BUSINESS

KNUST to resume lectures on February 24

The Kwame Nkrumah University of Science and Technology has announced the date for the resumption of academic activities. In a letter addressed to members of the university community, it noted that in line with the suspension of the UTAG strike, lectures and all academic activities will commence on Thursday February …

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Seven children die of severe acute malnutrition in Ketu South

The Ketu South Municipality lost seven children to Severe Acute Malnutrition (SAM) in 2021. The deaths caused by the life-threatening condition because of low weight for height or by the presence of nutritional oedema were the highest in the last three years. Records of in-patient management of SAM at the …

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A/R: SHS Students bemoan delayed funds, food shortages

The various Student Representative Councils (SRCs) in the Ashanti region are demanding immediate action to halt the funding delays and food shortages affecting Senior High Schools (SHS) in the region. The student body made the call in its address to mark the opening of its 25th Congress and launching of …

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Meet the 10 richest investors on the Ghana Stock Exchange in 2022

Despite the impact of the COVID-19 epidemic on financial assets, company operations, and financial performance, the Ghana Stock Exchange is ready for a fresh start after providing outstanding profits to investors and other market players in 2020 and 2021. The GSE Composite Index (GSE-CI), a weighted index comprised of all listed ordinary …

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UTAG calls off strike for a week

The University Teachers Association of Ghana (UTAG) has announced a short window of opportunity for the government to finally resolve its long-standing feud with it. This is coming on the back of the announcement by the teachers group that it had agreed to call off the strike. This was announced …

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Bawumia concerned about high fuel prices

Vice President Dr. Mahamudu Bawumia has attributed the consistent increase in fuel prices to the transition in energy usage to renewables by the global community. He has therefore directed the Ministry of Energy and other allied ministries to formulate strategies that will address prices in fuel and also the use of …

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Aayalolo buses rotting away at Achimota terminal

Several buses that are part of the fleet for the Bus Rapid Transit (BRT) system imported into the country in partnership with the government of Ghana and the World Bank, are rotting away at the Achimota bus terminal, Accra100.5FM’s Stephen Adjei has reported. About half of the 245 state-of-the-art buses …

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UTAG agrees to suspend strike

The University Teachers Association of Ghana (UTAG) has agreed to suspend their seven-week-old industrial action. This is to pave the way for a two-week negotiation with government to begin and conclude. The suspension is subject to the approval of UTAG members within a five-day period. The announcement was made via …

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Nana Akyaa Obeng-Adiyiah appointed as Deputy CEO of GEXIM Bank

Mrs. Nana Akyaa Obeng-Adiyiah has been appointed as the Deputy Chief Executive Officer (Finance and Administration) of Ghana EXIM Bank. Her appointment takes effect from 23 February 2022. She is a seasoned Banker, Development Finance Expert and Business Development Strategist. She has over 15 years’ multi-sectoral corporate experience, of which …

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Support GHS to eradicate unsafe abortion – UWR Deputy Director of PH

The Deputy Director of Public Health at the Upper West Regional Health Directorate, Dr Richard Wodah-Seme has called on stakeholders to support the Ghana Health Service (GHS) to eradicate unsafe abortion in the region. The Deputy Director enumerated that between 2017 and 2021, the region recorded 1,750 incomplete unsafe abortions …

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Ofori-Atta to fall on petroleum sector if E-levy fails

The Finance Minister, Ken Ofori-Atta, expressed optimism that the E-levy policy will be approved but, in the event, it does not go through, he said, the government will turn to the petroleum sector for revenue. According to him, he is still surprised at the dissenting voices in relation to the proposed …

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Ofori-Atta gives alternative if E-Levy fails

The Finance Minister, Ken Ofori-Atta, is still surprised at the dissenting voices in relation to the proposed E-levy in the 2022 budget statement. He, however, expressed optimism that the policy will be approved but, in the event, it does not go through, he said, the government will turn to the …

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55% of lenders have defaulted – MASLOC CEO

CEO of the Microfinance and Small Loans Centre (MASLOC), Hajia Abibata Shanni Mahama Zakariah, has indicated that 55 percent of lenders have failed to pay back the loans given to them by the centre. According to her, out of the over GH¢200 million loans given out by MASLOC, only GH¢ …

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NLA gives gov’t ¢10m for Youstart programme

The National Lottery Authority (NLA) has presented a cheque of GH¢10,000,000.00 to the Ministry of Finance as their contribution to the YouStart programme to tackle the high youth unemployment in the country. The cheque was presented by His Eminence, Torgbui Francis Nyonyo, a member of the Counsel of State representing …

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Ghana’s richest investor in banking is worth over US$9 million – Report

Wealthy Ghanaian businessman Daniel Ofori’s investment in Ghana’s fourth-largest bank, Societe Generale Ghana, is now worth GH¢57.9 million (US$9.03 million), owing to a rise in the firm’s shares in 2021. Societe Generale Ghana, a subsidiary of the French international investment bank Societe Generale, operates as one of 17 operational divisions …

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NAGRAT strike looms over deletion of names of teachers from payroll

The National Association of Graduate Teachers (NAGRAT) will soon go on strike unless names of teachers deleted from the government’s payroll unfairly are restored. This has been hinted by NAGRAT President Angel Carbonou. Speaking to journalists in Accra on Thursday, February 17, 2022, the NAGRAT leader described the reasons given …

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Snakebites kill teachers in Afram Plains

Two teachers in Afram Plains in the Eastern Region of Ghana, have died as a result of their inability to receive medical care in that part of the country after they suffered snakebites. The Basic Education Coordinator for the Afram Plains North District, Taihdu Mohammed, while speaking in an interview …

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We don’t know of any transport fare increment – GPRTU

The Ghana Private Road Transport Union has denied knowledge of any increment in transport fares. The Unions stated that it is not aware of any 30% increment in fares. This follows a press release from the Members of the Private Commercial Transport Operators announcing a 30% increment in transport fares …

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