BUSINESS

RETRACTION: TRASACCO STEALING PANTANG, BORTEYMAN LANDS?

We wish to retract an earlier publication under the heading “TRASACCO STEALING PANTANG, BORTEYMAN LANDS? We published a story under the banner above, that sought to say that the Real Estate Giant is encroaching on legitimate lands belonging to individuals and organisations in and around Pantang and Borteyman areas. We …

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For men: Here’s how alcohol affects your penis, sex

Excessive drinking affects the key functions of the male reproductive system, including sperm production. Male fertility generally depends on the quantity and quality of your sperm. Study says that men averagely drink 11 units of alcohol per week. Adding that this 11 units of alcohol per week have a detrimental …

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Government to collect tolls on selected roads – Ofori Atta announces

The Minister for Finance, Ken Ofori-Atta, has announced a decision by the government to reintroduce road tolls. According to the minister, the reintroduced tolls will be collected on specific roads whose financing will come through a strategic Public Private Partnership Agreement under the Ghana Infrastructure Investment Fund. The minister, delivering the …

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FULL TEXT: Ken Ofori-Atta presents 2022 mid-year budget review

The Finance Minister, Ken Ofori-Atta delivered the 2022 mid-year budget before parliament on Monday July 25, 2022. The minister who announced a number of economic relief measures and updates on key sectors of the economy also reviewed key macroeconomic indicators to reflect the current economic challenges in the country. For the most …

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BoG maintains Policy rate at 19%

The Bank of Ghana (BoG) has maintained the policy rate at 19%. Addressing the media on Monday, July 25, 2022, after the Monetary Policy Meeting, the Governor, Ernest Addison disclosed that one of the reasons for maintaining the rate among other things has to do with how inflation has persisted …

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Suspected dumping hits poultry sector

Key poultry sector stakeholders are worried about suspicions of imported frozen chicken being dumped onto the Ghanaian market, citing several reasons including low cost of the product vis-à-vis high taxes slapped on the commodity and other crucial reasons. Despite a tariff of 35 percent and other taxes slapped on imported …

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Ofori-Atta presents mid-year budget review today

The Minister for Finance Ken Ofori-Atta, will today, Monday, 25 July 2022, present the mid-year Budget Statement to Parliament. Mr Ofori-Atta who will be expected to give information on the performance of revenue and expenditure in the first half of 2022, and the figures for Ghana’s current budget deficit. The …

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WHO declares Monkeypox a global health emergency

The World Health Organization has declared the outbreak of Monkeypox a global health emergency. The classification is the highest alert that the WHO can issue and follows a worldwide upsurge in cases. It was made known after the second meeting of the WHO’s emergency committee on the virus. WHO’s Director …

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SHSs suspend participation in NSMQ, other extracurricular activities

Senior High Schools across the country will not participate in the National Science and Maths Quiz (NMSQ) until further notice. The Conference of Assisted Secondary Schools (CHASS), which announced this said, inter-school sports and debate competitions and other extra-curricular activities have also been suspended. This is as a result of …

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Government reviewing free SHS – GES Director-General

The Director-General of the Ghana Education Service (GES), Prof. Kwasi Opoku Amankwah, has disclosed that the government is currently reviewing the Free Senior High School (Free SHS) policy. According to Prof Opoku Amankwah, the review is to determine which benefits of the Free SHS will be relinquished by the government …

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Government owes WAEC GH¢22 million – Dr. Apaak

Member of Parliament for Builsa South Dr. Clement Apaak has suggested that the 2022 calendar for the 2022 BECE and WASSCE would be affected because the government has started the West African Examination Council of the needed resources for the two examinations. The MP says the government has not released any money to the …

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Taxi drivers in Western region declare strike over poor roads

Taxi drivers in Asankragwa, Manso Amenfi, Bogoso and Wasa Akropong Municipality of the Western Region have declared a 3-day sit-down strike. The drivers disclosed that they have declared the strike action over bad road networks in the area. According to them, the poor nature of the roads is affecting their …

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6 most expensive places to rent in Accra – Survey

In the last decade, Ghana’s housing sector has undergone a significant change with increased urbanization and migration to cities like Accra, Kumasi and Takoradi. This, on the other hand, has made it difficult for many people to pay their rent or buy a house. Salaried workers in the country averagely …

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