BUSINESS

Emirates loses US$1bn

The Emirates Group today released its 2021-22 Annual Reportwhich shows strong recovery across its businesses. dnata returns to profitability, and significant revenue improvements were reported across both Emirates and dnata as the Group rebuilt its air transport and travel-related operations which were previously cut-back or curtailed by the COVID-19 pandemic. …

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COCOBOD to close crop season May 26

The Ghana Cocoa Board (COCOBOD) will close its main crop season tomorrow, Thursday, 26 May 2022. “It is hereby notified for general information that purchases of the 2021/2022 Main Crop Cocoa Season will close on Thursday 26th May 2022,” COCOBOD said in a statement issued on Wednesday, 25 May 2022. …

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Poliovirus found in drains in Tamale

The Noguchi Memorial Center for Medical Research has found the Poliovirus in samples of water scooped from some drains in the Sagnerigu Municipality and the Tamale Metropolis. The Deputy Northern Regional Director of Health in charge of Public Health, Dr. Hilarious Abiwu, disclosed this in an interview with GBC News …

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Tolon SHS fire: Students return to school, moved into temporary place

The Tolon District Assembly, District Education Directorate, and other stakeholders have partnered to provide temporary classrooms and accommodation to displaced students of Tolon Senior High School. The management of Tolon Senior High School last week directed over 600 students of the institution to return home following a fire that gutted …

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VIDEO&PHOTOS: Accra floods: Kaneshie Polyclinic shutdown

The Kaneshie Polyclinic in the Okaikoi South District of the Greater Accra region has been shutdown following heavy downpour which started at midnight of Tuesday, May 24,2022. According to reports, the wall separating the Polyclinic and the Ga Mantse Palace got broken, which made way for the water to enter …

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Bank of Ghana increases policy rate from 17% to 19%

The Bank of Ghana Monetary Policy Committee has reviewed the policy rate by 200 basis points from 17 percent to 19 percent. Governor of the central bank, Dr. Ernest Addison speaking at a press conference on Monday May 23 explained the move is meant to stem inflation which has been surging in recent …

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Chaos in KALISCO as ‘town boys’ clash with students during jams

A group of outsiders invaded the Kalpohin Senior High School in Tamale and clashed with the students having an entertainment session last night. The clash occurred as the students attempted to stop the outsiders who had illegally entered the school campus from joining the entertainment programme. According to reports, one …

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Newmont publishes 2021 climate report

Newmont Corporation has published its 2021 Climate Report, the Company’s annual report prepared in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report outlines how Newmont understands and is addressing climate change — from reducing our greenhouse gas emissions to managing risks, to enhancing …

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Drivers to march naked over rising cost of fuel

The Concerned Drivers Association of Ghana is threatening to march naked on the streets of the national capital to express its anger at the government over the ever-increasing prices of fuel. The drivers intend to block major roads during that demonstration. The group’s National Public Relations Officer, Mr David Agboado, …

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Ghana’s Ashanti Airlines nears AOC completion to operate – Report

AviationGhana sources have confirmed that Ashanti Airlines is nearing the completion of its Air Operators Certificate (AOC) to enable it operate as an airline in Ghana. Two licenses, Air Carrier Licence (ACL) and Air Operator Certificate (AOC), are required by the aviation sector regulator, the Ghana Civil Aviation Authority (GCAA), …

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Inflation in Ghana is a complicated issue – BoG

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has said inflation rate in the country is a complicated economic issue. According to the Governor, his outfit since last year has been trying to manage inflation but was shocked with some of the outcome this year. “It is a very complicated …

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Tolon SHS shut down following fire

Authorities at Tolon Senior High School have temporarily closed down the school following a fire outbreak earlier Thursday, May 19. The fire razed down the entire girls’ dormitory block. According to the headmaster of the school, Amadu Issifu, the decision to close down the school is to allow them put …

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Fear slim guys – Jacinta cries out

Nigerian-Ghanaian stand-up comedienne and actress, Jacinta Asi Ocansey is popularly known as Heiress Jacinta has given people a cause to worry about slim guys. In a tweet sighted by sammykaymedia.com on Jacinta’s Twitter handle, she wrote … “Stop whatever you are doing and fear slim guys”. This tweet by the …

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1D1F biggest rollout of factories in history of Ghana and Gold Coast – Gabby

A leading member of the governing New Patriotic Party, Gabby Asare Otchere-Darko, has hailed government’s flagship programme “One District, One Factory” as one that has contributed immensely towards industrialization. In his view, it is the biggest policy rollout that has aided the establishment of many factories. Otchere-Darko stated that not even Ghana’s …

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The educational qualifications of Ghana’s current economic managers

From technocrats to economists in revered fields, many Ghanaian leaders have been well-educated before they are elected, nominated or appointed to manage the economy of a country. In terms of managing a middle-income country like Ghana, one would have to be associated with varied educational credentials which will span across …

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Government extends ban on exportation of rice, maize, soybeans

Government has extended the temporary ban on the exportation of maize, rice, soybeans and other grains to September 20, 2022. This announcement was contained in a press release sighted by GhanaWeb on Wednesday, May 18, 2022. “The Ministry of Trade and Industry in its letter ref. no. DB6/118/03B dated 13th April 2022, …

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Report illegal connection users – PURC to Ghanaians

Many people in Ghana are reported to be engaging in illegal connections to enjoy either free electricity and water or pay at a relatively cheaper price. These illegal connections have dire consequences on the utility companies as monies expected to be received move below the belt. It is for this …

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Premature babies prone to health conditions — Optometrist

Dr. Alfred Gardemor, Principal Optometrist and Head of the Optometric Center at the Nsawam Government Hospital has stated that premature babies have a higher risk of developing eye problems. He stressed when a baby is born prematurely, a lot of development has not taken place, which makes it prone to …

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Fuel prices to rise again – IES

Fuel may see a significant increase in price from rising international prices and domestic shortages in the second pricing window of May, according to the Institute for Energy Security (IES). “For the rest of May 2022, the 7.64% rise in Gasoline price, 1.90% rise in Gasoil price, and the 6.05% …

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It’s time to review free SHS – Palmer-Buckle

Most Reverend Charles Palmer-Buckle has added his voice to calls for government to take immediate steps to review the free senior high school policy through stakeholder engagement. According to the Archbishop for Cape Coast, the free SHS policy has come to offer relief to parents, but it is important for …

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Over 156,000 jobs created from 1D1F – Trade and Industry Minister claims

The government’s flagship programme, 1 District 1 Factory (1D1F), has created 156,782 direct and indirect jobs. This, according to Alan Kyerematen, Trade and Industry Minister, has gone a long way to address Ghana’s unemployment situation. Speaking at the Presbyterian Church of Ghana’s 3rd National Public Lecture on the theme “Harnessing Job …

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