BUSINESS

‘Ghana imports Guinea fowls from Denmark’ – Kwesi Pratt

Managing Editor of Insight Newspaper, Kwasi Pratt Jnr, has bemoaned the rate at which Ghana imports products that can easily be produced in Ghana. Speaking to the host of Atinka FM’s AM Drive Kaakyire Ofori Ayim, Kwesi Pratt Jnr revealed how disheartening it is to know that Ghana is the third largest …

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PHOTOS: Fire guts Juaso SHTS

Fire ravaged property of the Juaso Senior High Technical School (SHTS) on Sunday evening. The blaze, which started at around 6:50pm, destroyed the security post and a students’ bookstore. Juaso SHTS after fire incident No casualty has been recorded as students were in class or prep when the unfortunate incident …

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Uganda’s education sector to recover from Covid impact after 2030

Uganda’s education sector will fully recover from COVID-19 impact and aftereffects after 2030, according to Makerere University-based thinktank, Economic Policy Research Center (EPRC). In the research in which experts analyzed levels of key education advancement indicators such as enrollment, transitioning, and quality of education in the years preceding 2020 when the pandemic …

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SSNIT merges 1.9 million scheme holders to Ghana Card

The Social Security and National Insurance Scheme (SSNIT) has merged the identity of a total of more than 1.9 million beneficiaries to the National Identification Card (Ghana Card), Mr. Joseph Poku, the Chief Actuary at SSNIT, has disclosed. Mr. Poku said the merger was done between June 28, 2021, to …

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Mining, finance, tech dominate local stock market

Stocks from three sectors – Mining, Finance and Technology – accounted for 94.5 percent of the market capitalisation of the Ghana Stock Exchange (GSE) at the close of the first half of the year, analysis by the B&FT has shown. Market capitalisation measures the total cedi market value of outstanding …

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Fuel prices shoot up 287% in 5 years – IES

Pump prices of fuel have shot up 288 percent since January 2017 to date, according to data from the energy think-tank Institute of Energy Security (IES). In January 2017, a litre of petrol and diesel sold at GH¢3.65 and GH¢3.63 respectively, but now sells at GH¢11.32 and GH¢14.05 respectively, with …

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Ghana Export Promotion Authority to step up campaign for Ghanaian chocolates

Ghana Export Promotion Authority (GEPA) is to step up the promotion of Ghanaian Chocolates in a move to harness the untapped potential of the industry. GEPA has identified chocolates and the entire processed cocoa value chain as one of the priority products in the National Export Development Strategy (NEDS). Dr …

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Ghana’s bullet train coming: Engineer Mensah

Acclaimed Ghanaian technologist and chemistry engineer, Dr Charles Owusu Mensah, has assured Ghanaians that the much-talked bullet trains are coming on board to boost the country’s economy. According to him, it will be a seamlessly integrated system that will help movement around the country. In his view, it is the …

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No transport fare increases for now – GPRTU, GRTCC

An attempt by some driver unions to maliciously increase public transport fares without the consent of the main union, GPRTU, and the Ghana Road Transport Coordinating Council (GRTCC), who per the administrative arrangement, have the mandate to negotiate public transport fares on behalf of all driver unions, has hit a …

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COVID-19, Russia-Ukraine war affecting Ghana’s economy – IMF delegation head

Carlo Sdralevich, leader of the IMF negotiation team in Ghana, has reaffirmed the government’s narrative that Ghana’s economic hardship is partly a result of the ongoing Ukraine-Russia war as well as the COVID-19 pandemic. Sdralevich, after meeting the various stakeholders in the country concluded that Ghana’s fiscal and debt situation has severely …

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