BUSINESS

Messi reports for Barcelona training

Barcelona’s all-time top scorer Lionel Messi has returned to training following his failed attempt to force a move away from the club. Messi, 33, submitted a transfer request on 25 August but said last Friday he would stay because it is “impossible” for any team to pay his release clause. …

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GUTA warns govt on Ghana-Nigeria Friendship Act proposal

President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng has raised concerns on the need for government to be circumspect with the proposed Friendship Act with Nigeria so Ghanaians are not disadvantaged. The GUTA boss is however, questioning the rationale behind Ghana relaxing its trade laws to …

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Cassava Processing Factory For Keta Begins

Mr Godwin Edudzi Yao Effah, the Municipal Chief Executive (MCE) for Keta, has cut the sod for the commencement of works on Cassava Processing Factory at Tsiame-Dorveme in the Municipality. The factory, which is a partnership between the Municipal Assembly and Hormeku Engineers and Planners (HoPE) Limited, is part of …

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Residents chase out their MP over failure to fulfill pre-election promises

Angry Mbeere South residents who are allegedly tired with their MP’s poor performance and non-implementation of his 2017 pre-election promises chased him after he showed up at one of the functions in the region unexpectedly. The lawmaker, Geoffrey King’ang’i, found himself between a rock and a hard place when irate …

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Don’t amend GIPC Act to favour Nigerian traders – GUTA to gov’t

The Ghana Union Traders Association (GUTA) has cautioned the government of Ghana against reviewing the Ghana Investment Promotion Centre (GIPC) Act in favour of Nigerians who are in the retail business meant for Ghanaians. President of GUTA, Dr Joseph Obeng, speaking to Class News, said: “We want to send a …

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Govt to borrow GH¢22.7bn within next 3 months – Finance Ministry

The government will borrow GH¢22.7 billion within the next three months, beginning this month. According to the Bank of Ghana’s issuance calendar, GH¢19 billion will, however, be used to settle principal and interest of existing loans. Another GH¢3.05 billion, which will be in fresh issuance, will be used to finance …

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Top Journalists, Politicians and Celebrities mocked over scammed UN awards

Some top personalities in the country have been subjected to mockery after a supposed United Nations awards they received over the weekend turned out to be fake. Personalities on the chopping Board include some of Ghana biggest politicians, celebrities, journalists and TV personalities. The supposed award from “UN” was an …

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Dr. Kwame Fordjour has been scamming people and companies for the past 25 years – Close friend

News emerging from social media has it that Dr. Kwame Owusu Fordjour who is the main organizer of the  2020 Global Leadership Service to Humanity Awards which saw public figures such as Sarkodie, D-Black, Berla Mundi, Chairman Wontumi, and many others being presented with award plaques for various awards linked …

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FULL TEXT: Nigeria urges Ghana to revisit law on US$1 million business capital

The Speaker of the House of Representatives for the Federal Republic of Nigeria, Femi Gbajabiamila has made some far-reaching proposals in a hope to bring an end to the current retail trade war between Nigerian traders doing business in Ghana and their Ghanaian counterparts. During a ‘Legislative Diplomacy’ bilateral meeting …

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Coca-Cola Ghana to lay off staff

The Coca-Cola Bottling Company of Ghana Limited has served notice of its intension to lay off workers due to challenges exacerbated by the COVID-19 pandemic. A memo to the staff dated 31 August 2020, said the Chief Labour Officer of the Ministry of Employment and Labour Relations has already been …

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