BUSINESS

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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Brazil gives equal pay to men’s and women’s national players

Brazil’s women’s national players will be paid the same as male players for representing their country, Brazil’s football association (CBF) has said. All players will be granted the same daily and prize amounts for taking part in preparation periods and games. CBF president Rogerio Caboclo says the measures were put …

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2.9m pupils in 8,683 public schools benefit from school feeding

The Minister of Gender, Child and Social Protection, Cynthia Mamle Morrison, has disclosed that over 2,980,000 pupils in 8,683 public basic schools are currently benefiting from the Ghana School Feeding Programme, with one hot and nutritious meal for each school-going day. Addressing the media in Accra on Wednesday, 2 September …

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Fuel prices to rise slightly in the 1st half of September – IES

The Institute of Energy Security (IES) is predicting a slight rise in fuel prices in the first half of September 2020. The IES explained that this is so because “taking into consideration the appreciation in the prices of International Benchmark – Brent Crude (2.45%) and refined product – Gasoline (6.23%) …

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COVID-19: Noguchi clashes with government over prices of antigen test

Government and officials of the Noguchi Memorial Institute of Medical Research have clashed over the processes and charges for the testing of passengers who will be arriving at the Kotoka International Airport as it reopens today. Antigen tests are immunoassays that detect the presence of a specific viral antigen, which …

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Ghana’s laws are business-friendly – Diasporans told

Mr. Muctar M. Abbas, Exec. Head of Legal Service and Company Secretary of Bank of Africa Ghana (BOA), has told Ghanaians in the diaspora who intend to invest in the country that Ghana has elaborate laws to assist their operations in the local economy. Mr. Abbas also pointed out that Ghana has …

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David Silva tests positive for coronavirus

Real Sociedad’s former Manchester City midfielder David Silva has tested positive for coronavirus. The 34-year-old Spaniard joined the La Liga club this month after 10 years with City in which he made 436 appearances and won 14 trophies. He is not displaying any symptoms and is self-isolating. The Spanish side …

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Include Gold Coast Fund Management in bailout package

A 70-year-old Wilson Antwi, one of the customers of the defunct Gold Coast Fund Management (GCFM) has appealed to the Government to include customers of the company in its (Government’s) bailout package. The wheelchair-bound former Mechanical Engineer told the Ghana News Agency that he lost his wife because he could …

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