BUSINESS

Mining firm Glencore pleads guilty to UK bribery charges

A British subsidiary of the mining firm Glencore has pleaded guilty in a UK court to corruption offences for the second time in the last two months.It was accused of paying millions of dollars in bribes to secure access to crude oil in several African countries. The Serious Fraud Office …

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Fuel Shortage: No need to panic—Senyo Hosi

There is no need to panic about fuel shortage in the country, Mr Senyo Hosi, the Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, has said. He said the country had one month fuel cover and urged the public not to engage in panic buying. “Yes, we …

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179 Menzgold customers have died – Fred Forson

179 customers have died as a result of their locked up cash with defunct gold dealership firm – Menzgold, Convener of Aggrieved Customers, Fred Forson, has said. Aside from the people who passed away, Forson said several others have various ailments and to some extent, are bedridden. Speaking in an …

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GHS records three Covid-19 deaths in two days

The Ghana Health Service (GHS) has reported three covid-19 related deaths after the country began recording new cases over the past weeks. The three deaths were recorded between June 14 to June 16. GHS has also reported 243 new cases with 14 of the cases being severe and two people in critical …

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There is no food shortage in Ghana – Agric Minister

Minister for Food and Agriculture, Dr Owusu Afriyie Akoto, has reiterated that there is no food shortage in Ghana. “There is no food shortage in Ghana as is being speculated, the food situation in the regions is enough evidence, however, we recognise that food is relatively expensive due to external factors.” …

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Plan in place to revamp Tema Oil Refinery – Egyapa Mercer

As Ghanaians look for some reprieve in the petroleum sector amid soaring prices, a Deputy Minister for Energy, Andrew Egyapa Mercer, has said the Tema Oil Refinery (TOR) could be back online by the end of 2022. In April, he said, the management of TOR sought approval from the Ministry …

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Government withdraws Tax Exemptions Bills from Parliament

Government has withdrawn the Tax Exemptions Bill 2021, which seeks to prevent a significant loss of government revenue from Parliament. This is after Deputy Finance Minister John Kuma has sought the leave of the House to withdraw the bill and to re-laid it later in the House. The Exemptions Bill …

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Solving unemployment menace: TVET is Ghana’s surest bet – Contractor

The Chief Executive Officer of Kumasi based Constructions Firm, Fapem Constructions Limited Mr.  Emmanuel Boakye Fapem has called on the government to focus more attention on technical and vocational education and training in order to provide the practical skills needed to reduce unemployment menace in Ghana. While lauding the government …

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Save TOR from collapse – IES tells Akufo-Addo

The Institute of Energy Security (IES) has appealed to President Nana Addo Dankwa Akufo-Addo to intervene to rescue the Tema Oil Refinery (TOR) from folding up. The IES said TOR is at the moment saddled with huge debts, poor management and other challenges that must be tackled immediately. A statement issued by IES …

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Why meat prices are going up in Ghana

There has been a sharp increase in the price of meat in local markets, chop bars, and restaurants in Ghana in recent times, shooting the cost of locally prepared food up. XYZ News has been finding out what could be the possible cause of the rise in the prices of …

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Islamic SHS Demo: All 39 student-victims discharged from hospital

All students admitted to hospitals following Monday’s clash between protesting students of Islamic Senior High School and the Police in Kumasi have been discharged. 22 of them were treated and discharged on Monday while the remaining 17 students were equally discharged on Tuesday and have reunited with their colleagues on …

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Korle Bu Teaching Hospital floods after Wednesday downpour

Parts of the Nation’s premier hospital, the Korle Bu Teaching Hospital allegedly got flooded after the rainstorm on Wednesday, June 15, 2022. A video shared on social media, after the downpour, showed the Endoscopy Department of the hospital heavily flooded even though GhanaWeb could not independently confirm if the viral …

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Burst pipe destroys thousands of goods at Kejetia market

Commodities worth hundreds of Ghana cedis contained in about 90 shops at the Kumasi Kejetia Market in the Kumasi metropolis of the Ashanti region have been destroyed. The damage according to reports was caused after some pipelines installed in the market burst again on Tuesday, June 14, 2022, after the …

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The law will soon catch you – Peter Amewu to rail thieves

John Peter Amewu, Minister of Railway Development, has said government will soon arrest and punish individuals stealing components for fittings of the tracks on the Tema-Mpakadan railway. This follows the observation that about 250 bolts and nuts have been stolen by unknown persons on the Tema Harbour-Afienya stretch of the …

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Afram  Plains, Birim North record three suspected cases of Monkeypox

Afram Plains South and Birim North districts in the Eastern Region have recorded three suspected cases of Monkey Pox disease. Speaking on Nkawkaw-based Agoo FM, Richard Essien, the director of Health at Afram Plains South District explained that two suspected cases were identified in the district during a community outreach …

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