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BUSINESS

Football will never be the same – Messi

Lionel Messi thinks football “like life, will never be the same again” as a result of the coronavirus pandemic, as the Barcelona superstar prepares to return to the field with La Liga poised to restart. Covid-19 has killed hundreds of thousands of people around the world and caused the banning of mass gatherings in most …

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More troubles for Menzgold as Payboy terminates contract

Payboy Company Limited, the payment company that was recently appointed by Menzgold Ghana Limited to negotiate a settlement with its unpaid customers says it has terminated its agreement with the latter. The decision follows the arrest of officials of the company on Wednesday, May 27 in relation to its role as a third-party …

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BOST margin on fuel increased by 3 pesewas effective June 1

The National Petroleum Authority (NPA) has directed Oil Marketing Companies to review upward the Bulk Oil Storage and Transport (BOST) margin on petroleum products from three pesewas to six pesewas, effective June 1. This is in line with a decision taken by Cabinet and communicated to the National Petroleum Authority …

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Roger Federer becomes world’s highest paid athlete, says Forbes

Roger Federer is the first tennis player to top the annual Forbes list of the world’s highest paid athletes, overtaking footballer Lionel Messi. Federer, 38, moved up four places after earning £86.2m in the past year – about £81m of it in endorsements. Cristiano Ronaldo (£85m), Messi (£84m) and Neymar (£77.5m) come …

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Impending fuel price hike not the function of gov’t – COPEC

The Chamber of Petroleum Consumers Ghana (COPEC Ghana), has noted that government has no hands in the impending fuel price increment. Executive Director of COPEC, Duncan Amoah explained that the external factors that are beyond the control of government are to blame for the hike. Fuel prices are expected to …

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West Blue’s role in Ghana’s Ports reform journey revealed

West Blue Consulting, a world-class business and IT-consulting, and technology firm, has since its arrival in Ghana transformed the country’s port, making it easy for importers and exporters to do business, thereby increasing government’s revenue substantially. The company which supported Customs in taking over its core functions from the Destination …

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BoG’s GHS10 billion loan to GoG illegal – Jinapor

Former Deputy Minister of Energy under the erstwhile Mahama-led administration John Jinapor has said it is “illegal and a clear violation” of the Bank of Ghana (BOG) Act for the Central bank to lend GHS10 billion to Government. Minister for Finance, Ken Ofori-Atta on Friday, 29 May 2020 in a statement presented …

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Ghanaian attempts to ‘scam’ Cristiano Ronaldo

A Ghanaian attempted to scam Cristiano Ronaldo. A Ghanaian tried to grab the attention of Cristiano Ronaldo and possibly scam him when he went live on Facebook a few days ago. The Ghanaian recognized as Panji Daniel told Cristiano Ronaldo that he has built a statue for him, and he …

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Toyota Ghana unveils new Corolla and Agya cars

The Management of Toyota Ghana Limited has launched the 12th generation of the new Toyota Corolla vehicle, which comes with two variants, 1.8 litre and 1.6 litre engine in Accra. It also unveiled the New Toyota Agya with 1.0 litre engine. Mr Andrews Lamptey, the Head of Sales Operations at …

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Payboy ends contract with Menzgold over arrest of officials

Following the arrest of some of its officials on Wednesday, May 27, 2020, Payboy Company Limited says it has terminated its agreement with Menzgold to facilitate the payment of its customers. In a statement, the management of Payboy said “We have indicated to Menzgold Ghana Company Limited our decision to opt out of the …

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