BUSINESS

I can’t find love – Anthony Joshua cries out

Popular boxer, Anthony Joshua (AJ), has cried out on his inability to find love. The world heavyweight boxing champion spoke to The Sun about life in lockdown with his family including becoming “super dad” to his four-year-old son, J.J, and how it has been hard for him to balance his …

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ICUMS takes-over Tema Port today

Effective today, June 1, 2020, all transactions related to the import and export of goods at the various ports will be conducted through the one-stop service for all customs clearance procedures, dubbed Integrated Customs Management Systems (ICUMS). This follows successful simulation and piloting of ICUMS at Tema Port, the final …

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New export market for Ghana’s cassava starch industry identified

A Competitor Analysis report released by Ghana Export Promotion Authority (GEPA) points to new potential markets for Ghana’s cassava starch industry. According to the report, such new markets including Nigeria and the European markets notably Poland, Portugal, Italy present strong potentials for market diversification and penetration for Ghanaian companies and …

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Ghana to lose GHS15.85bn in revenue in 2020

Ghana’s is expected to lose about GH¢15.85 billion in revenue as a result of the coronavirus pandemic, a report from the Ministry of Finance states. The nation is targeting about GH¢67 billion in revenue (tax and non-tax) for this year. According to the Finance Ministry, Ghana’s fiscal gap as a …

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Ghana’s coronavirus case count now 8,070 with 2,947 recoveries

Ghana has recorded 8,070 cases of the novel Coronavirus with 2,947 recoveries and 36 deaths. This was announced by the president during his live televised address to the nation on Sunday, May 31, 2020. Akufo-Addo explained that, as of Sunday, 31st May, Ghana has conducted 218,425 tests. 13 persons are …

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Coronavirus: Schools resume from June 15 for final year students

President Akufo-Addo has announced the re-opening of schools and universities to allow final year students to begin classes ahead of the conduct of their respective exit examinations. During his 10th televised address, the president said, “Indeed, final year university students are to report to their universities on 15th June; final …

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Football will never be the same – Messi

Lionel Messi thinks football “like life, will never be the same again” as a result of the coronavirus pandemic, as the Barcelona superstar prepares to return to the field with La Liga poised to restart. Covid-19 has killed hundreds of thousands of people around the world and caused the banning of mass gatherings in most …

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More troubles for Menzgold as Payboy terminates contract

Payboy Company Limited, the payment company that was recently appointed by Menzgold Ghana Limited to negotiate a settlement with its unpaid customers says it has terminated its agreement with the latter. The decision follows the arrest of officials of the company on Wednesday, May 27 in relation to its role as a third-party …

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BOST margin on fuel increased by 3 pesewas effective June 1

The National Petroleum Authority (NPA) has directed Oil Marketing Companies to review upward the Bulk Oil Storage and Transport (BOST) margin on petroleum products from three pesewas to six pesewas, effective June 1. This is in line with a decision taken by Cabinet and communicated to the National Petroleum Authority …

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Roger Federer becomes world’s highest paid athlete, says Forbes

Roger Federer is the first tennis player to top the annual Forbes list of the world’s highest paid athletes, overtaking footballer Lionel Messi. Federer, 38, moved up four places after earning £86.2m in the past year – about £81m of it in endorsements. Cristiano Ronaldo (£85m), Messi (£84m) and Neymar (£77.5m) come …

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Impending fuel price hike not the function of gov’t – COPEC

The Chamber of Petroleum Consumers Ghana (COPEC Ghana), has noted that government has no hands in the impending fuel price increment. Executive Director of COPEC, Duncan Amoah explained that the external factors that are beyond the control of government are to blame for the hike. Fuel prices are expected to …

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Report on 36th coronavirus death released

Details of Ghana’s 36th coronavirus fatality has been provided by the Ghana Health Service. The victim, a 93-year-old man had a history of hypertension and an underlying condition of prostate cancer. According to the report, he was admitted in a hospital in the Greater Accra Regional capital with complaints of …

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West Blue’s role in Ghana’s Ports reform journey revealed

West Blue Consulting, a world-class business and IT-consulting, and technology firm, has since its arrival in Ghana transformed the country’s port, making it easy for importers and exporters to do business, thereby increasing government’s revenue substantially. The company which supported Customs in taking over its core functions from the Destination …

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High coronavirus cases force Korle-Bu to stop surgeries

