar’s Ahmad Ahmad has been dramatically restored as Confederation of African Football (Caf) president following a ruling by the Court of Arbitration for Sport (Cas). Mr Ahmad was banned by Fifa in November for five years after football’s world governing body found him to have breached several of its ethics …

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Fuel prices to increase by over 2 percent from next week

Fuel prices are expected to increase by over 2 percent per litre from next week across various pumps in the country. The increase is based on figures provided by the Bulk Oil Distribution Companies. Already, the price of fuel at some major pumps across the country is currently selling at …

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Ghana’s debt stock hits GH¢286.9 billion

Ghana is running out of fiscal space as its debt-to-GDP ratio reached 74% at the end of 2020. Latest economic and financial data released by the Central Bank put the country’s debt stock at GH¢286.9 billion. This figure is the highest in nearly four years, following early attempts to cushion …

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Dr Obengfo’s Advanced Body Sculpt Centre Closed Down

A private health facility, the Advanced Bodysculpt Centre popularly known as the Obengfo Hospital has been closed down again after suffering similar ordeal in the past. This time, the facility was closed down by the Health Facilities Regulatory Authority (HFRA) for allegedly practising without a license. This was after a …

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Commercial flights to Ho to begin in Easter

The Ghana Airports Company Limited (GACL) has announced the launch of commercial flights to Ho during the Easter holidays. Madam, Amma Faake Gadzekpo, Head of Business Development Services of the GACL said the facility had long been ready, and that the Company had been looking for the “right opportunity and …

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ECOWAS sets US$50 maximum cost for coronavirus testing

The Economic Community for West African States has made a resolve to set a US$50 amount to be paid by citizens of member countries in order to gain access to COVID-19 testing. This is according to a communique issued following the 58th Ordinary Session of Authority of Heads of State and Government …

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Ghana ranked 9th African country with largest Chinese debt

Ghana has been ranked as one of the countries on the African continent that is heavily indebted to Asian superpower, China. China over the past few years has established itself as one of the world’s economic superpowers and as such the Asian country has become one of the biggest lenders …

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Drop all charges for COVID tests for Ghanaians – MoH to labs

The Health Ministry has directed public laboratories in the country to drop all charges for Ghanaians who walk in for COVID-19 tests. A circular by the ministry to labs, however, noted charges for foreigners should still be in place. “The Ministry has decided that public COVID-19 testing laboratories providing walk-in …

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Fire ravages dormitory facility at Paga SHS

Fire has destroyed a girls’ storey dormitory facility at the Paga Senior High School in the Kassena-Nankana West District, our Upper East Correspondent – Senyalah Castro, reports. The Tuesday morning fire completely destroyed the roof of the structure, electrical components especially at the top floor, books, personal provisions and other …

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Coronavirus: Policy makers face uncertainties amid second wave

Amid the second wave of the coronavirus pandemic, policy makers currently face uncertainties on how the economy will respond, Director of Research and a member of the Monetary Policy Committee of the Bank of Ghana, Philip Abradu-Otoo, has said. Although the country’s economic growth has been projected by international ratings agency …

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NSS releases 2021/2022 nurses’ postings

The National Service Scheme (NSS) has announced the release of national service postings for over 10,964 nurses for the 2020/2021 service year. The secretariat has, in a statement, directed all eligible nurses who registered for national service to log onto www.nss.gov.gh to check their placements and then proceed to the various user agencies to …

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Three COVID-19 positive cases recorded in schools so far – GHS

The Ghana Health Service (GHS) says it has confirmed three cases of COVID-19 in schools since their resumption a week ago. Dr. Kumah Aboagye, the GHS Director General, revealed this at a Ministry of Information press briefing on Ghana’s COVID-19 case updates on Monday, January 25, 2021. He said two …

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NaCCA organises CCP Training for GNACOPS Master Trainers

The National Council for Curriculum and Assessment (NaCCA), an agency of the Ministry of  Education mandated to develop Curriculum and to ensure its effective implementation, has collaborated with the Ghana National Council of Private Schools (GNACOPS) to train selected Master Trainers to enable them effectively train teachers in all private …

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Businesses scared by threat of renewed lock down

Business owners and corporate managers in Ghana are in a state of palpable unease in reaction to the warning delivered in a nationwide television address by President Akufo-Addo that Ghana may return to partial lockdown if the country’s Coronavirus situation continues to deteriorate. By the end of last week, the …

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New oilfield development in Ghana stalls

The Government of Ghana has set a new deadline of May 2022 for the unification of the Sankofa and the Afina oilfields, the former already being operated since 2017 by ENI and the latter discovered in 2019 by Springfield, but still awaiting a Plan of Development. However, government’s insistence on …

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UG, UCC Basic Schools closed down as senior staff’s strike bites

Basic schools managed by some universities in have been closed down indefinitely–as their senior staff’s strike begins to bite hard. The Universities of Ghana and Cape Coast, have in a letter informed stakeholders including parents of the development. “It is very unfortunate to inform you of a postponement of in …

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GIRSAL guarantees GH¢66 million of credit to agribusinesses

The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL) has issued guarantee cover for loans of about GH¢66 million given by financial institutions to agribusinesses. This was made known by Ken Ofori -Atta, the President’s nominee for Minister of Finance, in a speech read on his behalf by the former …

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