BUSINESS

September producer inflation increases to 9.6 percent

Ghana’s Producer Price Index (PPI) for September 2020 has increased to 9.6 percent from 9.0 recorded in the previous month, the Ghana Statistical Service has said. This, according to the Service represented a 0. 6 percentage points increase in producer inflation relative to the rate recorded in August this year. …

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Stock market rebounds on the back of GCB

Market Summary The benchmark index gained 3.80 points (+0.21%) on the back of GCB Bank (+4.05%) to close today’s session at 1,842.85 with a -18.36% year-to-date return while the market capitalization was up 0.07% to close at GH¢53.73 billion. Consequently, the GSE Financial Index closed 6.90 points (+0.42%) higher at …

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Mahama left only 23 E-blocks; we’ve added 27 more – Bawumia

Vice-President Mahamudu Bawumia has said that while the Mahama administration built only 23 out of the 200 Community Day Senior High Schools (E-blocks) it promised, the Akufo-Addo government, in its first term of office, has been able to add 27 more E-blocks to accommodate senior high school students enjoying the …

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Ghana ditches Ethiopia and welcomes Egypt for national airline

Egyptian flag carrier EgyptAir has signed a memorandum of understanding with Ghana’s government to establish a Ghanaian national aviation company with investments from both countries. The MoU aims to enable the Ghanaian side to benefit from EgyptAir’s vast experience, as Africa’s oldest air carrier that provides its services to more …

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Election 2020: Lucifer prophesies winner

Controversial speaker Kwaku Peprah popularly known as Quotation master or Lucifer says the current President, Nana Addo Dankwa Akufo-Addo will win the coming elections again. He said this in an interview with Happy FM’s Okatakyie Afrifa Mensah on Epa Hoa Daben on Happy FM when he stated: “Per my knowledge on numerical …

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Coronavirus: US cases reach record high amid new wave of infections

US coronavirus cases have hit a record daily high as states grapple with a renewed wave of infections. Citing data from local state health authorities, the Covid Tracking Project reported 83,010 new cases on Friday. US Surgeon General Jerome Adams has warned that hospital admission numbers are growing, but mortality …

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Ofori-Atta presents Q1 2021 budget Oct. 28

The Minister of Finance, Mr Ken Ofori-Atta, will, on Wednesday, 28 October 2020 present to Parliament an advanced budget covering government spending for the first quarter of 2021. This was disclosed by Majority Leader and Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, today, Friday, 23 October 2020, when he briefed Parliament …

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Work hard to revive CPP- Otumfuo urges CPP leadership

The Asantehene, Otumfuo Osei Tutu II, has called on the leadership of the Convention People’s Party (CPP) to work hard to revive the party and position it firmly to be a force in the country’s political dispensation. He said the forebearers of CPP worked extremely hard to position it as a …

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UG chapter of UTAG welcomes suspension of Public Universities Bill

The University Teachers Association of Ghana (UTAG) has urged the government to consult the necessary stakeholders within the education sector if it really wants to pass the Public Universities Bill. The comments come on the back of the announcement of the suspension of the Bill. Speaking to Citi News, the President of the …

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Coronavirus: Cristiano Ronaldo tests positive again!

Cristiano Ronaldo has tested positive for coronavirus again and will miss next week’s crunch clash with Barcelona. The Juventus star flew home early from international duty with Portugal earlier this month after returning a positive test. Ronaldo has tested positive again and will now miss the Champions League clash with Barca, according …

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Gov’t to expand economy with iron, steel

The Minister of Lands and Natural Resources Kwaku Asomah-Cheremeh has noted that for a long time Ghana has been sitting on another mineral that has the potential to catapult the local economy but it hasn’t been given much attention. This, according to him, is iron, the bedrock for the Iron …

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Election 2020: ‘We’ll vote for Mahama’ – Menzgold customers

Disgruntled customers of the defunct gold dealership firm, Menzgold Ghana, have resolved to vote for former President John Dramani Mahama in the December 7 elections to enable him to address their concerns. Some of the customers who stormed the campaign rally of Mr Mahama in the Tarkwa-Nsuaem constituency said they were …

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UCL: Late Rashford goal earns Man Utd win at PSG

Marcus Rashford repeated his late heroics against Paris St-Germain with a superb winner as Manchester United marked their return to the Champions League with a fine win at the home of last season’s beaten finalists. Rashford’s stoppage-time penalty sealed a famous victory at the Parc des Princes 18 months ago and the …

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Djembe Consultants and AfriLabs Unveil Report to Build a Resilient Innovative Africa During a Pandemic

Report Provides Rich Perspectives from Scaling Innovations and Entrepreneurship,to Transforming Education Towards a Skills-based Model of Collaborative Learning and Powerful Calls for Policy Enhancements to Help Women and Youth in the Informal Sector. 12th OCTOBER 2020: Djembe Consultants, the award-winning Africa-focused communications consultancy, today launched its latest Insights Report in partnership with …

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GSS, UNDP engage journalists on data reporting

The Ghana Statistical Service (GSS) in collaboration with the United Nations Development Program (UNDP) has engaged journalist in a two-day training program on data interpretation and communication. At the two-days training, Prof. Samuel K Annim, Government Statistician said, GSS and its partners often produce research reports on various aspects of …

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Ajumako to get University on its own – Mahama

The Presidential Candidate of the opposition National Democratic Congress(NDC) John Dramani Mahama has promised to give the people of Ajumako Enyan Essiam Constituency a University. According to him, Ajumako Enyan Essiam Constituency deserves a University that will improve the educational standard of the people in the area. “I will transform …

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