BUSINESS

No dividend for Fan Milk shareholders

Ice cream manufacturer, Fan Milk Ghana Limited, will not pay dividend for the year 2019. The company, which is one of the most profitable listed firms on the Ghana Stock Exchange, attributed the decision to the COVID-19 pandemic. It said in a statement that “In the uncertain context of COVID-19 …

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Teachers To Write Licensure Exams On June 20

Teachers across the country are effected to write their licensure exams on Saturday, June 20. The National Teaching Council made this known in a statement signed by its Public Relations Officer, Dennis Osei-Owusu. In the statement made available to DGN Online, the Council says the exams are for teachers who …

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Nigeria to import salt from Ghana for its petrochemical industry

Oil-producing West African giant, Nigeria will in the coming days turn its attention from importing salt from Brazil for its petrochemical industry. The country is likely to focus on Ghana for the resources due to its abundance in Ghana. This comes after President Nana Addo Dankwa Aufo-Addo on Friday, June …

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Technology University Bill passed

A bill aimed at providing a legal framework for the establishment of a public communication technology university in Ghana has been passed. Members of Parliament (MPs) on Friday unanimously approved the Ghana Communication Technology University Bill, 2020 which will allow the Government to take over the Ghana Technology University College …

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VIDEO: A mother with COVID-19 cries for her little daughter

  Life in a Covid-19 isolation and treatment center is an experience no one would love to go through. But this somewhat unpleasant choice does not rest entirely in the hands of individuals. Being on admission in a Covid-19 center definitely comes along with restrictions because of how infectious the …

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PURC monitoring utility relief packages by government

Mr. Patrick Antwi, the Regional Manager of Public Utilities Regulatory Commission (PURC), Sunyani Regional office, said they are closely monitoring the various utility service providers to make sure the implementation of the relief package announced by the President is being carried out smoothly. He said the Sunyani Regional Office with …

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UNIPASS deal is making government unpopular

On a daily bases, the New Patriotic Party (NPP)-led government suffers a growing public condemnation from groups and individuals whose businesses have been affected by the continuous incompetence of the Ghana Link/UNIPASS-ICUMS platform that has disrupted trade facilitation and revenue generation. The proven avenue for revenue loss caused by the new system, …

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Bank of Ghana spends GH¢306m on printing cedis in 2019

A total of GH¢306 million has been spent by the Central Bank to print money in 2019 including the new notes of GH¢100 and GH¢200. From GH¢147million spent in 2018, the jump, which represents an increment of 108%, is attributed to the new notes. According to the Bank of Ghana’s 2019 …

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Benefits of sex that you did not know

  Sex coach, Dzifa Sweetness, has educated that sexual intercourse is not only beneficial for reproduction or pleasure but has a lot of side benefits that we do not realize. In an interview on eTV Ghana’s adult show, In Bed with Adwen, with Ghana’s greatest love Doctor, Adwen, she noted …

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Coronavirus: Ghana’s confirmed cases cross 10,000

Ghana has confirmed 291 new cases of the novel Coronavirus. These new cases have pushed the country’s case count to 10,201. The new figures represent a rise of 563 cases from the initial figure. The Ghana Health Service (GHS) made this know on their official website on Tuesday, June 9, 2020. Meanwhile, some …

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Govt to borrow GH¢17.8bn in 3 months

The government of Ghana is seeking to borrow GH¢17.8 billion between May and August 2020. According to the Issuance Calendar, GH¢15.8 billion is to rollover or settle maturities and the remaining GH¢2.03 billion is a fresh issuance to finance government projects. The 91-Day Treasury bill dominates the issuance calendar with …

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No church services should be held in classrooms – GES warns

No church services will be held in classrooms, Director-General of the Ghana Education Service (GES), Professor Kwasi Opoku-Amankwa has cautioned Christian religious leaders in the country. Following President Akufo-Addo’s ease of restrictions on public gatherings, schools across the country have reopened for final year students and churches are permitted to …

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MTN reacts to NCA’s ‘monopoly breaking policies’

Telecommunications giant, Mobile Telephone Network (MTN), has responded to media reports on the National Communications Authority’s (NCA) decision to implement some specific policies to ensure a level-playing field for all network operators within the telecommunications industry. The new policies, according to the reports, are due to MTN’s huge market share …

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COVID-19 cases rise to 48 285, death toll close to 1 000

Mpumalanga has recorded its first death as the number of COVID-19 infections increased by 2 312 to 48 285. Meanwhile, in the Western Cape, 45 people succumbed to the COVID-19 related disease, bringing the death toll to 998 as of Sunday. “We extend our condolences to the loved ones of the …

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Tema Ports in turmoil over UNIPASS faulty system

Relevant stakeholders in the trade facilitation chain at the Tema Ports are frustrated as they continuously point out the evident lapses in the Ghana Link/UNIPASS-ICUMS system and the increasing nature of it that has disrupted the ease of doing business and resultant revenue loss to the state. Importers are up …

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COVID-19 Slows Down Banking Sector Business

Mr John Awuah, the Deputy Chief Executive Officer of Ghana Association of Bankers, has revealed that the advent of the COVID-19 pandemic has slowed down banking business and increased risk of impact on loan performance. COVID-19 has had a negative impact on the economy and the banking sector as economic …

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GRA replies IMANI Africa

Management of the Ghana Revenue Authority (GRA) has responded to some assertions made by IMANI Africa against the newly deployed Integrated Customs Management System (ICUMS). GRA in a press release on Sunday June 7, 2020, addressed the concerns raised by the policy think tank. Read fully GRA’s response to IMANI …

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Port operations have not reverted to pre-2002 manual system – GRA

The Ghana Revenue Authority (GRA) has dismissed claims by Imani Ghana that port operations in the country have reverted to pre-2002 manual system due to the introduction of the Integrated Customs Management System (ICUMS). According to GRA in a statement signed by Florence Asante, Assistant Commissioner, Communication and Public Affairs, …

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Cristiano Ronaldo is first ever billionaire footballer

According to Forbes, the Juventus talisman has now joined fellow sportsmen Tiger Woods and Floyd Mayweather in the billionaire’s club, hence, making him football’s first-ever ten-figure player. The Portuguese captain earned $105 million before taxes and fees in the past year making him the first footballer in the history of …

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