BUSINESS

Benchmark Value: GRA suspends implementation for two weeks

The Ghana Revenue Authority (GRA) has suspended the implementation of the reversal of the benchmark value policy for two weeks. The suspension, to be lifted on January 17, 2022, is to allow importers who got their duty bill before December 31, 2021, to successfully clear their goods within the period, …

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Fuel price to rise by 3.7% – COPEC predicts

The price of petrol is expected to increase by 3.7%, the Chamber of Petroleum Consumers (COPEC) has predicted. COPEC in a statement said Brent crude plunged by 10.7% to $73.45/barrel on 26 November 2021 and the OPEC Reference Basket (OPB) plunged by 6.9% to $76.09/barrel on the same date. According …

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Woman in labour dies after Ambulance Service allegedly demanded GH¢600 for fuel

Ambulance Service personnel accused of unprofessionalism Woman referred to Korle-Bu dies after undergoing cesarean section at Sekondi-Takoradi hospital Delay by Ambulance Service caused death of my wife, says bereaved husband A resident of Sekondi-Takoradi, John Obiri Yeboah, has accused some personnel of the National Ambulance Service of unprofessionalism leading to …

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Sacked GES officials may face prosecution – Africa Education Watch

An Education Think Tank, Africa Education Watch, has lauded the move by the Ghana Education Service (GES) for the termination of appointments of 11 officers over exams malpractices. Speaking to Lantam Papanko on Starr Today, the Programs Officer for Africa Education Watch, Kwesi Nimo Jnr stated that the action by the …

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Emirates flight ban: GACL loses GH¢1.4 million in a week

Ghana Airports Company Limited (GACL) is bleeding due to the decision of one of its main clients, Emirates Airlines, to suspend flights between Accra and Dubai for health reasons. Aviation Ghana analysis of the taxes and airport charges at Ghana’s only international airport, Kotoka International Airport reveals that GACL, which …

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GCB Bank rebrands as GCB Bank PLC

GCB Bank Limited has issued a statement to officially inform the general public and stakeholders that its corporate name has been changed from GCB Bank Limited to GCB Bank PLC, as per a resolution passed by the shareholders of the Bank at its Annual General Meeting on 25 March 2021 …

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E-levy will ‘happen’ – Majority

Majority, Minority MPs fight over E-levy bill Parliament suspends sitting to allow for broader consultation on e-levy Parliament resumes January 25, 2022 The Majority caucus in Parliament has stated that the controversial electronic transaction levy otherwise known as E-levy will eventually be passed despite the strong opposition by their colleagues on the Minority side. …

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Akufo-Addo confirms 7 percent increase in salaries of public workers

Labour unions reject 4 percent increment in salaries Labour unions threaten to strike over the four percent increment 7 percent increment takes effect 2022 Ghana’s President, Nana Addo Dankwa Akufo-Addo, has confirmed the 7 percent salary increase to all public sector workers. This implies workers including the police, doctors, nurses, teachers, …

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SSNIT extends merger of NIA and SSNIT numbers to June 30

The Social Security and National Insurance Trust (SSNIT) has announced an extension of the deadline for the merger of SSNIT and National Identification (NIA) numbers for members of the scheme. Announcing the extension in a release dated January 5, 2021, the management of SSNIT said the deadline initially fixed for …

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Government extorting from travellers at KIA – Okudzeto Ablakwa

ECOWAS nationals pay $50 and non-ECOWAS nationals $150 Cost of COVID-19 testing has reduced worldwide – Ablakwa Current cost of Cost COVID-19 testing – MP North Tongue MP, Samuel Okudzeto Ablakwa, has accused the government of extorting monies from travellers entering Ghana through COVID-19 testing at Kotoka International Airport (KIA). According …

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BoG to auction $450m in first quarter of 2022

BoG aims to strengthen cedi’s local performance BoG to invite bidding on separate days BOG to publish auction calendar quarterly The Bank of Ghana has announced that it will auction $450 million in the first quarter of this year. According to the Central Bank, the move is expected to help strengthen the …

