BUSINESS

The top 7 Ghanaian earners on the Ghana Stock Exchange

• Some individuals have been earning significantly on the Ghana Stock Exchange • The earnings are based on figures from investment agencies accompanied with recent annual reports from capital market registrars • The list includes Daniel Ofori, Frank Adu Jnr, and Joseph Siaw Agyepong While stock trading may come with …

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Here’s all you need to know about the mortgage market

Shopping for a mortgage can be unnerving without the proper information and guidance from mortgage experts. Fortunately, it gets much simpler when you understand the basic ways of categorizing mortgages. A mortgage, in many ways, is a lot like shopping for a home – there are different options that cater …

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Local oil palm industry fights GUTA over 50% benchmark policy

The Oil Palm Development Association of Ghana (OPDAG) has locked horns with the Ghana Union of Traders Association (GUTA) over the 50 percent benchmark policy introduced by the government to reduce duties on imported goods, saying, the latter is influencing the government not to exempt vegetable oils from the policy. …

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Fire guts Agbogbloshie Yam Market

Fire on Thursday night gutted scores of wooden structures at the Konkomba Yam Market at Agbogbloshie, in the Greater Accra Region. The fire, which reportedly started around 12 midnight, razed down a dozen wooden structures, leading to the loss of many property including yams, drums of alcohol and palm oil, …

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Pirates to get 15-year jail term – GMA Director-General

The Attorney–General, and Minister for Justice’s office and the Ghana Maritime Authority (GMA), are working on a new maritime bill, which, when passed into law by parliament, will see suspected pirates arrested in the country’s waters sentenced to a maximum of 15 years jail term. The move has become imperative …

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The seven richest people on the Ghana Stock Exchange

While a significant majority of Ghana’s wealthiest individuals continue to shun its local bourse ­– preferring to build their fortunes through privately-owned companies – a tiny handful of high net-worth individuals keep a portion of their investment portfolios in listed equities on Ghana’s largely illiquid stock market. Based on figures …

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BoG wins arbitration against Sibton switch limited

A Tribunal constituted under the auspices of the London International Court of Arbitration (LCIA) has issued an award in favour of the Bank of Ghana dismissing all claims brought by Sibton Switch Systems Limited (“Sibton Switch”) in relation to the termination by the Bank of the Master Agreement for the …

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IMF transfers US$1 billion into Bank of Ghana’s account

The International Monetary Fund (IMF) has transferred a little over US$1 billion into the Bank of Ghana‘s account as part of a Special Drawing Right (SDR) allocation to support economic recovery. This came to light when the Fund issued a circular showing Ghana was the 4th country to receive the …

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Government abandons student nurses allawance

Student nurses at the Bolgatanga Nursing Training College (BNTC) in the Upper East Region, say their allowances are in four months’ arrears. The students acknowledged that allowances for January, February, and March were paid, however, they are yet to receive allowances for April, May, June and July. Mr Benjamin Asaana …

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VIDEO&PHOTOS: The abandoned Komenda Sugar Factory

JoyNews has released a documentary produced by Joojo Cobinah focusing on the abandoned Komenda sugar factory which has been rusting away since operations halted. The old factory, built-in 1964, became defunct about 30 years ago due to technical difficulties and mismanagement. “He (President Nana Akufo-Addo) promised that he will fix …

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Scam Alert: EOCO cautions salaried workers

The Economic and Organised Crime Office (EOCO) has cautioned salaried workers on the current scams targeting them. EOCO said it had in recent times received a number of complaints from salaried workers, who had fallen victims to these individuals. A statement issued in Accra, and signed by Madam Faustina Lartey, …

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Why plenty sex is a good weapon to fight prostate cancer

Whether or not sex is good for prostate problems is a question many men wonder about, and it’s an important one that needs answering. The prostate plays an active role during sexual activity. Along with other structures, the prostate is responsible for making fluid in semen, which helps transport your …

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Silenced, not gone: How CSM continues to linger behind COVID-19

Every year, tens of people die from the deadly Cerebrospinal Meningitis (CSM) disease in Northern Ghana especially the Upper West Region. The annual havoc wrecked by the disease in Northern Ghana, often dominated both local and national media space and attracting attention from the government, development partners, civil society, the …

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UTAG to suspend strike; demands withdrawal of court action

The University Teachers Association of Ghana (UTAG) is expected to suspend its strike following an agreement with government to return to the negotiating table. The lecturers, according to a memorandum of understanding between them and government, will suspend their industrial action if the National Labour Commission withdraws all legal action …

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