BUSINESS

Commercial drivers to increase fares by 15% from 29 March

Transport fares will go up by 15 per cent effective Tuesday, 29 March 2022, the Public Relations Officer of the National Concerned Drivers Association, Mr David Agboado, has told Nasaria Abdul Rahman on Class91.3FM’s mid-day news 12 Live. “When we increased transport fares the other time, it was GHS7.99 [per …

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Three tonnes of unwholesome goods destroyed by FDA in Cape Coast

The Central Regional Office of the Food and Drugs Authority (FDA) has safely destroyed three tonnes of unwholesome goods gathered between the last quarter of 2021 and the first quarter of 2022. The products, included drugs, food, cosmetics, household chemical substances, were either bloated, expired, dented or had defaced date …

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Fuel shortage to hit Ghana as BOST workers go red over MD Provencal

Ghana faces a real-time risk of fuel shortage hitting the country as workers of state-owned Bulk Oil Storage and Transportation Company BOST threaten to lay down their tools over poor management decisions by their Managing Director, Edwin Provencal, who allegedly earns more than 1.35 million Ghana Cedis as a net …

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Bawumia rallies support for Black Stars head of Nigeria encounter

The Vice President, Dr. Mahamudu Bawumia, is rallying support for Ghana’s Senior National Football team, the Black Stars as they meet their arch-rivals the Nigerian Super Eagles in the World Cup qualifying play-off at Kumasi in the Ashanti Region. He also assured the Black Stars of the nation’s maximum support …

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Ghana to experience acute climate hazards – Report

Ghana is expected to experience more acute climate hazards such as flooding, as well as more frequent and intense drought, a report on Ghana’s roadmap for resilient infrastructure in changing climate has revealed. The 165-page report said, the consequence of the country’s climate change, has the potential to threaten the …

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Akufo-Addo urges doctors to accept postings to rural areas

President Akufo-Addo has described as distressing the refusal of some doctors to accept postings to rural and underserved communities. Addressing a Public Lecture to commemorate the 60th Anniversary Celebrations of the University of Ghana Medical School, the President urged student doctors to follow the footsteps of their forebears by accepting …

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GPRTU to increase transport fares by 15%

The Ghana Private Road and Transport Union (GPRTU) has described the 15 pesewas cut per litre of fuel by government as woefully inadequate. The disappointed Union says it expected government to at least reduce the fuel price by Ghc2 cedi per liter. Speaking to GHOne Evelyn Araba Aidoo, the Head of Communications …

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Teacher trainees cry over 4-months unpaid allowance

The Teacher Trainees Association of Ghana is unhappy over delays in the release of their monthly allowances which have been in arrears for four months. According to the association, the arrears owed them fall between May and August, for the 2020/2021 academic year. In an interview with Citi News, the President …

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15 pesewas per litre reduction in fuel price disappointing – COPEC

The Chamber of Petroleum Consumers Ghana (COPEC), says it is utterly shocked at government’s 15 pesewas per litre reduction in the cost of fuel beginning April 1, 2022. COPEC’s Executive Secretary, Duncan Amoah insists the reduction is way below its expectations following discussions between relevant stakeholders and the government. Speaking …

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Gov’t reduces fuel prices by 15 pesewas per litre

Government as part of measures to mitigate the economic hardships on Ghanaians has reduced margins in the petroleum price build-up by a total of 15 pesewas per litre. Finance Minister, Ken Ofori-Atta who made the announcement during a government press conference in Accra on Thursday, March 24, 2022, said the …

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KATH pumps GH₵30 million to revamps its operations

The Komfo Anokye Teaching Hospital (KATH) in Kumasi, has invested an amount of GH¢30 million to provide ultra-modern equipment and retool its entire operations. This has helped to revamp the operations of the hospital, the second-largest referral facility in the country built resilience in its quest to provide quality, affordable …

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Government to cancel mandatory PCR test at KIA

The government is expected to cancel the mandatory PCR tests for vaccinated passengers at KIA, according to a document in possession of Starr News. The document details a number of restrictions government intends to ease including reopening of land borders and corresponding measures to curb the spread of COVID-19. This follows …

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Teacher drowns during rainstorm at New Edubiase

The body of a 38-year-old teacher has been found in a drainage at Aburaso within New Edubiase in the Adansi South District following a severe rainstorm that hit the town on Sunday evening. The deceased, Francis Abu, an Assistant Headteacher of Adansi Atobiase D/A Basic school, got missing during the …

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Keep calm, cedi will stabilise soon – BoG Governor

Governor of the Bank of Ghana, Dr. Ernest Addison, has calmed nerves over the current rapid depreciation of the cedi, saying, the bank is implementing interventions that will stabilise the local currency against its major trading currencies in the shortest possible time. His comments come on the back of concerns over the …

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20 African countries with the highest debt-to-GDP ratio

Like other professions, Economists use many abbreviations. One of the most common is GDP, which represents Gross Domestic Product. According to the International Monetary Fund, the term has become widely used as a reference point for the health of national and global economies. The Gross Domestic Product (GDP) comprehensively measures …

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Dr. Bawumia to speak on the economy on April 7 in Cape Coast

The Vice President, Dr. Mahamudu Bawumia, will speak on the Ghanaian economy in April, his spokesperson, Dr. Gideon Boako has said. Following worsening effects on the Ghanaian economy, including price hikes on fuel and basic commodities and depreciation of the Cedi, there have been calls on the Vice President to …

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Stampede during GhanaCard registration – NIA clarifies incident

The National Identification Authority (NIA) has explained the circumstances that led to the stampede at its head office during the registration for the GhanaCard on Tuesday March 22. Corporate Affairs officer at NIA, Henry Aboagye told TV3 that “I went there, the gate was opened around 7:30AM. There was a …

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Zipline to begin home deliveries soon

Madam Naa Adorkor Yawson, the General Manager of Zipline, says her outfit will soon begin home deliveries in the country. She said the delivery would form part of efforts to promote healthcare supplies by taking advantage of the country’s digitisation drive to grow a viable healthcare system that enhances access …

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Basic schools to end first term April 7 – GES

The Ghana Education Service (GES) has reminded heads of public basic institutions of the scheduled calendar for the 2022 academic year. According to the GES, heads of basic schools are to take note of the calendar and “implement accordingly.” In a statement issued by its Deputy Director-General, Mr Kwabena Bempah-Tandoh …

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Asamoah Gyan apologises for ‘nonsense must stop’ statement

Ghana’s all-time top scorer, Asamoah Gyan, has apologised for the use of ‘nonsense’ while expressing his disappointment over Majeed Ashimeeru’s omission from the Black Stars squad to face Nigeria. Gyan, in spite of the apology, stood by his earlier words that the Anderlecht midfielder should have been included in the team to face …

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11 pupils hospitalised after school building collapses in Paga

Eleven pupils of the Paga E/A primary school in the Kassena-Nankana West District in the Upper East region, have been hospitalised after the walls of two classrooms collapsed on them, GhanawEb’s Upper East Correspondent Senyalah Castro reports. A Monday (March 21) afternoon rainstorm, which swept through the town, ripped off …

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Fitch, Moody’s downgrades put ‘severe pressure’ on cedi – BoG

The Sovereign credit rating downgrades of Ghana by Fitch and Moody’s led to “widened yield spreads on both cedi-denominated government of Ghana bonds and the country’s Eurobonds”, the Bank of Ghana has said. “These downgrades reflect market and investor concerns about fiscal and debt sustainability”, Governor Ernest Addison told journalists …

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