BUSINESS

Kempinski Hotel Gold Coast City has dismissed reports of the massive lay off of workers amid major upheavals in businesses due to the coronavirus pandemic. Reports are rife that this is occurring largely because the luxurious hotel is struggling to keep business afloat in recent times. Finance Minister, Ken Ofori …

The National Petroleum Authority (NPA) has indicated it would not burden consumers with additional taxes especially not when some parts of the country are under a partial lockdown. This debunks media reports that the LPG Marketing Companies Association of Ghana (LPGMCs) are calling for the withdrawal of GHp 13.5 Cylinder …

Juventus star player, Cristiano Ronaldo will become the third sportsman in the world after golf star Tiger Woods and boxer Floyd Mayweather Jr to have earned $1bn during his career. Ronaldo has taken a pay cut of £3.45million, which, in line with the rest of his Juve team-mates, will help …

Ghanaian international Andre Dede Ayew has been Swansea City’s best player for the 2019/2020 English Championship after making the most goal contribution. The Black Stars captain first joined the Swans in 2015 after he earned a big move from French Ligue 1 side Olympic Marseille. At the end of his …

President Nana Akufo-Addo has directed the Minister for Finance and the Minister of Transport to work together to ensure the internationalization of the Aayalolo service which has been halted due to financial challenges. The Greater Accra Passenger Transport Executive (GAPTE) on Thursday said it had temporarily grounded its Aayalolo buses …

The World Bank is providing US$100 million to Ghana to assist the country in tackling the Coronavirus pandemic. The fund will be in the form of a short, medium and long-term support. In addition to the emergency facility, a US$65 million contingency emergency response component was triggered from the Greater Accra Resilient …

FIFA President Gianni Infantino has stressed that no football match is worth a life and health remains the top priority, but that football needs to take its own responsibility to ensure the sport “survives and moves forward” in his address to the 72nd Ordinary CONMEBOL Congress. “Football is not the most important thing, …

Founder and leader of the Alabaster International Ministries, Prophet Dr. Kofi Oduro has expressed disgust at the sheer insensitivity of telecommunication companies in Ghana in one of the nation’s most trying times as it battles COVID 19. He does not understand why the telcos has as at now, not expressed …

A portion of Calabar biggest shopping mall SPAR has collapsed, destroying several cars and customers feared trapped. According to reports, the SPAR Calabar Mall Advertorial Board collapsed while shoppers were still going in and out of the mall. It fell right ontop of some cars parked, destroying majority of them. See video below. Royal …

The African Energy Chamber analyses the most vulnerable African countries amid the Covid-19 pandemic and low oil price. Angola revises national budget and suspends CAPEX; Senegal’s first oil development faces debt arrangement challenges; Nigeria poised for a major revenue loss; Analysts predict Ghana will get half its projected revenue; Cameroon …