BUSINESS

We don’t hide minerals export proceeds – BoG Governor

      The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has told the Public Accounts Committee (PAC) of Parliament that the central bank does not hide information about proceeds accrued from the exportation of minerals including bauxite. The Chair of PAC, Mr James Klutse Avedzi, raised …

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Covid-19: Okere District Education Office shuts down indefinitely

    The Okere District Education Directorate has been shut down indefinitely after a staff tested Positive for Coronavirus. The office was shut down upon advise by the Ghana Health Service on Wednesday. All staff at the facility including the District Education Director have been asked to the self-quarantine pending …

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Ghana’s COVID-19 case count hits 15,013

The number of coronavirus cases recorded in the country has once again shot up from 14,568 on June 23, 2020, to 15,013 after barely 24 hours. Per the new updates by the Ghana Health Service, the number of recoveries and discharges have also seen a boost as 605 infected persons …

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Christiano Ronaldo breaks Serie A record

      Juventus forward Cristiano Ronaldo overtook Rui Costa to become the leading Portuguese scorer in Serie A history on Monday. Ronaldo slotted the first-half penalty down the middle in Juve’s 2-0 win over Bologna, a result that saw the Bianconeri move four points clear at the top of the table. The goal …

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US$200m boost for cocoa production

      The Ghana Cocoa Board (COCOBOD), has received US$200 million loan facility from a consortium of banks for the take-off of the Productivity Enhancement Programmes (PEPs). The facility is the first tranche of a US$600 million credit from the banks signed in 2017 to enhance both cultivation of …

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Covid-19: Korle Bu CEO Tests Positive

    The Chief Executive Officer of the Korle Bu Teaching hospital, Dr. Daniel Asare has tested positive for the novel coronavirus. Citi News sources say the CEO has been out of office for the past 10 days as a result. In his stead, the Medical Director of the Korle …

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[VIDEO]: SHS 3 students stranded in Sekondi

    Over 100 final year students of the Sekondi College in the Western region were on Monday evening left stranded for close to three hours at the school’s main gate. The students, most of whom had come from outside the Region, were seen with their personal effects lined up …

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Odogono SHS Student mysteriously missing at Kasoa

    A Seventeen year old male student of the Odogono SHS, Master Richmond Gyangbe is reported missing since Sunday June 21 2020 from home. In an exclusive interview with the Father, Mr. Stephen Mensah, a Self-Employed man at Kasoa, he said their Hometown is Edura in Ashanti Region but …

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GH¢3bn loaned to businesses after coronavirus restrictions – BoG

    Deputy Governor of the Bank of Ghana, Elsie Awadzie, has disclosed that over GH¢3 billion has been advanced to businesses by commercial banks following the lifting of coronavirus restrictions. Speaking at a webinar organised by the University of Ghana Business School (UGBS), the Deputy Governor of the central bank …

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ICUMS generates GH¢490m in 17 days, state not losing revenue – GRA

  The newly deployed Integrated Customs Management System (ICUMS) has generated some GH¢490 million in its first 17 days of operation. This compares favorably with the average monthly revenue collections of about GH¢942 million monthly from January to May this year from the country’s entry points when the old system …

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2 Absa staff test postive for coronavirus

  Two staff of Absa Bank Ghana Limited have contracted COVID-19. In a memo, the Managing Director of absa Bank, Abena Osei-Poku, said the affected staff members have been isolated for treatment. “If you feel unwell, kindly contact functional head, who will ensure you have received the required support immediately”, …

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Government set to increase price of Cocoa this year

  The Chief Executive Officer(CEO) of Ghana Cocoa Board(Cocobod), Mr Joseph Boahene Aidoo has hinted of conclusive discussions with President Nana Akufo-Addo to increase the price of Cocoa in the coming months this year. Currently, the government buys one bag of Cocoa beans from farmers at 515.00 Ghana cedis. The …

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Coronavirus: Government urged to support informal sector

  Mr Kofi Oppong, the Manager of Cosby 1 Fashion College at Madina in Accra, has called on the government to streamline existing policy measures to support the informal sector. That, he said, would provide the private sector the needed assistance to grow and contribute to the national Gross Domestic …

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Adolescents must have reproductive health benefits under NHIS

  Mr. Nii Ankonu Annorbah-Sarpei, Director of Programmes, Alliance for Reproductive Health Rights (ARHR) has urged the government to ensure that adolescents enjoyed some health benefits under the National Health Insurance Scheme (NHIS. He said the benefits should provide adolescents in the country the opportunity to have access to a …

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Government urged to support informal sector

    Mr Kofi Oppong, the Manager of Cosby 1 Fashion College at Madina in Accra, has called on the Government to streamline existing policy measures to support the informal sector. That, he said, would provide the private sector the needed assistance to grow and contribute to the national Gross …

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Hohoe: Rainstorm Destroys Roofs Of Classroom Blocks

    A storm with heavy rain has ripped off roofs of classroom blocks of three second-cycle institutions and a basic school in the Hohoe Municipality of the Volta region. The affected schools are Likpe Senior High School, Alavanyo Secondary Technical School, Evangelical Presbyterian (E.P) Technical Vocational Institute, and the …

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Banks refuse syndicated loan for COCOBOD

    Ghana Cocoa Board’s (COCOBOD) annual pre-export financing, will be raised by a club of banks as its traditional lenders; the European Bank, have declined to underwrite the risk amid the uncertainty of the coronavirus pandemic, banking sources said. The loan will back its 2020/2021 cocoa crop and is …

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