BUSINESS

Why Dubai could become the trading point of Ghana’s cocoa

The Chief Executive Officer of the United Arab Emirates Trade Centre, Mr. Walid Hareb, has urged Ghana to establish a cocoa trading platform in Dubai. According to him, the platform, which could be a pilot project, would make Dubai the central point of Ghana’s cocoa, where the raw beans and …

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Fuel prices beat NPP to ‘break the 8’

The New Patriotic Party’s desire to be the first political party under the Fourth Republic to stay in power for more than eight years may well be alive but they have now lost the “Break the 8” race to fuel prices. They may soon lose out to the dollar which is …

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Nurses lament delay in February salary

Some nurses across the country are seething with rage over the government’s delay in the release of their February salary. According to the nurses, the situation has become unbearable for many health workers since salary for the month ending February has not been released. “Many a time, as government workers …

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Teachers cry over February salary delay

Some teacher unions, the National Association of Graduate Teachers (NAGRAT) and the Coalition of Concerned Teachers (CCT) are livid over the delay in the payment of their February 2022 salary. NAGRAT president Angel Carbonu confirmed to journalists at a press conference that they were yet to receive their February salary. …

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This is why Apostle Kwadwo Safo named Zaraman ‘Osebo’

Ghanaian fashionista, Richard Brown, popularly known as ‘Osebo the Zaraman,’ has told the story behind his brand name. Disclosing that the name was conferred on him by his pastor, Apostle Kwadwo Safo Kantanka, Osebo said it best suits his personality. Explaining further, Osebo, who has been a member of the …

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Students bear brunt of UTAG strike

Students are once again bearing the brunt of the seemingly undecided end to the UTAG strike. This comes after some universities voted against the suspension of the strike by the National Executive Committee (NEC). The NEC of UTAG had earlier urged lecturers to resume teaching ahead of the referendum results …

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Tourism is back; thanks to domestic campaign – GTA

Mr Kofi Atta Kakra Kusi, Deputy Head, Corporate Affairs, Ghana Tourism Authority (GTA) says the introduction of the domestic tourism campaign by the Authority has helped the sector bounce back after the devastating effect of COVID-19. He said the regional tourism campaign launched in 2021 by the President created an …

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WAEC releases provisional 2021 BECE results

The West African Examinations Council (WAEC) has released the provisional results of the 2021 Basic Education Certificate Examination (BECE). According to WAEC, a total of 572,167 candidates took part in the 2021 BECE, with 287,730 of them being males and 284,437 being females. A statement by WAEC released on February …

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IMF declares Ghana as a debt distressed economy – Isaac Adongo alleges

The International Monetary Fund (IMF) has confirmed that Ghana is in debt distress, a deputy Ranking Member on Parliament’s Finance Committee, Isaac Adongo, has alleged. According to him, the development comes after the Fund, in its latest Monetary and Capital Monitor report, affirmed Ghana has attained ‘the unenviable economic status of a …

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We won’t comply with your directive – UG-UTAG

The University of Ghana, UG, branch of the University Teachers Association of Ghana, UTAG, has rejected the call for academic work to commence on Monday, February 28, 2022. According to a release signed by Prof Ransford E.V. Gyampo, Secretary UG-UTAG, lecturers of the University of Ghana cannot comply with an …

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Give Yilo Krobo a mango processing factory – Group to govt

A youth group within the Eastern region – “Action Movement Youth” (AMY), is calling on His Excellency Nana Addo Dankwa Akuffo to give Yilo Krobo and its environs a mango processing factory. Yilo Krobo is one of the few leading mango farming districts in Ghana which makes it a hub …

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Otumfuo urges businesses to spread across regions to expand economy

The Asantehene, Otumfuo Osei Tutu II, has advised businesses to recognise their operations as contributing to the growth of Ghana’s economy. He said economic growth created wealth, some of which went directly into the pockets of workers to improve their well-being. Hence, he said, businesses were expected to grow and expand …

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E-Levy still ‘missing’ in Parliament

The Electronic Transaction Levy Bill, popularly known as e-levy, will not be tabled in Parliament anytime soon. This is because it was not included in the Business Statement for next week. The controversial bill has not been considered by the plenary despite surviving the Finance Committee’s deliberation. It was tabled …

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Aliko Dangote loses US$500 million as cement firm shares fall

African billionaire businessman Aliko Dangote has seen his net worth fall by more than $500 million in the past 27 days, as shares of his flagship company, Dangote Cement Plc, dropped by a single-digit percent on the Nigerian Exchange. Dangote, the continent’s wealthiest man who has retained his position for …

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3 members of UEW UTAG dissociate themselves from Association

Three members of the University of Education, Winneba’s branch of the University Teachers Association of Ghana (UTAG) have disassociated themselves from the Association. They are Prof. Samuel Asiedu Addo, Dr Samuel Ofori Bekoe and Dr Frimpong Kaakyire Duku. The group of three in a rejoinder stated that their decision is …

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15% hike in transport prices comes into effect

The cost of transport services across the country have gone up 15% effective today, February 26, 2022. This comes after the transport operators in Ghana on Monday February 21, 2022, agreed to the rise in fares. According to the Road Transport Operators Union, the increment falls in line with administrative …

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