BUSINESS

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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Menzgold Saga: EOCO arrest Payboy officials

Officials of a payment company that was appointed by Menzgold to negotiate settlement with its unpaid customers have been arrested. In a press release issued in Accra on Friday, the Economic and Organised Crime Office (EOCO) revealed that officials of the digital payment, marketing and promotions company were picked up because they lacked the …

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57 personnel on Tullow’s CSV Lancelot test positive for Covid-19

Fifty seven workers on Tullow Ghana’s contractor support vessel CSV Lancelot have test positive for Covid-19. In a statement copied to Joy News, the company said, “GHS has confirmed today, that 57 of the 200 personnel onboard the CSV Lancelot tested positive for Covid-19.” The statement added that all affected …

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Market Queens in Takoradi welcome shift system

Market Queens at the Takoradi Market Circle in the Sekondi-Takoradi Metropolitan Assembly (STMA) have welcomed the decision of the Assembly to introduce a shift system using coloured cards for traders as a means to stem the spread of the COVID-19 pandemic in the Metropolis. The market queens in the various markets were …

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