BUSINESS

June recorded 11.2% inflation

The national year-on-year inflation rate was 11.2% in June 2020, which is 0.1 percentage points lower than last month, the Ghana Statistical Service (GSS), has announced. Month-on-month inflation between May 2020 and June 2020 was 1%. This is lower than the 1.7% recorded between April and May and 3.2% between …

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The Workplace Wellness Series with Yussif Salford

He has proven to be at the forefront of restoring confidence back to the workplace during this difficult COVID- 19 Pandemic era through the workplace wellness program.   Some companies in Ghana have hugely benefitted from this program with incredible remarks.   Mr. Yussif with his 20 years of experience …

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Six-year Treasury bonds issuance opens today

Government will today start the process for the issuance of six-year treasury bonds with the opening of the book-build. This follows the release of initial pricing guidance for the bond issuance through the Ghana Stock Exchange. According to an announcement made by the Bank of Ghana on Tuesday, July 14, …

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You’re selling KIA per the terms in the proposal – PSWU to Gov’t

Per the terms and conditions in the proposed strategic partnership agreement between the Ghana Airport Company Limited (GACL) and TAM-SUMMA Consortium, a Turkish company, concerning the management of the Kotoka International Airport, it can be stated that the KIA is being sold, the Deputy General Secretary of the Public Services …

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Accra Sky Train Project remains on course – Ministry of Railways

The Ministry of Railways Development, Ghana and its South African counterparts, remain strongly committed to the Accra Sky Train Project. Contrary to media reports suggesting that the project is a fiasco, both the Ministry of Railways Development and the Government of Ghana on one hand, and the South African Investors, …

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Boy, 12 arrested over racist messages sent to Zaha

A 12-year-old boy has been arrested by police investigating racist messages sent to Crystal Palace forward Wilfried Zaha on social media. Zaha revealed he had received several abusive messages on social media before Sunday’s trip to Aston Villa, a game they lost 2-0. His manager Roy Hodgson called the abuse “cowardly and …

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Financial institutions falling victim to a new fraud method – BoG

The Bank of Ghana (BoG) has served notice that a number of financial institutions are falling victim of a new method being adopted by fraudsters to dupe banks and other financial institutions.. The central bank said it therefore raising awareness among the institutions and Ghanaians in general in order to prevent the …

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Ghana Internet Governance Forum slated for July 17

The Ghana Domain Name Registry and the Internet Society Ghana Chapter will hold the Ghana Internet Governance Forum (Ghana IGF) on July 17, under the auspices of the Ministry of Communications. A statement issued by the Society, copied to the Ghana News Agency in Accra on Friday, said the Forum …

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‘Bui Generating Station has significantly transformed our lives’ – Beneficiaries

The Bui Generating Station, manned by the Bui Power Authority (BPA), has significantly transformed the lives of inhabitants in Bui and surrounding communities, beneficiaries say. The Authority through its “Livelihood Enhancement Programme”, has provided educational, health and economic and livelihood empowerment support to 816 persons under its obligation. The communities …

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15% increase in transport fares takes effect today

Effective today, Saturday, 11 July 2020, commuters will be paying 15% more in transport fares following approval by the government for commercial transport operators to hike fares. A deputy Transport Minister, Nii Kwartei Titus Glover had told Citi News that the decision was taken after a meeting with transport operators on Tuesday, July 7, …

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