BUSINESS

Cocoa trees in Ghana owe $600m – Eric Opoku

The Akufo-Addo government has indebted Ghana’s cocoa trees to the tune of $600 million, opposition lawmaker Eric Opoku has said. The Asunafo South Constituency MP told Accra-based Asempa FM that: “For the first time in the history of cocoa in Ghana, the NPP government has used Ghana’s cocoa to go …

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American Advisors On Agyapa Deal Expose Govt’s Hasty Decision

Merrill Lynch, one of the key advisers on the Agyapa deal, has shockingly projected higher gold prices by 2022, thus underscoring the need for Ghanaians to know how the valuation of the royalties was done by the Akufo-Addo government for the Agyapa deal and the danger of undervaluation. This means …

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CEO of Komfo Anokye Teaching Hospital tests positive for COVID-19

The Chief Executive Officer (CEO) of the Komfo Anokye Teaching Hospital, Oheneba-Owusu Danso has been admitted at a special ward of the hospital after reportedly testing positive for COVID-19. Although there has been no official communication about his condition, a source at the hospital said Dr. Owusu-Danso is coping. The …

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Fresh SHS graduate killed in robbery attack

A fresh graduate of Yendi Senior High School (SHS), Rahman Abdul Basit, has been killed in a robbery-attack-caused accident at Mpaha in the Central Gonja district.   Young Basit, who was heading home after successfully completing his West Africa Senior School Certificate Examination, was a victim of an accident which …

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NDC promises free healthcare for cocoa farmers

The main opposition National Democratic Congress (NDC) has promised to provide Free Primary Healthcare for all cocoa farmers if it forms the next government after the December elections. The NDC in its manifesto launched in Accra on Monday, 7 September 2020 said it will exempt all cocoa farmers from the …

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Asante-Akim North District exports food crops to Togo, Burkina Faso

The Asante-Akim North District of Ashanti is fast establishing itself as the country’s strategic hub for the production and export of some food crops to Ghana’s neighbouring countries notably Togo and Burkina Faso. For the past six years, farmers in the district with Agogo as its capital, have been exporting …

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Messi reports for Barcelona training

Barcelona’s all-time top scorer Lionel Messi has returned to training following his failed attempt to force a move away from the club. Messi, 33, submitted a transfer request on 25 August but said last Friday he would stay because it is “impossible” for any team to pay his release clause. …

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NHIS pays GH¢915 million claims

The National Health Insurance Authority (NHIA) has paid GH¢915 million claims from January to August 2020 to service providers. In the order of payments, a total of 4,292 service providers comprising 2,993 public health facilities, 1,038 private health facilities, 228 mission health facilities and 33 quasi-government health facilities have been …

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GUTA warns govt on Ghana-Nigeria Friendship Act proposal

President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng has raised concerns on the need for government to be circumspect with the proposed Friendship Act with Nigeria so Ghanaians are not disadvantaged. The GUTA boss is however, questioning the rationale behind Ghana relaxing its trade laws to …

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Cassava Processing Factory For Keta Begins

Mr Godwin Edudzi Yao Effah, the Municipal Chief Executive (MCE) for Keta, has cut the sod for the commencement of works on Cassava Processing Factory at Tsiame-Dorveme in the Municipality. The factory, which is a partnership between the Municipal Assembly and Hormeku Engineers and Planners (HoPE) Limited, is part of …

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Govt to set up satellite campus of UDS at Yendi

Vice President Mahamudu Bawumia says government is in discussion with the University of Development Studies (UDS) to set up a satellite campus in Yendi. In addition, he announced plans to convert the Pong Tamale Veterinary College into a university of agriculture. Vice President Bawumia announced this when he paid a …

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Govt to borrow GH¢22.7bn within next 3 months – Finance Ministry

The government will borrow GH¢22.7 billion within the next three months, beginning this month. According to the Bank of Ghana’s issuance calendar, GH¢19 billion will, however, be used to settle principal and interest of existing loans. Another GH¢3.05 billion, which will be in fresh issuance, will be used to finance …

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Covid-19: Deaths rise but active cases drop

Ghana’s coronavirus deaths have seen three additional cases recorded. From the latest update released by the Disease Surveillance Department of the Ghana Health Service on Saturday, September 5, the number of deaths has risen from 280 to 283. With 43,693 recovered/discharged patients, the country’s active cases now stand at 801. …

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Coca-Cola Ghana to lay off staff

The Coca-Cola Bottling Company of Ghana Limited has served notice of its intension to lay off workers due to challenges exacerbated by the COVID-19 pandemic. A memo to the staff dated 31 August 2020, said the Chief Labour Officer of the Ministry of Employment and Labour Relations has already been …

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UMaT Finance Director surcharged GH¢8,500 by Public Accounts Committee

Director of Finance at the University of Mines and Technology (UMaT), Jonathan Sakoe has been surcharged by the Public Accounts Committee (PAC) of Parliament to refund an amount GH¢8,555.50 as an unretired impress in the acquisition of lands and buildings by the school. The amount of GH¢18,777.50 was allocated a consultant, Mr …

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