BUSINESS

Real Madrid manager Zinedine Zidane said he is “not going to resign” after defeat by Shakhtar Donetsk left his side’s hopes of reaching the Champions League last 16 in the balance. The 13-time European champions are third in Group B, with all four sides still able to qualify in next …

President Nana Addo Dankwa Akufo-Addo on Tuesday, 1 December 2020, launched a pension scheme for the country’s 1.5 million cocoa farmers. According to President Akufo-Addo, “the pension scheme will enable cocoa farmers to make voluntary contributions towards their retirement, while COCOBOD makes a supplementary contribution on behalf of the farmers …

The staff of Ghana Grid Company Limited (GRIDCo) have resolved to go on a sit-down strike today, Wednesday, 2 December 2020. As part of their strike, they have hoisted red flags in their various offices. They will also ignore all emergencies. The workers say they are not happy that their …

Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolate maker of trying to avoid paying a cocoa premium aimed at combating farmer poverty. In a letter addressed to Hershey and seen by Reuters, the Ivorian and Ghanaian cocoa regulators …

Kristalina Georgieva, the International Monetary Fund (IMF) Managing Director, has said in her opening remarks during a forum on ‘New Policy Frameworks for a Lower-for-Longer World’ last week that while new frameworks and tools may speed economic recovery, additional monetary stimulus may pose important risks to financial stability. She said …

The ground has been broken at Jasikan in the Oti Region for the construction of an agro-vocational factory and a skills training centre to empower womenfolk for self-reliance. It is an initiative of the Oti Region Queenmothers’ Association with financial support from the Rawlingses. Mrs. Nana Konadu Agyeman Rawlings, a former …

Following a fire outbreak on Saturday November 28, 2020, the GCB Bank Limited has announced shut down of its Kantamanto branch, in the Liberty House Building complex, Accra Central. According to the management, “For safety precautions, the Bank has accordingly closed down the Liberty Branch to allow for thorough assessment. …

Premier League clubs are being directed to observe a minute of silence to honour football legend Diego Armando Maradona who passed on Wednesday, November 25, 2020. This is a directive from world football governing body, FIFA. Diego Maradona, who has died aged 60, succumbed to heart failure. Regarded as one …

Three workers hired to help with the funeral and burial of Diego Maradona have been condemned for taking photos next to his open coffin. A funeral parlour took on the three to help prepare the coffin of the football icon, who died on Wednesday aged 60. In two pictures, the …

An American businessman and Managing Director of Alafei Foods Company Limited, Claude D Convisser, has alleged that between eight to ten government officials are demanding bribes from him. According to him, many businesses in Ghana do not survive for a long term because they spend huge sums of money to …