BUSINESS

‘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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Election 2020: Lucifer prophesies winner

Controversial speaker Kwaku Peprah popularly known as Quotation master or Lucifer says the current President, Nana Addo Dankwa Akufo-Addo will win the coming elections again. He said this in an interview with Happy FM’s Okatakyie Afrifa Mensah on Epa Hoa Daben on Happy FM when he stated: “Per my knowledge on numerical …

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Coronavirus: US cases reach record high amid new wave of infections

US coronavirus cases have hit a record daily high as states grapple with a renewed wave of infections. Citing data from local state health authorities, the Covid Tracking Project reported 83,010 new cases on Friday. US Surgeon General Jerome Adams has warned that hospital admission numbers are growing, but mortality …

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Ofori-Atta presents Q1 2021 budget Oct. 28

The Minister of Finance, Mr Ken Ofori-Atta, will, on Wednesday, 28 October 2020 present to Parliament an advanced budget covering government spending for the first quarter of 2021. This was disclosed by Majority Leader and Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, today, Friday, 23 October 2020, when he briefed Parliament …

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