There are several pain and deaths on the horizon, as the Anaesthesia Department of the Korle-Bu Teaching Hospital, has since Tuesday 26, 2020, suspended urgent surgical cases as a result of a “surge in severely ill COVID-19 patients in Accra” with anaesthetics needed “urgently”. The Department of Anaesthesia, is responsible for numbing …

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BoG’s GHS10 billion loan to GoG illegal – Jinapor

Former Deputy Minister of Energy under the erstwhile Mahama-led administration John Jinapor has said it is “illegal and a clear violation” of the Bank of Ghana (BOG) Act for the Central bank to lend GHS10 billion to Government. Minister for Finance, Ken Ofori-Atta on Friday, 29 May 2020 in a statement presented …

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Ghanaian attempts to ‘scam’ Cristiano Ronaldo

A Ghanaian attempted to scam Cristiano Ronaldo. A Ghanaian tried to grab the attention of Cristiano Ronaldo and possibly scam him when he went live on Facebook a few days ago. The Ghanaian recognized as Panji Daniel told Cristiano Ronaldo that he has built a statue for him, and he …

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Toyota Ghana unveils new Corolla and Agya cars

The Management of Toyota Ghana Limited has launched the 12th generation of the new Toyota Corolla vehicle, which comes with two variants, 1.8 litre and 1.6 litre engine in Accra. It also unveiled the New Toyota Agya with 1.0 litre engine. Mr Andrews Lamptey, the Head of Sales Operations at …

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Ghana’s Coronavirus cases now 7768 with one more death

One more death has been recorded whilst 119 Coronavirus patients have recovered in the last 24 hours, bringing the total number of recoveries to 2540. The country’s Coronavirus case count has also increased to 7768, according to the Ghana Health Service. The current figures are an update on Friday, May 29 records where the …

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Payboy ends contract with Menzgold over arrest of officials

Following the arrest of some of its officials on Wednesday, May 27, 2020, Payboy Company Limited says it has terminated its agreement with Menzgold to facilitate the payment of its customers. In a statement, the management of Payboy said “We have indicated to Menzgold Ghana Company Limited our decision to opt out of the …

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Fact-check: Chewing raw onions can cure coronavirus – False

A voice note that is being shared on WhatsApp claims chewing raw onions can help cure coronavirus. In the 4 minutes, 21 seconds long voice note, a man speaking Hausa- a widely spoken language in Northern Ghana and Zongos across the country is heard assuring listeners and vulnerable COVID-19 victims to try …

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Menzgold Saga: EOCO arrest Payboy officials

Officials of a payment company that was appointed by Menzgold to negotiate settlement with its unpaid customers have been arrested. In a press release issued in Accra on Friday, the Economic and Organised Crime Office (EOCO) revealed that officials of the digital payment, marketing and promotions company were picked up because they lacked the …

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57 personnel on Tullow’s CSV Lancelot test positive for Covid-19

Fifty seven workers on Tullow Ghana’s contractor support vessel CSV Lancelot have test positive for Covid-19. In a statement copied to Joy News, the company said, “GHS has confirmed today, that 57 of the 200 personnel onboard the CSV Lancelot tested positive for Covid-19.” The statement added that all affected …

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Market Queens in Takoradi welcome shift system

Market Queens at the Takoradi Market Circle in the Sekondi-Takoradi Metropolitan Assembly (STMA) have welcomed the decision of the Assembly to introduce a shift system using coloured cards for traders as a means to stem the spread of the COVID-19 pandemic in the Metropolis. The market queens in the various markets were …

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Ghana’s Covid-19 cases stand at 7,616 with 2,421 recoveries and 34 deaths

Total confirmed Covid-19 cases in Ghana now stand at 7,616 with 2,421 recoveries and 34 deaths. According to the Ghana Health Service, the active cases are 5,161. Regional breakdown: Greater Accra Region – 5,331 Ashanti Region – 1,160 Western Region – 395 Central Region – 376 Eastern Region – 117 Western North Region – 63 Volta Region – 59 Northern Region – 36 …

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Ghana earned US$3.3 billion from ‘Year of Return’

Ghana earned US$3.3 billion from the Year of Return initiative, Tourism, Arts and Culture Minister Barbara Oteng-Gyasi has said. According to her, the earnings were proceeds from accommodation, food, shopping, local transport and entertainment. GHS6 million was, however, spent on promoting the Year of Return campaign in and out of …

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