BUSINESS

All district hospitals to be built by Ghanaians

All district hospitals to be built across Ghana will be constructed by Ghanaians. Finance Minister, Ken Ofori-Atta made this known in Parliament on Thursday, July 23, 2020. He said the hospitals will be designed by Ghanaian-owned firms. He stated that the mid-year budget review is to highlight the significant impact of the Covid19 pandemic …

Read More »

Watch Live: Finance Minister presents Mid-year Budget

Finance Minister Ken Ofori-Atta will Thursday morning be in Parliament to present the Mid-year and Supplementary Budget Review. On July 15, he presented the draft statement to the Cabinet for approval. Joy Business understands Cabinet meeting made a number of suggested changes to the draft statement for the Finance Minister …

Read More »

Govt borrowing unnecessarily to fund election 2020 – Seth Terkper alleges

Former Finance Minister, Seth Terkper has alleged that the government’s continuous borrowing from international firms is to fund the upcoming December polls. According to him, despite the government’s efforts to fight against the global pandemic – coronavirus- they need to focus on cutting down their expenditure. This, he says, when done will …

Read More »

Here’s how much calories your sexual activities are burning

Every day, you burn calories when you move around, exercise, and go about your daily tasks. Your body even burns calories at rest, through basic functions like breathing, circulating blood, cell processes, amongst others. Another way to burn calories is through sexual activities. Burn some serious calories by undressing, kissing, …

Read More »

Banking clean up will benefit economy post Coronavirus – EIU

The Economist Intelligence Unit (EIU) has hailed government’s industrialisation drive under its flagship One District One Factory intiative, as well as the banking sector clean up. In the EIU’s latest country report on Ghana in which it partly analysed the impact of the Coronavirus pandemic on the Ghanaian economy and …

Read More »

FULL TEXT: Deputy BoG Governor speaks on crisis to recovery at IMF webinar

CRISIS TO RECOVERY STRENGTHENING ECONOMIC INSTITUTIONS IN SUB-SAHARAN AFRICA DURING COVID-19 SPEAKING NOTES FOR IMF WEBINAR DR. MAXWELL OPOKU-AFARI, FIRST DEPUTY GOVERNOR, BANK OF GHANA JULY 22, 2020 1. Introduction The global economy is going through extraordinary times, requiring even more exceptional responses. Policy response has been swift and decisive in …

Read More »

COVID-19: Ghana records 683 new cases; total now 29,672

At least 683 new COVID-19 infections have pushed Ghana’s case count to 29,672. Some 26,090 have recovered with the death toll still at 153. The number of active cases is therefore 3,429, according to the latest update from the Ghana Health Service. A geographical overview of the active cases shows …

Read More »

COVID-19: 254 Staff Of KATH Test Positive

A total of 254 staff of the Komfo Anokye Teaching Hospital (KATH) in Kumasi have tested positive for covid-19 since the outbreak in the country. Two Hundred and three out of the number have, however, recovered and were back at post while one had died. Chief Executive of the hospital, …

Read More »

Two final year students die in Anlo Senior High

Some two final year students have been reported dead in Anlo Senior High. According to reports coming in from Anlo Senior High, some two final year students have lost their lives in an unfortunate circumstance, Trends Baze filed. Per the report cited, the two students are a boy and a …

Read More »

Surge in gold prices could be bad news for oil

The world may soon return to an international gold standard thanks to a project that European central banks have been quietly preparing for decades. This month Seeking Alpha reported that “since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented,” leading us closer …

Read More »

IMF warns of cedi depreciation

The further weakening of the Ghanaian Cedi against the U.S. dollar will worsen the impact of coronavirus pandemic, the International Monetary Fund has said. Since late February 2020, the Cedi has consistently depreciated against the dollar by -2.46 percent, year to date, and -7.34 percent year-on-year. The IMF in its …

Read More »

ATU students sign petition to ensure they don’t write exams on campus

A statement released on Monday, July 20, 2020, outlined the schedule for the continuation of lectures and examination for continuing students of the Accra Techinical University. The statement outlined that students were going to have online lectures and subsequently report to campus to write exams where all protocol for the COVID-19 will …

Read More »

2020 polls: Universities will be free if I win – Kofi Akpaloo

Flag-bearer for the Liberal Party of Ghana Kofi Akpaloo has promised to give Ghanaian students free university education if he is elected president of Ghana in the upcoming December polls. The astute businessman among other things committed to creating 200,000 jobs in the cocoa sector as he will build the …

Read More »

Ronaldo makes Serie A history

Juventus star Cristiano Ronaldo has become the first player in football history to score 50 goals in Serie A, La Liga and the Premier League. The Portugal international hit the target during last evening’s match against Lazio in Turin. CR7 had already found the net 84 times for Manchester United …

Read More »

Ablakwa, Adutwum clash over Free SHS numbers

A Deputy Minister for Education, Dr. Yaw Osei Adutwum, has debunked claims by some people especially the Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa suggesting a failure of the government’s Free Senior High School (SHS) programme in terms of enrolment. According to him, the claims are based on wrong assumptions that …

Read More »

COVID-19 Infected Students Can Still Write NovDec – Oppong Nkrumah

Minister for Information and Member of Parliament (MP) for Ofoase Ayirebi Constituency, Kojo Oppong Nkrumah, has addressed concerns over COVID-19 infected students who might miss this year’s West African Senior School Certificate Examination (WASSCE) due to their health state. According to the Information Minister, the directions from the Ghana Education …

Read More »

Receiver to pay GH¢151.8 million to staff of defunct SDI’s

The receiver is set to pay GH¢151.8 million to 5,637 former staff of 209 defunct Specialised Deposit Taking Institutions (SDIs) as outstanding salary arrears and compensation due them before the end of this month. This follows the Bank of Ghana (BoG) making available funds to the receiver and official liquidator to fully …

Read More »

UPSA sets example: builds 812 new hostel rooms

With the imminent entry of qualified Free SHS graduates Into Universities this year, It is anticipated that already overwhelmed universities in Ghana will be further burdened by the sharp rise in the number of qualified applicants who will be competing for places during the 2020 admissions.   Not much infrastructural development …

Read More »