BUSINESS

Imagine making just under $1,00,000 every time you post on Instagram. Portuguese superstar Cristiano Ronaldo is in a world on his own when it comes to Instagram stars making the big bucks. Ronaldo pockets an amount of $975,000 anytime he makes a post on the social media site. The player has made 2,789 posts …

The G20 countries have suspended debt payment for the world’s poorest countries, most of which are in sub-Saharan Africa, to help them get through the economic impact of the coronavirus pandemic. Finance ministers and central bank governors of the world’s largest economies agreed to freeze loan repayments until the end …

The International Monetary Fund said on Thursday that five wealthy countries pledged to provide $11.7 billion to an IMF loan and grant facility for poor countries, as the Fund’s steering committee vowed to review the adequacy of resources needed to fight the coronavirus pandemic. IMF Managing Director Kristalina Georgieva said …

Television broadcaster Paul Adom-Otchere says Dr Zanetor Agyeman-Rawlings, the Klottey-Korley legislator, should “stop misbehaving”. According to him, Dr Zanetor Agyeman-Rawlings, should have called the minister in charge of Gender and Social Protection, Cynthia Mamle Morrison, before waging into unsubstantiated allegations over the distribution of food to Kayayei within her constituency. “Let it …

The International Monetary Fund, IMF has projected that Ghana will not go into an economic recession later this year due to Covid-19 pandemic. Some developmental partners of Ghana including the World Bank have warned that the country could go into an economic recession due to the Covid-19 outbreak. IMF Country …

The Institute of Energy Securities (IES) is forecasting prices of fuel on the local market remaining largely stable. However, it anticipates that competition between Oil Marketing Companies (OMCs) to control and gain more market shares may culminate in fuel falling marginally within the second Pricing window of April 2020 This …

Irate students of the Ghana Institute of Journalism (GIJ) have kicked against online examination being introduced by the management of the institute. Authorities at GIJ on Wednesday, April 15, issued guidelines informing students of the online examinations scheduled for May 25. Similar directives were also issued by the University of …

The year-on year inflation was unchanged at 7.8 percent in March, the Ghana Statistical Service said on Wednesday. Announcing the rate via facebook, Government Statistician, Professor Samuel Kobina Annim said March’s rate continued the trend of stable inflation of about 8 percent recorded over the past seven months. Food and …

Didier Drogba has allowed his hospital in Ivory Coast to be used as a coronavirus treatment centre. The generous offer from the Chelsea legend comes amid fears the pandemic could have devastating effects on Africa. In the Ivory Coast there have been 574 people who have tested positive for the virus, with …

Minister for Finance Ken Ofori-Atta says the IMF’s disbursement of $1 billion which is to be drawn under the Rapid Credit Facility (RCF) will be accessed from April 18, 2020. According to Ken Ofori-Atta, all paper works will be concluded this week and hopefully by the weekend government will begin …