BUSINESS

Ghana earned US$3.3 billion from ‘Year of Return’

Ghana earned US$3.3 billion from the Year of Return initiative, Tourism, Arts and Culture Minister Barbara Oteng-Gyasi has said. According to her, the earnings were proceeds from accommodation, food, shopping, local transport and entertainment. GHS6 million was, however, spent on promoting the Year of Return campaign in and out of …

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Grant Us 10 Billion Cedis Permission to Solve The Critical Financial And COVID-19 Changes – Finance Minister 

The minister for finance Ken Ofori-Atta has presented to Parliament a ten billion Ghana cedis paper on the limit of borrowing by government under subsection (6) of Section 30 of the Bank of Ghana Act (Act 612) in the Novel Coronavirus emergency.   The request to parliament was to allow the ministry …

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Cedi depreciation resumes against three major currencies – IGS data

The resurgence of demand on the trading market has led to the cyclical depreciation of the Ghana cedi against three major trading currencies on the interbank currency market, according to data released by the IGS Financial Services. According to the figures, the US dollar last week made a weekly gain …

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Real Madrid ‘offer four players’ in Pogba pursuit

Real Madrid has reportedly offered Manchester United their pick of four players in their pursuit of midfielder Paul Pogba. The French international has long been linked with a move to the Bernabeu, while former club Juventus have also been tipped to re-sign the 27-year-old. Like many clubs, Real have been …

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NPP and NDC Supporters in Bloody Clash, Many Injured [PHOTOS]

The incident occurred during the hearing of Defamation Suit against the NDC Parliamentary Candidate for the area Dr. James Kofi Annan by the Incumbent MP Hon Alexander Afenyo Markin after the Parliamentary candidate alleged that the MP has connived with the Police in Winneba to falsely implicate him a Ghc100,000 …

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Implement healthy food environment policies – Study

A study published this week in the Food Policy Journal, by a team of local and international researchers, has identified priority recommendations to support government policy action towards creating healthier food environments in Ghana. The top policy actions recommended for government action by the national expert panel include legislation to …

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Ghana’s public debt bigger than 59.3% of GDP -Seth Tekper

Ghana’s Public Debt cannot be 59.3% of Gross Domestic Product at the end of March 2020 unless the government of Ghana is keen to continue the controversial “parallel” fiscal reporting that it denies, former Finance Minister, Seth Tekper has said. According to him, since the 2019 Debt Report and the …

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Gov’t pays ECG, VRA, NEDCo GH¢343m first tranche of coronavirus electricity reliefs

Government has paid the first tranche of the COVID-19 electricity reliefs to the respective bodies – the Electricity Company of Ghana (ECG), the Northern Electricity Distribution Company (NEDCo) and the Volta River Authority (VRA). in full for the month of April. The total payment for the three bodies is GH¢343 million, Nana …

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Stop Bias Governance, Use Right People For Agric Ministry- Angry Farmer Jabs

Disappointed by the incessant failure of various governments to make farming attractive, the CEO of Aboboyaa Company Ltd and a farmer, Mr. Gideon Seidu aka Aboboyaa has heavily descended on the subsequent governments; NDC, NPP for being bias when it comes to Agriculture and farmers welfare in the country.   …

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TUC fights Trade Fair Company over ‘illegal’ mass layoffs

Leadership of the Public Services Workers’ Union, (PSWU) of the Trades Union Congress, (TUC) has locked horns with CEO for the Ghana Trade Fair Company, GTFC Dr Agnes Adu over what the Union terms “unconventional mass termination of appointments of some 23 staff of the Company. The workers have been …

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