BUSINESS

Ghana’s coronavirus cases jump to 6,096

Ghana’s COVID-19 case count has risen to 6,096, following the confirmation of 178 new cases. This was confirmed by the Ghana Health Service (GHS) in its latest update on Tuesday night [May 19, 2020]. The latest figures by the Service also indicates 1,773 recoveries from the virus, representing an increase …

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SMEs to receive stimulus through MoMo, bank accounts – NBSSI

Executive Director of the National Board for Small Scale Industries (NBSSI), Ms Kosi Antwiwaa Yankey, has announced that businesses will receive their portion of the GH¢600million stimulus package through their Mobile Money or bank accounts. Speaking at the launch of the coronavirus alleviation programme business support scheme, at the seat …

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Application for GH¢600m stimulus begins today, interest rate at 3%

The application process for accessing the GH¢600 million COVID-19 Fund will start tomorrow, 20th May 2020, and end on Saturday, 20th June 2020. The beneficiaries are expected to be either self-employed, sole proprietors, or engaged in a limited liability, partnership, or joint venture arrangement. The criteria states that the qualifying …

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Finance Ministry launches 3 policy initiatives; targets 85% savings rate by 2025

The Ministry of Finance has launched three policy initiatives designed to deepen financial inclusion and accelerate the shift to digital payments. This includes the National Financial Inclusion and Development Strategy, Digital Financial Services Policy and the Cash-Lite Roadmap. The National Financial Inclusion and Development Strategy, which is developed in collaboration …

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Schools to reopen on 1 June 2020

Schools will reopen on 1 June 2020 with Grade7 and Grade 12 learners returning to the classroom, Basic Education Minister Angie Motshekga said on Tuesday. “Independent and public ordinary schools will open even in the metropolitan areas. Every school must adhere and observe the health and safety protocols that will …

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Ghana Finally Receives COVID-19 Cure From Madagascar

Ghana has finally received a cure for the novel COVID-19 from Madagascar, The Information Ministry has confirmed on its official twitter handle monitored by Mynewsghana.net. The COVID-19 cure is derived from artemisia – a plant with proven anti-malarial properties – and other indigenous herbs. Madagascar has so far cure 119 out …

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Oil prices jump as lockdowns ease and supplies tighten

Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by continuing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude was up $1.19, or …

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Gov’t settles over 2bn debt to ECG

The government has revealed that it has cleared over 2 billion Ghana cedis debt owed the Electricity Company of Ghana (ECG) which will, therefore, put the state-owned electricity distributor on the requisite sound financial footing. Addressing a press conference Tuesday, the Energy Minister, John Peter Amewu stated that the government …

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Police hunts for killers of DCE driver, two others

A special team from the Ashanti Regional Police Command is set to be deployed to the Amansie South District town of Dadease after at least three persons were killed in a gun attack on Monday night. The victims include a man who was later identified as 40-year-old Samuel Osei, driver of the …

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COVID-19: Teachers Reject Reopening Of Schools

Teachers Unions in Ghana have signalled their opposition to the reopening of schools amid the coronavirus pandemic. Information Minister, Kojo Oppong Nkrumah, had in a live Instagram chat, revealed that Government was considering reopening schools soon. In an Instagram live Q&A session with Ghanaians on Monday May 18, the Minister says, …

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20 Ghanaians die from coronavirus in the US

he Ghana Embassy in the United States of America (USA) has revealed that 20 Ghanaians have died from the coronavirus in that part of the world. Kofi Tonto, an official at the Public Affairs Department at the Embassy, told Alfred Ocansey in an interview on the Sunrise morning show on …

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31 deaths as Ghana’s coronavirus cases rise to 5,918

New updates released by the Ghana Health Service show another surge in Ghana’s coronavirus cases as 183 more persons have tested positive for the virus. This new update raises the total number of confirmed cases in the country to 5,918. Two more persons who tested positive for the virus have …

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Supreme Court annuls UEW Pro-V-C election

Ghana’s Supreme Court has annulled the election of Professor Andy Ofori-Binkorang as Pro-Vice-Chancellor of the University of Education, Winneba (UEW). Until his election, Professor Ofori-Binkorang was the Acting Dean of the Faculty of Foreign Languages and Communications. When Prof Ofori-Binkorang was appointed for elections, a lecturer of the UEW, Dr …

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Vote out Akufo-Addo over growing debt – Ato Forson

The Ranking Member of the Finance Committee of Parliament, Caissel Ato Forson, has said President Nana Addo Dankwa Akufo-Addo and the New Patriotic Party should be voted out because of the growing public sector debt under their watch. Ghana’s total public debt increased by US$300 million in March 2020 to …

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Tullow Ghana CEO Kweku Awotwi steps down

The Managing Director of Tullow Ghana and Executive Vice President of Tullow Plc  Kweku Awotwi will be retiring from the oil firm from 30th June. He was the first Managing Director of Tullow Ghana to be promoted to Executive Vice President of Tullow Oil plc. During his tenure, the TEN fields produced its …

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Stop needless attacks on EC – Peace Council

The General Secretary of the National Peace Council, George Amoh, has affirmed the Independence of the Electoral Commission, urging all stakeholders especially political parties to allow the state body to execute its constitutional mandate. Mr Amoh’s admonition follows a barrage of attacks on the EC by the National Democratic Congress …

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Online sexual grooming on the rise – Child Online Africa

A non-profit organisation Child Online Africa (COA) is calling on parents to be wary of threats posed by a surge in online sexual predatory behaviour and cyber bullying in the wake of the COVID-19 pandemic. According to the organisation, following the spread of COVID-19 predator handbook; an online grooming manual …

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Coronavirus: Nurse with GMC Hospital dies

A Community Health Nurse (CHN) with the Ghana Manganese Company (GMC) Hospital in Nsuta in the Western Region, who tested positive for COVID-19, has died, a statement from the Ghana Registered Nurses and Midwives’ Association (GRNMA) has confirmed. The statement dated 16 May named the deceased as Sophia Addo who was …

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Shocking as Ghanaian soil grows first ever apple tree

An apple tree has been discovered in a compound situated at Wiamoase in the Ashanti Region of Ghana. Photos and videos of the tree sprouted with beautiful green apple fruits were shared by one Facebook user called Barima Nana Osei Bonsu who visited the house to verify initial speculations. He …

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Check out the 9 approved herbal immune boosters for coronavirus

Strong immune systems of individuals are very essential in the fight against the novel coronavirus. This was reiterated by President Nana Addo Dankwa Akufo-Addo in his 9th national address to Ghanaians on COVID-19. This, the President said, “has to be one of the permanent legacies of the pandemic. We have …

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60-year-old becomes first coronavirus patient to die in Volta Region

The Volta Region on Friday recorded its first COVID-19 death at the local Treatment Centre in Ho. The deceased, a 60-year-old woman, who returned from Accra two weeks ago, visited the Ho Teaching Hospital with difficulty in breathing, fever for three days and reduced level of consciousness. She was noticed to have …

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