BUSINESS

Ghana records two cases of suspected Marburg Virus Disease

Two cases of Marburg Virus Disease, MVD, have been recorded in the Ashanti Region, the Ghana Health Service, GHS, has announced. According to a July 7, 2022 statement, samples were taken from the two infected persons after they met case definition for an Acute Haemorrhagic Fever. “Blood samples were sent …

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British Airways to cancel 10,300 more flights

British Airways is to cut 10,300 more short-haul flights due to feature in its schedule between August and the end of October. This latest announcement means nearly 30,000 flights will have been removed from BA’s schedule between April and October this year. The cancellations affect London Heathrow, Gatwick and City …

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PHOTOS: Pupils of Borae No2 displaced after heavy rainstorm

Pupils of Borae No. 2 in the Krachi Nchumuru district in the Oti region have been displaced after a heavy downpour. The rainstorm, which hit the community and its environs, ripped off the roofs of Borae Foundation Primary and Junior High School and Borae D/A Primary “A” School. A visit …

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Hohoe schools closed amid strike despite GES directive

The strike action declared by four teacher unions has hit basic and second-cycle institutions in the Hohoe Municipality as classrooms remain closed. The Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT), the Teachers Educational Workers’ Union (TEWU) and the Coalition of Concerned Teachers, Ghana, (CCT-GH), announced …

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Akufo-Addo gives Metro Mass Transit 45 more buses

President Nana Addo Dankwa Akufo-Addo on Wednesday, 6th July 2022, commissioned the first batch of forty-five (45) buses out of one hundred (100) VDL Intercity buses procured for use by the Metro Mass Transit Ltd. President Akufo-Addo stated that the event is significant particularly because it has provided the country …

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We also deserve COLA – Nurses and Midwives

Members of the Union of Professional Nurses and Midwives, Ghana (UPNMG) have said they also deserve a 20 percent Cost of Living Allowance (COLA) in the wake of the harsh economic conditions just as teacher unions are demanding. The teacher unions have embarked on strike action following the government’s failure …

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N/R: Schools deserted as strike by Teacher Unions take effect

Some pupils in the Northern Regional capital, Tamale have appealed to government and striking teachers in the country to resolve their differences quickly to prevent a catastrophe in the upcoming Basic Education Certificate Examination, BECE. Already, performance in the BECE in the Region has been a major source of worry …

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Meet the Ghanaian woman who owns $16-million stake in Asante Gold

Nadia Abdul Aziz, a reclusive Ghanaian executive, is arguably one of the richest business leaders in Ghana and West Africa due to her multimillion-dollar stake in Asante Gold, a Canadian Securities Exchange-listed gold exploration, development, and operating company. Aziz, a leading financial professional who took over as a director of …

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Teacher unions declare strike over Cost-of Living-Allowance

The Ghana National Association of Teachers, National Association of Graduate Teachers, Coalition of Concerned Teachers Ghana and the Teachers and Educational Workers Union have effective today, Monday, June 4, 2021, commenced a nationwide strike action. The strike according to the leadership of the Teacher Unions, is a result of the …

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Fuel prices to go up as NPA announces restoration of UPPF margin

The National Petroleum Authority (NPA) has announced that it is restoring the full Unified Petroleum Price Fund (UPPF) margin on petroleum products. It made the announcement to players in the industry on Thursday June 30, 2022, indicating that the decision takes effect from Friday, July 1, 2022. “We hereby wish …

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14-year-old dormant factory brought back to life in Central Region

After 14 years of shutdown, Coastal Groves Limited, a wholly owned Ghanaian organic orange juice processing factory in the Central Region of Ghana, was on Tuesday, re-inaugurated by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The ceremony took on behalf of the German Federal Ministry for Economic Cooperation and …

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Five reasons food prices remain high in Nigeria in 2022

Food prices have risen globally in recent years. It began with the coronavirus pandemic that made farmers and food producing companies unable to cultivate and produce food in sufficient quantities. Many food factories ran out of raw materials for their operations. Farmers have since returned to the fields and factories …

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FLASHBACK: No turning back to IMF, we’re on the right path – Ofori-Atta

In May, 2022, Finance Minister, Ken Ofori-Atta, reiterated government’s stance on going to the International Monetary Fund (IMF) for financial assistance. According to him, government was committed to not returning to the IMF because interventions and policies had been put in place to ensure sufficient macroeconomic gains for the local economy …

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GRA begins full roll-out of E-Levy on July 1

The Ghana Revenue Authority (GRA) will on Friday, July 1, 2022, begin the full roll-out of the implementation of the Electronic Transaction Levy (E-Levy). The levy introduced in 2021 was met with a lot of opposition by the Minority Members of Parliament with backing from the majority of Ghanaians. After …

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Ghanaian pays GH¢7,400 in taxes on an imported MacBook Pro

  A post shared on social media in which a user paid numerous taxes to the tune of GH¢7,400 on an imported MacBook Pro laptop left many users dumbfounded. This came to light after the tax invoice covering the laptop was shared on Twitter. COVID-19 Recovery Levy, Ghana Education Trust …

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What Akufo-Addo said about going to IMF in 2015

While in opposition, the New Patriotic Party in the lead up to the 2016 elections consistently lambasted the John Dramani Mahama administration particularly on issues bothering on the economic management of the country. From corruption allegations to inflation issues, the NPP accused NDC of gross incompetence at managing the economy and further saddling Ghanaians …

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