BUSINESS

Wenger reveals why Mourinho doesn’t feature in his book

The iconic former Arsenal boss revealed that his long-time rival didn’t make the cut purely because he is still in a job Arsene Wenger has explained that the reason he made no mention of long-time rival Jose Mourinho in his autobiography is because the Tottenham manager is still working, citing the same …

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Wontumi reported to police over comments about Mahama’s daughter

Ashanti Regional Chairman of the New Patriotic Party (NPP) Bernard Antwi Boasiako alias Chairman Wontumi has been reported to the Ashanti Regional Police Command over recent comments about the daughter of former President John Dramani Mahama. Ashanti Regional Secretary of the National Democratic Congress (NDC) Kwame Zu who officially lodged …

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Ghana attracts US$785.62m in FDI commitments in 1st half of 2020

Despite the inevitable dampening effects of COVID-19 on Foreign direct investment commitments worldwide, Ghana was able to achieve a partial recovery during the first half of 2020, from the dismal performance during the corresponding period of 20I9. The reasons for the very bad performance for the first half of 2019, …

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‘My mistakes corrected’ – Mahama

Former President John Dramani Mahama has said he has corrected the mistakes that led to the defeat of the National Democratic Congress (NDC) in the 2016 elections. He revealed in an interview with TV3’s Komla Kluste that he could have done better in terms of the connection with the masses when he was the …

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Watch how Konadu Agyeman Rawlings ‘killed’ the ‘kete’ dance at her in-law’s funeral

Former First Lady Mrs. Konadu Agyeman Rawlings did not slack at her in-laws funeral as she was captured vigorously displaying ‘kete’ dance moves at the forecourt of the State House in Accra on October 24, 2020. The wife of the former president, proved to be a true daughter of the …

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At least six children killed in Cameroon school gun attack

At least six children were killed when gunmen raided a school in Koumba, southwest Cameroon on Saturday. Fransisca International Bi-lingual Academy was the victim of the attack. TV pictures showed a blood-stained floor in a room littered with classroom furniture. An eyewitness, a student at the school, told Africanews that …

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‘Be careful’ – IMF warns Ghana, other Sub-Saharan African countries over debts

Regarding public debt and fiscal policy in Sub-Sahara Africa, the International Monetary Fund (IMF) has noted that given the unprecedented scale of the coronavirus crisis, an ideal policy mix should include a strong role for fiscal stimulus to support aggregate demand. However, the Bretton Woods institution said, sub-Saharan African countries …

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September producer inflation increases to 9.6 percent

Ghana’s Producer Price Index (PPI) for September 2020 has increased to 9.6 percent from 9.0 recorded in the previous month, the Ghana Statistical Service has said. This, according to the Service represented a 0. 6 percentage points increase in producer inflation relative to the rate recorded in August this year. …

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Stock market rebounds on the back of GCB

Market Summary The benchmark index gained 3.80 points (+0.21%) on the back of GCB Bank (+4.05%) to close today’s session at 1,842.85 with a -18.36% year-to-date return while the market capitalization was up 0.07% to close at GH¢53.73 billion. Consequently, the GSE Financial Index closed 6.90 points (+0.42%) higher at …

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Ghana ditches Ethiopia and welcomes Egypt for national airline

Egyptian flag carrier EgyptAir has signed a memorandum of understanding with Ghana’s government to establish a Ghanaian national aviation company with investments from both countries. The MoU aims to enable the Ghanaian side to benefit from EgyptAir’s vast experience, as Africa’s oldest air carrier that provides its services to more …

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