BUSINESS

Make all final year day-students in SHS boarders – Napo directs

The Ministry of Education has asked all boarding schools to make provisions for all final year day-students to be in a boarding house as one of the enhanced safety measures taken to mitigate the spread of Covid-19 as the government eases restrictions on social gathering. Following the president’s Sunday announcement …

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Government announces allowance package for teachers

Government, as part of efforts to improve education, has instituted a new incentive for teachers and non-teaching staff dubbed ‘Teacher Professional Allowance’ for their continuous professional development. As part of the allowances, every teacher is expected to receive a yearly amount of GH¢1,200 while the non-teaching staff would earn GH¢600 …

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‘Floyd Mayweather will pay for George Floyd’s funeral’

Boxing champion Floyd Mayweather will pay for George Floyd’s funeral, a representative for the athlete told ESPN. Floyd died at the hands of Minneapolis police last week as former officer Derek Chauvin kneeled on his neck and two other officers restrained him. A fourth officer stood by as it happened. The former …

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Education Ministry to employ 27,367 teachers, others

The Minister of Education has revealed that his outfit has been granted financial clearance to employ a total of 27,367 staff for the pre-tertiary sector. The employment will comprise 16,500 newly trained teachers, 6,500 graduate teachers, 3,232 replacement staff and 1,135 non-teaching staff. Dr Matthew Opoku Prempeh disclosed this at …

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Railway Ministry to order about 35 trains

The Minister of Railway Development, Joe Ghartey has revealed that the Ministry will be ordering over 30 standard gauge trains in June this year. According to him, the Ministry has already gotten approval of about 130million dollars of trains which will be purchased from a company in China. Speaking live on Eye …

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GRA shuts down GCNET as Unipass takes over clearing system

The Ghana Revenue Authority (GRA) on June 1, 2020 shut down the Ghana Community Network (GCNet) clearing system as the new Integrated Custom Management System (ICUM) popularly known as Unipass, took over. This came after piloting the system at some ports including the Takoradi and the Tema Ports and training …

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Tema Port gets new director

President Nana Akufo-Addo has appointed Ms Sandra Opoku as the Director of the Tema Port. According to the state-owned newspaper, Daily Graphic, a letter announcing her appointment dated May 4, 2020, and signed by the Secretary to the Public Services Commission, Mrs Mabel Amoako Atta, said the decision by the …

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Coronavirus: WAEC to organise independent WASSCE for Ghana alone

Kojo Oppong Nkrumah, the Minister of Information, has said the West African Examination Council (WAEC) has indicated its readiness to organise an independent West African Senior School Certificate Examination (WASSCE) for Ghanaian candidates due to the threat of the Coronavirus pandemic. In response to the growing health concern about the COVID-19, WAEC …

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Menzgold, Payboy Saga: NAM1 cash gang arrested

Officials of the firm called Payboy Company Limited, appointed recently by the defunct Menzgold Ghana Limited to negotiate debt settlements with its numerous clients, have been arrested by the Economic and Organised Crime Office (EOCO). EOCO confirmed the arrests in a statement signed by the Head of its Public Affairs, …

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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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