BUSINESS

BoG hikes policy rate by 250 basis points, stands at 27%

The Bank of Ghana has hiked the monetary policy rate by 250 basis points from 24.5 percent to 27 percent. Chairman of the Monetary Policy Committee and BoG Governor, Dr. Ernest Addison said the decision is expected to anchor inflation expectations in the country with the figure standing at 40.4 percent in October 2022. …

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NGO donates to Brakwa Policlinic

The C.E.O of “GODBETT APRIL BORNS FOUNDATION SPECIAL” Mrs Betty Baah Kyeremateng has this weekend donated items worth thousands of cedis to Brakwa Policlinic to enhance quality services. Items including, Chairs, Detergents, from Belshaw company, Tissues, Water, Biscuits, Toffees and many more were received by the administrators of the Policlinic …

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‘My doctorate must impact lives’ – Kojo Jones-Mensah

CEO of Empire Domus Group and Keta indigene, Emmanuel Kojo Jones-Mensah says his attainment of a doctorate academic status must go to the benefit of humanity. In an appreciation message following his graduation from the Switzerland Rushford Business School, Dr. Jones-Mensah said he was elated at the prospects of his …

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Upper East Regional Hospital saves 27 weeks preterm baby

The staff of the Neonatal Intensive Care Unit (NICU) of the Upper East Regional Hospital in Bolgatanga have saved a preterm baby born at 27 weeks of pregnancy. The said baby recorded a birth weight of 0.9 kilograms (Kg) instead of the normal 2.5 kg but pulled through and survived …

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Oil drops by 3% to reflect reductions on market

Crude oil prices keep plummeting. The commodity is being traded at about 87 dollars a barrel on the international market on Monday. If this development continues coupled with the Bank of Ghana’s ability to provide enough forex at a good rate for the BDCs, fuel prices in Ghana are likely to …

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Confusion hits KATH over retired CEO’s accumulated leave package

A group of aggrieved senior medical Staff at the Komfo Anokye Teaching Hospital (KATH) in Kumasi are considering taking legal action against the hospital’s board for authorizing payment of 8 months of accumulated (deferred) leave for the retired Chief Executive officer (CEO) Dr. Oheneba Owusu Danso including other benefits they …

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4 Things You Should Stop Doing after Age 50

The age of 50 is the age that is usually recognized as old age. This is because most people’s organs begin to weaken and their skin begins to wrinkles and look older around this period, making this a common age at which people are considered to be old. It is …

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Government failed on the promise not to increase tax – GUTA

The Ghana Union of Traders Association (GUTA) has described as unfortunate the 2.5 per cent increment in Value Added Tax (VAT). According to GUTA, this is a clear departure from the promise the government made to stakeholders during the budget hearings. At the said meetings, the government made it clear …

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Technical University administrators threaten strike on December 6

Technical University Senior Administrators Association of Ghana (TUSAAG) will be striking from December 6, 2022 if government does not address its condition of service concerns. In a statement, the union said the strike was a result of the government and the Ghana Tertiary Education Commission’s “refusal” to address its grievances …

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Prices of gari, sachet water reduce following low demand

The prices of gari and sachet water in the Bolgatanga market, Upper East Region, have reduced, following a decline in demand due to the increase in prices earlier in November. A bag of gari, which was sold between GH¢800.00 and GH¢850.00 depending on the size has been reduced to GH¢750.00 …

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256 teachers sue GES over promotional exams failure

Some 256 teachers have sued the Ghana Education Service (GES) and the Attorney General over their mass failure in the December 2021 promotional examinations. The teachers, who are on the Assistant Director Grade II position, sat for the Assistant Director Grade I promotion examination at the Ada Training College Centre. …

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Highlights of 2023 budget presentation by finance minister

The Minister of Finance, Ken Ofori-Atta has appeared before parliament to fulfill his constitutional mandate by presenting the government budget to the House. The presentation was in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). GhanaWeb in this article highlights …

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Tips To Prevent Developing Liver Disease Later In Life

Liver problems can also be caused by a variety of factors that damage the liver, such as viruses, alcohol use and obesity. Over time, conditions that damage the liver can lead to scarring (cirrhosis), which can lead to liver failure, a life-threatening condition. Due to the complications that often result …

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5 Common Causes Of Sudden Cardiac Arrest In Both Children And Adult

1. Coronary Artery Disease. People who have coronary artery disease, a condition in which the arteries become clogged with cholesterol and other deposits, are more likely to experience sudden cardiac arrest. This is because coronary artery disease reduces the amount of blood that can flow to the heart. 2. Ventricular Fibrillation. According to Medicalnewstoday, …

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