Some updated good news coming in is that the three contestants of the Keta Senior High Technical School who won bronze for their school in the just-ended National Science and Maths Quiz (NSMQ) will all get the chance to travel to Dubai. This is coming after the girl of the …
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Victoria Hammah slams Keta SHS girl for rejecting Dubai trip
Keta SHS finishes third in 2021 NSMQ Fransisca Lamini celebrated for being first girl to make final in 8 years Fransica Lamini rejects Dubai trip Former Deputy Communications Minister, Victoria Hammah, has described as a betrayal, a decision by Francisca Lamini, the female member of the Keta Senior High School’s …
Read More »GSE: Total capital loss of GH¢2.42 billion recorded at end of 2020 – BoG
Decrease in stock prices due to low demand Value of listed companies on GSE declined in 2020, BoG Investors offload their assets in haste over COVID-19 fears The Financial Stability Review of the Bank of Ghana has revealed that the value of listed companies on the Ghana Stock Exchange (GSE) recorded a decline in …
Read More »Cocoa Farmers boycott National Farmers’ Day celebration
Cocoa farmers say they have been treated unfairly by COCOBOD Address issues regarding our pensions immediately, farmers to COCOBOD 60% of cocoa farmers in Ghana are poor, Research Members of the Ghana National Cocoa Farmers Association (GNACOFA) boycotted this year’s farmers’ day celebration following what they described as the Ghana …
Read More »What are the symptoms of Omicron?
The first cases of the new Omicron variant of coronavirus have now been detected in the United Kingdom (UK). It was highlighted by scientists in South Africa as a potentially worrying new strain. What tests are used to detect Omicron? Swabs from polymerase chain reaction (PCR) tests, which are sent …
Read More »Bank of Ghana approves 24-carat gold coins in honour of Asantehene
Otumfuo to launch gold coins Gold Coins not for legal transactions Commemorative gold coins to be auctioned, sold, Report The Asantehene, Otumfuo Osei Tutu II, is set to officially launch his Commemorative Gold Coins on December 12, 2021. According to reports, the Commemorative Gold Coins is a fitting memorial in honour …
Read More »Can electronic transaction levy slow down the rate of online betting in Ghana?
The online betting industry in Ghana has been growing at a rate of knots in recent years, with Ghana quickly becoming one of the hotbeds of sports betting in sub-Saharan Africa. The Ghanaian gambling market still lags behind regional superpowers South Africa, Nigeria and Kenya; but the West African nation …
Read More »1% E-levy acceptable – Haruna Iddrisu
Minority Leader in Parliament, Haruna Iddrisu, says his side will readily accept a reduction of the proposed electronic transaction levy (e-levy) to 1% from 1.75%.a “A week ago, it was no no no, we won’t accept e-levy but having listened to officials in government, including the Minister of Finance. “I am …
Read More »More burden as PURC factors US$7.5 billion excess capacity cost into tariffs
Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …
Read More »€68 million released for works on Manso-Huni Valley railway – Amewu
Mr John-Peter Amewu, the Minister of Railways Development, on Wednesday, announced that government has paid 68 million euros to Amandi Holdings Limited to begin construction works on the Manso-Huni Valley rail line in the Western Region. Mr Amewu said this, in Accra, Wednesday at a media briefing on the Government’s …
Read More »Fuel prices to reduce by weekend – IES projects
Total reduces its prices by 2% International crude oil prices have seen some reduction Fuel prices decrease marginally Checks at various pumps have revealed that some Oil Marketing Companies (OMCs) have started revising their prices this morning. The Institute of Energy Security (IES) has stated that prices on the market …
Read More »WATCH: Here is Ghana’s cleanest village
Ghana has ODF communities Takoka is a fishing community No plastics found at Takoka Takoka is a community in the West Mamprusi District of the North East region and it is arguably, Ghana’s cleanest village. This, according to award-winning documentary producer and journalist, Edem Srem is also due to the …
Read More »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. …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Ashanti region to experience dumsor till December 20 – GRIDCO
The power outages in the Ashanti region will continue until December 20, 2021, as a result of ongoing works on three damaged towers of GRIDCo at Bogoso, GRIDCo has said. Speaking at a joint press conference organized by GRIDCo and ECG in Kumasi, the Director of Northern Network Services at …
Read More »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 …
Read More »Business word of the day – Cyber Monday
Business word of the day – Cyber Monday The term cyber-Monday, was coined in 2005 Source:
Read More »Government power subsidies more than amount spent on Free SHS – Economist
Government pays about four billion dollars in subsidizing the energy sector, Mr Habibu Adam, a Senior Economist, at the office of the Senior Presidential Advisor, has said. Mr Adams said the subsidy payment was more than the money being spent to implement the Free Senior High School (FSHS) policy, adding …
Read More »World Bank urges Ghana to create more decent jobs to spur economic growth
Ad The World Bank has urged Ghana to accelerate economic transformation by creating more decent jobs for its growing youthful population to address the fast-paced unemployment challenge in the country. The Bank noted that although the country had over the last two decades, become a rising star in Africa, nearly …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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