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BUSINESS

Biden to sign 10 executive orders to tackle Covid

President Joe Biden is set to sign 10 executive orders to boost the fight against Covid which has ravaged the US. Vaccination will be accelerated and testing increased. Emergency legislation will be used to increase production of essentials like masks. In a break with former President Donald Trump, the policy …

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December 2020 PPI records 7%

The Producer Price Inflation (PPI) rate for December 2020 was 7 percent, the Ghana Statistical Service (GSS) has said on Wednesday, January 20, 2021. This rate, according to the GSS, indicates that between December 2019 and December 2020 (year-on-year), the PPI increased by 7.0 percent. This rate represents a 1.1 …

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Ghana’s petroleum sector recorded -4% PPI in December 2020

Ghana’s Petroleum sector recorded -4% producer inflation in December last year, the Ghana Statistical Service (GSS) has announced on Wednesday, January 20, 2021. The GSS explained that “The producer inflation rate in the petroleum sub-sector was 8.2 percent in December 2019. “The rate increased to record 20.6 percent in January …

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Baby-selling syndicate busted in Accra

The Economic and Organised Crimes Office (EOCO) in a joint operation with the Medical and Dental Council(MDC) Ghana have arrested 8 health professionals over baby harvesting and trafficking in Accra. The two organizations have been undertaking a joint investigation over a period of time following a tip-off from a taxi …

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Traders demand quick completion of Krofrom market

Residents at Krofrom in the Kumasi Metropolitan Assembly (KMA) are living in fear as they complain of continuous invasion of thieves and criminals at the abandoned Krofrom market. Abandoned and dejected for over 14 years, the Krofrom market was supposed to serve as a peripheral facility to reduce congestion at …

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Govt rejects plans by British Airways to move Ghana services from Heathrow to Gatwick Airport

The Government of Ghana says it has rejected plans by airline operator, British Airways, to change its London-Accra-London flight origination and termination point. The Ministry of Aviation in a statement said it had received notification from the management of British Airways that the airline had decided to operate its British …

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No masks, no entry – GPRTU tells passengers

The Neoplan branch of the Ghana Private Road Transport Union (GPRTU) has warned passengers against venturing into their bus terminal without nose masks. According to the union, anyone who attempts to board their buses without nose masks will not be allowed to do so as the positive cases of the COVID-19 pandemic …

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Ghana plans to issue US$3.9 billion in bonds in first quarter

Ghana plans to issue GH¢22.3 billion cedis (US$3.9 billion) worth of bonds in the first quarter according to the finance ministry’s issuance calendar seen on Monday. It said GH¢19.7 billion cedis would be used to roll over maturing bonds, while 2.6 billion is fresh issuance to meet the government’s financing …

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Ahafo Region Is Ready For Investors – Development Chief

Nana Yaw Badu Duku Kaakyire,  a renowned international Media personality who also serves as the Nkosuohene of Goaso Traditional Council under the auspices of Nana Kwasi Bosompra, the paramount chief.   He made this statement in an interview with Francis Agyapong Nimpong at Goaso, the Ahafo  Regional capital.   Nana …

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African free trade agreement looks easy but complicated – French Ambassador to Ghana

The French Ambassador to Ghana, Anne Sophie Ave has said the African Continental Free Trade Area (AfCFTA) which came into full force on January 1, 2021, will take more time to settle down as the regional integration policy in her view could be more complicated than estimated. AfCFTA seeks to …

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