BUSINESS

How the new National Mortgage and Housing scheme works

The new National Mortgage and Housing scheme, piloted successfully by the government over the past two years is effectively reducing the applicable interest rates on mortgages in Ghana by over two-thirds. The new scheme is offering mortgages at about 10 percent per annum. Down from the market offered rate of …

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Man Utd responds to reports of re-sign Ronaldo

Manchester United are not discussing bringing Juventus and Portugal forward Cristiano Ronaldo, 35, back to the club. (Manchester Evening News) Liverpool are ready to make an offer to Olympiakos for Portuguese defender Ruben Semedo, 26, to cover for the injuries to Virgil van Dijk and Joe Gomez. (Sic Noticias, via Express) …

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IPPs threaten to shutdown over unpaid debts

Independent Power Producers in the country have threatened to shut down their operations over unpaid debts by the government. In a ‘notice of shutdown’ letter to the CEO of the Ghana Grid Company, the power producers noted: “we would like to inform you about our firm resolve to withdraw our …

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Achimota student scores all A’s in 2020 WASSCE

Mercy Nana Ama Akomprah of Achimota Senior High School fame has scored all As in the 2020 West African Senior Certificate Examination (WASSCE). The brilliant Science student obtained As in all eight subjects. As a student of science, she scored A in almighty Physics, Biology and Chemistry. Mercy Akomprah is …

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PHOTOS: PRESEC’s NSMQ 2020 Star Scores 8A’s In WASSCE 2020

PRESEC’s National Science and Maths Quiz 2020 (NSMQ) star Gakpetor Daniel Kekeli scores 8A’s in the WASSCE The West African Examination Council (WAEC) has released the provisional results for the 2020 West African Senior Secondary Certificate Examination (WASSCE). Since the provisional results were released on Friday, November 13, 2020, it …

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Mohammed Salah Test Positive For Coronavirus

News information coming from the world of sports has revealed that Liverpool and Egypt player Mohammed Salah has tested positive for the novel coronavirus. Reports suggest that he has currently been isolated and is receiving medical attention. More to come soon….

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Transfer gossip: Man Utd have no plans to re-sign Ronaldo

Manchester United are not discussing bringing Juventus and Portugal forward Cristiano Ronaldo, 35, back to the club. (Manchester Evening News) Liverpool are ready to make an offer to Olympiakos for Portuguese defender Ruben Semedo, 26, to cover for the injuries to Virgil van Dijk and Joe Gomez. (Sic Noticias, via Express) Real Madrid believe they might be able to …

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Ghana to host 2021 AfDB AGM

The African Development Bank (AfDB) on Friday signed a Memorandum of Understanding with Ghana to host the 2021 AfDB Annual General Meeting (AGM) in Accra. The meeting slated for May 24 to 28, 2021 would provide a unique opportunity to discuss challenges and ways to advance the continent’s regional integration …

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First free SHS WASSCE results outshine 2019 batch – WAEC

The West African Examinations Council (WAEC) has released provisional results of candidates who sat for the WASSCE in 2020 in Ghana, showing a massive improvement as compared to the 2019 batch. “The provisional results indicate that there were improvements in the performance of candidates at Grades A1 to C6 in …

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KNUST Female Professor Named Among Top Global Scientists

Professor Marian Asantewah Nkansah of the Department of Chemistry, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana has been named among the top 10 scientists in Africa. She was also named among the top 60 scientists around the world in the 2020 Analytical Scientists Power List. The Analytical Scientists …

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CHECK OUT: WAEC releases provisional results for 2020 WASSCE

The West African Examinations Council (WAEC) has released provisional results of candidates who sat for the 2020 West Africa Senior School Certificate Examination (WASSCE). This follows the completion of all post-examination processes. The results for the schools would be dispatched through the District Directors of Education to their schools. A …

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Senior High Schools to suspend academic work on December 4

The Ghana Education Service has directed the heads of all Senior High Schools in Ghana to provide a break in academic work from Friday, December 4, 2020, to Tuesday, December 8, 2020. The GES made this announcement in a post on its Facebook page. “Management has directed that all SHS …

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Captain Smart leaves Angel FM for Pent TV as CEO?

