BUSINESS

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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Real Madrid ‘offer four players’ in Pogba pursuit

Real Madrid has reportedly offered Manchester United their pick of four players in their pursuit of midfielder Paul Pogba. The French international has long been linked with a move to the Bernabeu, while former club Juventus have also been tipped to re-sign the 27-year-old. Like many clubs, Real have been …

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Ghana records 186 new COVID-19 cases

Ghana has 186 new COVID-19 cases to put the current confirmed case count to 7,303, the Ghana Health Service has announced. On the official website of Ghana Health Service, 2,412 persons who tested positive for COVID-19earlier have also recovered. This implies that as of the last update, 95 more persons …

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Implement healthy food environment policies – Study

A study published this week in the Food Policy Journal, by a team of local and international researchers, has identified priority recommendations to support government policy action towards creating healthier food environments in Ghana. The top policy actions recommended for government action by the national expert panel include legislation to …

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Ghana’s public debt bigger than 59.3% of GDP -Seth Tekper

Ghana’s Public Debt cannot be 59.3% of Gross Domestic Product at the end of March 2020 unless the government of Ghana is keen to continue the controversial “parallel” fiscal reporting that it denies, former Finance Minister, Seth Tekper has said. According to him, since the 2019 Debt Report and the …

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TUC fights Trade Fair Company over ‘illegal’ mass layoffs

Leadership of the Public Services Workers’ Union, (PSWU) of the Trades Union Congress, (TUC) has locked horns with CEO for the Ghana Trade Fair Company, GTFC Dr Agnes Adu over what the Union terms “unconventional mass termination of appointments of some 23 staff of the Company. The workers have been …

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Anglogold shuts South African mine over coronavirus

AngloGold Ashanti’s Mponeng mine in South Africa has been temporarily closed after 164 workers tested positive for the Coronavirus, the gold miner said in a statement on Sunday. The mine, the deepest in the world, only re-opened in April after being shut under a nationwide lockdown, and had been operating at …

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Available data proves NDC manages economy better than NPP – ASEPA

The Alliance for Social Equity and Public Accountability (ASEPA) says claims that the ruling New Patriotic Party (NPP) are better managers of the Ghanaian economy are inaccurate. According to ASEPA, available evidence backed by documents from Ghana International financial donors suggest that the opposition National Democratic Congress does better with …

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Re-Open Final Year Students – Dr.Agyenim Boateng pleads Prez Akufo Addo

The outspoken communication team member of the ruling party, NPP, in the central region, Dr Nana Yaw Agyenim-Boateng, is begging the government to consider reopening schools for only final year students in junior,senior high schools and universities. Dr Agyenim-Boateng believes these students should be government’s immediate focus when the ban …

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AngloGold confirms 164 coronavirus cases

The Gauteng Department of Health on Sunday confirmed that 53 employees at AngloGold Ashanti’s Mponeng mine in the Merafong district have tested positive for COVID-19. According to the latest update on the company’s website, the number of positive cases has now been confirmed as 164, of which the vast majority are …

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Asanko Gold accrued US$104.8m from gold sales

During the first quarter of 2020, the Asanko Gold Mine (AGM) sold 67,820 ounces of gold at an average realized gold price of US$1,542/oz. Revenues totalled US$104.8 million, an increase of US$37.8 million from Q1 2019. The increase in sales proceeds was a function of higher sales volumes and higher …

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Akwatia: Youth group rejects appointment of new MD for GCDGL

A group calling itself the Akwatia Development Association is appealing to government to reconsider its decision to appoint Enoch Baah as the new Managing Director of the Great Consolidated Diamonds Ghana Limited (GCDGL). According to the group, Enoch Baah, who once headed the mining firm allegedly ruined it. It will …

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COVID-19: PTA Council cautions gov’t against reopening schools

The National Council for Parent-Teacher Associations (NCPTAs) has appealed to government to further delay the reopening of schools in the country in the wake of COVID-19. According to the Council, there is no scientific and fact-based basis to believe that coronavirus spread in Ghana is reducing hence the need to …

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Ghana’s Health Minister gets WHO appointment

Health Minister, Kwaku Agyeman-Manu has been elected to serve on the Executive Board of the World Health Organisation (WHO). He is among the 34-member executive board who will serve a three-year term for the organisation. The Ministry of Health shared the good on its Facebook page. It said the main …

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ECG appreciates gov’t resolve to settle debts

The Electricity Company of Ghana (ECG) has clarified its position on the assertion by the Energy Ministry that debts owed the company by the government had been paid. This follows opposition by some members of the Minority contesting the veracity of the claim. The Energy Minister, Peter Amewu on May …

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