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How to spend your money in 2022

Take savings serious in 2022 – Financial expert Checking your expenses is the best way to gaining financial immunity Save at least 6 months of your income against rainy days To be able to achieve financial immunity against financial crisis, this year, financial expert, Richard Frimpong, says one should check …

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The 5 most important digital skills you will need in 2022

Digital transformation is changing the traditional workplace, forcing employees to deepen their technical skills. These skills, in addition to a growth mindset, can help you fill the skills gap and create more job opportunities for yourself. With rapid digitalization, technical skills such as digital skills and data analytics are becoming …

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Where to invest your money in 2022

Proper research needs to be done before investment -Experts Covid-19 disrupted investments, but good research helped investors Digitalization will boost economy next year As the new year, 2022 is upon us, many individuals are drawing budgets and making financial plans to guard their savings and resolutions this year. But Financial …

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From Jan.4, no vaccination, no entry begins – MOH Offices

Effective Tuesday, January 4, 2022, people who are not fully vaccinated will be denied entry into the offices of the Ministry of Health. The move forms part of measures being taken by the Ministry to curb the spread of Covid-19 following a spike in infections across the country. The directive …

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No coronavirus test until January 4 – Noguchi

The Noguchi Memorial Institute for Medical Research has announced that staff working at the COVID-19 walk-in testing centre would be on break from 1st to 3rd January 2022. In view of that, the research centre said there would be no COVID-19 walk-in testing at the Institute during the period. “COVID-19 testing for the …

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12 things to dare in 2022

“Man cannot discover new oceans unless he has the courage to lose sight of the shore.” ― Andre Gide There comes a time in our lives that we must step out of our comfort zones and prisons and get into new territories. We all have some areas that we need …

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Year in Review: Business personalities that died in 2021

In 2021, Ghana was hit by the death of some major players in the business world, with most of these deaths caused by the novel coronavirus. We take a look at some of them. Ghana’s Ambassador to Italy, Eudora Hilda Quartey Koranteng Eudora Hilda Quartey Koranteng, Ghana’s Ambassador to Italy, …

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All you need to know about the new Covid-19 variant Delmicron

It is a combination of Delta and Omicron variants Latest variant Omicron causing huge surge in COVID cases globally New strain responsible for the COVID tsunami in the United States and Europe Two years have passed since the first outbreak of Covid-19 and in the last 12 months, the disease …

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100K for Ghana constructing Kente Village for Kpetoe

100K for Ghana, a development initiative, is constructing a weaving centre for popular traditional cloth, Kente at Kpetoe in the Agortime-Ziope District of the Volta Region. Mr Enoch Antwi, CEO and President for 100K for Ghana, which had been advocating for the kente weaving at Kpetoe, said the centre when …

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Active Covid-19 cases in Ghana nears 10,000

The latest events in the last 24 hours reveal that Ghana’s covid-19 active cases is hitting the 10,000. The country since early December has seen its Covid-19 situation worsening by the day. This has largely been attributed to the Omicron variant infecting at lightning speed. From the latest update according …

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Legendary actor Forest Whitaker joins NBA Africa as a strategic investor

Academy Award-winning actor and social activist Forest Whitaker was recently announced as a strategic investor in NBA Africa. The 60-year-old joins other NBA Africa strategic investors including former NBA players Luol Deng (South Sudan) and Dikembe Mutombo (the Democratic Republic of the Congo). Former U.S. President Barack Obama was also …

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Menstruation: The untold stories of women in the formal sector

Hey there! Menstruation is a monthly shedding of the lining of a woman’s uterus (more commonly known as the womb).   This is an inevitable, uncompromising, non-negotiable natural situation exclusive to females. I write these adjectives with grim facial expressions. Women menstruate because it is an exclusive package embedded in …

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VRA made profit for the first time in 9years – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has said the Volta River Authority (VRA) made profit for the first time in nine years. He noted that stable electricity power has been provided under his administration. The President disclosed this on his Facebook page as part of the achievements of his government in …

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