BUSINESS

Ghana’s total cement sales decline by 3.9%

The total cement sales as measured by the volume of the product decreased by 3.9% during the first quarter of 2020. The volume of cement sales during first quarter of this year amounted to 814,979.29 tonnes as compared to 848,258.76 tonnes sold during 4th quarter of 2019. Year on year, …

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Pogba tests positive for coronavirus

Manchester United midfielder Paul Pogba has tested positive for coronavirus, says France manager Didier Deschamps. The 27-year-old will have to self-isolate for 14 days. He will miss France’s Nations League game in Sweden on Saturday, 5 September and the home game against Croatia three days later. However, Pogba could be …

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FULL TEXT: Second Deputy BoG Governor speaks on Corporate Insolvency and Restructuring Act

Members of the Governing Council and Executives of GARIA Distinguished GARIA Members, Distinguished Resource Persons Invited Guests, Ladies and Gentlemen Good morning. I bring you warm greetings and felicitations from Governor Ernest Addison and the entire management team of the Bank of Ghana. I am truly humbled to have been called upon to …

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Akufo-Addo’s globally acclaimed response to coronavirus yielding results – BoG

The measures put in place to deal with the ravages of the corona virus pandemic on the Ghanaian economy by President Akufo-Addo are beginning to yield results, Dr Ernest Addison, Governor of Bank of Ghana has said. He said this when President Akufo-Addo paid a working visit to the central bank …

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Drivers kick against legalising Okada, say Mahama not law-abiding

Ghana Committed Drivers Association (GCDA) has kicked against former President John Mahama’s promise to legalise Okada business (use of motorcycle for commercial purposes) should he be elected president again in the December 7 elections. According to the drivers, okada business is in contravention of The Road Traffic Regulations, 2012 (LI …

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3 cold stores closed down for selling unwholesome meat in Ashanti Region

A task force in the Kumasi metropolis of the Ashanti Region has closed down three cold stores at the Asafo market for selling frozen meat suspected to be unwholesome to the public. The taskforce, which included officials from the Food and Drugs Authority (FDA), Environmental Health Officers and Veterinary Officers, …

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Finance Ministry invites CSOs, FBOs to submit inputs into 2021-2024 budget

Civil society organizations (CSOs), faith-based organizations (FBOs), social partners and the general public have been asked by the Ministry of Finance (MoF) to submit their inputs into the preparations of the budget statement for 2021-2024. According to the Ministry, the 2021-2024 Budget Statement and Economic Policy preparations have started and …

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‘Wild rice’ invasion causes anxiety in farmers

Some rice farmers in Gbdembilisi in the Builsa South district of the Upper East Region have expressed fear of a low yield following the invasion of their farms by strange weeds, identified by agriculture officers as “wild rice”. The infestation of the “wild rice”, according to the Builsa South district …

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Lionel Messi hands in Barcelona transfer request

Legendary Barcelona forward Lionel Messi has asked to leave this summer. The Argentina international, 33, sent a fax to the club on Tuesday saying he wishes to exercise a clause in his contract, allowing him to leave for free with immediate effect. Barca were beaten 8-2 by Bayern Munich in the Champions …

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Banks collapse: All customers paid – BoG Governor

The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that all customers of the nine (9) failed banks, and over ninety five percent (95%) of customers of Specialised Deposit-taking Institutions (SDIs), which were affected by the banking sector clean-up have received their deposits. According to Dr. Addison, …

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