The controversial Smart has been off the screen of Angel TV for days now without his colleagues and employers revealing the reason. This triggered our team to check on the his social media pages for further checks. Captain Smart who mostly post his “Anopa Bofo” show live on his Facebook …

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Armed Robbers Attack Wa West DCE, Others; Held Hostage For 3hours

Armed robbers on Wednesday attacked and robbed the District Chief Executive (DCE) for Wa West, Mr Edward Laabiir Sabo, his entourage, and other passengers. The robbers also took away unspecified amount of money, phones and other items after holding their victims hostage for three hours. The robbers, who encamped at …

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World Bank approves $130m to boost Ghana’s COVID-19 response

The World Bank Board of Executive Directors on Tuesday, November 10, 2020, approved an additional credit of $130 million from the International Development Association (IDA) for the Ghana COVID-19 Emergency Preparedness and Response Project. The additional financing in the health sector will support the Government of Ghana to scale up …

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Ghana bans poultry imports from Europe over bird flu

The government has temporarily banned the import of domestic birds well as their products from Netherlands, Germany, Russia, Denmark and the United Kingdom with immediate effect. This comes following the outbreak of Highly pathogenic Avian Influenza subtype H5N8 from these European countries. A Press Statement issued by the Acting Chief …

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GIJ: Lectures to commence on January 4 for 2020/2021 academic year

Teaching and learning activities for the 2020/2021 academic year at the Ghana Institute of Journalism will commence on January 4, 2021 This was indicated in the school’s academic calendar which has been approved by their Academic Board. The first semester will have 9 weeks of teaching, ending on Monday, 15th …

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Ghana needs active copyright sector for investment opportunities

Ghana needs an active copyright sector to generate investment opportunities that will result in a higher employment rate and increased levels of income to significantly alleviate poverty, Dr Magnus Ebo Duncan, an Economic Statistician has said. He said there was the need for a policy to retain existing copyright sector …

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Obrafour’s defamation lawsuit: Delay renders apology [Video]

Host of Delay show, Deloris Frimpong Manso, has finally rendered an unqualified apology to music legend Obrafour over a ‘misinforming’ interview. Delay asked a pressing question which led interviewee Ayisha Modi to make some accusations against Obrafour. Miss Modi alleged she supported many musicians back in the days, citing Obrafour’s …

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Greg Clarke resigns as FA chairman after remark about black players

Football Association chairman Greg Clarke has resigned over the “unacceptable” language he used when referring to black players. Clarke said he was “deeply saddened” for the offence he had caused by using the term “coloured footballers”. The comments came as he was talking about the racist abuse of players by …

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Majority defends US$100 million traffic management contract to Huawei

The Majority in Parliament has justified the US$100 million traffic management contract awarded to Huawei by government. Last year, President Akufo-Addo cut sod for the US$100million contract awarded by the ministry of Roads and Highways to Beijing Everyday Traffic and Lighting Technology Company. The minority in Parliament has cautioned government against the award of …

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Trading activity surges as Stock Market rebounds

Market Summary The benchmark index shed 23.48 points (-1.28%) to close the week at 1,813.79 with a -19.64% year-to-date return due to two banking stocks while the market capitalization decreased by 0.46% to settle at GH¢52.87 billion. Ecobank Ghana (-12.98%) and Societe Generale (-1.54%) dragged the GSE Financial Index down …

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Kofi Adomakoh appointed as MD for GCB

The Board of GCB Bank Limited has announced the appointment of John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective November 9, 2020. Mr. Adomakoh, an astute banker, replaces Anselm Ray Sowah, who ended his tenure of office as the MD of GCB Bank in September …

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