BUSINESS

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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State add more charges against Dr. Duffour and eight others

  The state has added to the charges against Dr Kwabena Duffour former Minister of Finance and Governor of the Bank of Ghana, and eight others for their alleged roles leading to the collapse of Unibank Limited (a commercial bank). The accused were initially facing 68 charges but those charges were increased …

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GH¢490m generated by ICUMS so far – GRA boss defends new system

Acting Commissioner-General of the Ghana Revenue Authority (GRA), Rev Ammishaddai Owusu-Amoah, has said the newly deployed Integrated Customs Management System (ICUMS) has generated some GH?490 million in its first 17 days of operation. According to him, this figure compares favourably with the average monthly revenue collections of about GH?942 million …

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Pension contributions decline In 1st quarter

    A recent Bank of Ghana report on the real sector of Ghana’s economy says employment conditions as measured by the total number of SSNIT pension contributors (both public and private sector) declined in the first quarter of this year, compared to a similar period in 2019. It said …

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Finance Minister to submit mid-year budget review in July

      The Finance Minister, Ken Ofori-Atta is expected to present the mid-year budget review and supplementary estimates in July. According to the Majority Leader, Osei Kyei Mensah Bonsu, the Finance Minister will use the opportunity to explain how government intends to replenish advances it took from the Contingency Fund …

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