BUSINESS

Noguchi confirms 34 Omicron COVID-19 cases in Ghana

Ghana records first cases of new COVID-19 variant Ghana’s current Omicron cases imported 28% of 120 samples taken at KIA returns positive for Omicron The Noguchi Memorial Institute for Medical Research says it has detected 34 cases of the Omicron COVID-19 variant from some 120 samples of returning travellers into the country. …

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I am receiving death threats – NSMQ Mistress

Disgruntled supporters sending threats to NSMQ mistress The Quiz Mistress of the National Science and Maths, Dr Elsie Kaufmann, has noted that she has been receiving death threats in the aftermath of the 2021 finals of the competition. The 2021 edition of the competition climaxed on November 26, 2021, with …

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Ghana records two new variants of Omicron Coronavirus variant

WHO first announced new Omicron variant cases South Africa first country to record Omicron variant Health Service boss asks citizens to adhere to safety protocols Ghana has recorded two cases of the new Omicron COVID-19 variant. This, according to the Director-General of the Ghana Health Service, Dr. Patrick Kumah Aboagye, was identified …

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Govt to reduce E-levy tax rate – Afenyo-Markin

Deputy Majority Leader, Alexander Afenyo-Markin, has said that the electronic transaction levy (E-levy) will be reduced from 1.75% to at least 1.5%. According to him, the reduced charge was captured in the revised version of the 2022 budget submitted by the Finance Minister, Ken Ofori-Atta on Tuesday. Speaking on PM …

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1.75% E-levy: Government in talks with telcos – Ken Ofori-Atta

Ad Ken Ofori-Atta introduced 1.75% e-levy Govt fees and charges was also increased by 15% Ken Ofori-Atta says govt is engaging telcos on the new levy During the presentation of the 2022 budget dubbed ‘Agyenkwa budget’, the Finance Minister, Ken Ofori-Atta introduced a new 1.75% levy on all electronic transactions such as Mobile …

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These are some proposals MPs received on resetting E-levy

Members of Parliament received a number of proposals from tax experts on the issue of the now controversial Electronic transactions levy (E-levy) that Finance Minister Ken Ofori-Atta included in the 2022 budget. Whereas one expert asked for the total scrapping of the tax, another hailed it as ingenious with a …

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Visually challenged man wins best farmer in AAK District

Madam Lydia Ama Aberesi, a 24-year-old blind farmer, emerged the overall best farmer in the Abura-Asebu-Kwamankese (AAK) District of the Central Region. Madam Aberesi, together with her spouse, Mr Stephen Nkrumah also a farmer, have large acres of cassava, okra, maize, plantain, and pepper. For her prize, she was presented …

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FDA retrieves 270 cartons of expired Charme Sparkling juice

The Food and Drugs Authority (FDA) has retrieved some 270 cartons of Charme Sparkling non-alcoholic red and white grape juice from the market. According to the Authority, these cartons are expired, thus, were retrieved with the help of the Police Service after a tip off from a vigilant member of …

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JHS pupils construct own classroom block

The pupils and teachers of St Paul Roman Catholic Junior High School (JHS) at Tokuroano in the Krachi East Municipality of the Oti Region, have begun the construction of a four-unit classroom block to enhance teaching and learning. The construction, which is a mud structure, follows several failed attempts to …

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Government to remove E-Levy on inward remittances

The government may be considering the removal of the proposed electronic levy (E-levy) in the 2022 budget statement and economic policy of the Akufo-Addo administration on the sums of money sent by foreign workers to individuals in the country which is better known as inward remittances. Government, according to Accra-based …

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Bank of Ghana signs historic MOU with Bank of Mauritius

The Governor of the Bank of Ghana, Dr. Ernest Addison, together with Governor Harvesh Kumar Seegolam, Governor of the Bank of Mauritius, have signed a historic Cooperation Memorandum of Understanding (MoU) in Port Louis, to deepen the existing ties of engagement between the two central banks. The objectives of the MOU …

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YELLOW FEVER: Death toll now 32

Three more persons have succumbed to the yellow fever virus, bringing the total number of deathsin the Savanna Region to 32.  This was disclosed by the Regional Director of the Ghana Health Service (GHS), Dr Chrysantus Kubio on Thursday, 25 November 2021 at a press conference held in Damango, the …

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Key personalities who have commented on e-levy

1.75% tax has been placed on electronic transaction Majority in Parliament wants e-levy in 2022 budget approved NDC has described e-levy has draconian On November 17, 2021, Finance Minister, Ken Ofori-Atta, during the 2022 budget reading in parliament, announced the introduction of 1.75% tax on all electronic transactions. According to him, this new …

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Fuel price hikes: GPRTU reschedules strike to December 1

The leadership of the Coalition of Private Transport Operators has postponed the group’s intended strike, originally scheduled for November 29, 2021, to Wednesday, December 1. According to the Union, the decision was taken after it had an emergency meeting on November 25 with the government with assurances that fuel prices …

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Here’s what famous ‘Black Friday’ means

You may have seen a lot of alerts and posts on social media and in shops with the inscription, Black Friday and you may have been wondering exactly this means! Well, today, Friday, November 26, 2021, is Black Friday, a day after the US Thanksgiving holiday that allows people to …

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BREAKING NEWS: Parliament rejects 2022 Budget

Parliament has rejected a motion that sought the approval of the 2022 Budget as presented by the Finance Minister, Ken Ofori-Atta. All 137 Minority Members of Parliament voted against the motion when the question was put by Speaker Alban Bagbin. The Majority had earlier walked out of the house after a disagreement with the …

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Greece donates AstraZeneca COVID-19 vaccines to Ghana

The Greece Government on Thursday donated 150,000 doses of AstraZeneca COVID-19 to Ghana. The donation was to compliment Ghana’s efforts in the fight against the pandemic and attain herd immunity. Mr Nikolaos Dendias, Greece Foreign Minister, who presented the vaccines, said until COVID-19 management resources were shared at the global …

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Poor sanitation will collapse our business – Kumasi traders

Many traders undertaking business activities in and around the Dr. Mensah business enclave in the Kumasi Metropolis have expressed worry over poor sanitation in the area. According to them, the situation is deterring several of their customers which they fear may collapse their businesses. They say if steps are not …

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Two multi-million projects abandoned at Asueyi gas production plant

A 120 kilowatts (KW) capacity gas production plant and a seven tonnage-per-day mechanized gari processing factory completed in 2017, have been abandoned at Asueyi near Techiman in the Bono East Region. Mr Ernest Adakwa Yiadom, the Techiman North District Planning Officer, disclosed that the factory was not in operation after …

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2022 Budget: E-levy – 10 critical questions answered

The Minister of Finance, Ken Ofori-Atta in his 2022 Budget presentation spoke about a new tax government was proposing, the Electronic Transaction Levy (E-levy). The levy has dominated discussions in and out of Parliament with proponents stressing its importance to broadening the tax net while opponents have lamented its negative impact on …

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SEC grants first domestic credit rating licence

The Securities and Exchange Commission (SEC) has issued the first credit rating licence to an indigenous company in Ghana, which will allow for an independent evaluation of the creditworthiness of debt securities on the Ghana Fixed Income Market. This will be a boost to development of the corporate bonds market, …

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Government to implement ‘Work abroad’ programme

The government has revealed its intention to facilitate the recruitment of Ghanaian labour seeking to work in the Gulf region in a programme dubbed ‘Work abroad’. This, it believes, would help cut down on the mistreatment of Ghanaians who go there in search of greener pastures. Giving a keynote address …

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