Author: Ellen Dapaah
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Public Sector Pensions group suspends intended strike after agreement with gov’t
The Forum for Public Sector Registered Pensions Schemes, has called off its intended strike which was scheduled for Wednesday, October 28. The industrial action formed part of their demands for an increment in pension benefits for its members. The decision was reached after government and the Forum entered into terms of settlement at the National…
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High interest rates collapsing indigenous businesses – Togbe Afede XIV
The President of the National House of Chiefs, Togbe Afede XIV, is blaming the collapse of indigenous companies on Ghana’s interest rates which have over the years, remained very high. According to him, the high rates prevent Ghanaian companies from borrowing from the banks, which means they are not able to invest in their business…
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Cyber security: Stakeholders demand Ghanaians’ inclusiveness to protect industry
Stakeholders in the cyber industry are urging Ghanaians to play their role in regulating the space. According to them, this would help to improve security in the industry. Reports by the Criminal Investigations Department of the Ghana Police Service indicates that the country lost more than US$200 million between 2016 and 2018 on reported cyber-crime…
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GISPA saving Ghana internet traffic worth $600,000 every month
The President of the Ghana Internet Services Providers Association (GISPA), Richard Densu, has stated that his outfit, through the Ghana Internet Exchange, is saving the country more than 90Gbps of traffic. This, he said, translates to a saving of about US$600,000 monthly. He made this known in his welcome address at the Ghana Internet Conference…
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Chamber of Commerce calls for intensified collaboration to tackle cedi depreciation
The Ghana National Chamber of Commerce and Industry (GNCCI) has tasked the government to deepen its collaboration with the private sector to address the continuous depreciation of the cedi. Inflation moderated from 9.8 percent in December 2018 to 7.9 percent in 2019 mainly due to a decline in non-food inflation and rebasing of the inflation…
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Producer Price Inflation increases marginally for September
The Producer Price Inflation (PPI) for September 2020, saw an increase compared to the same period last month. The PPI increased by 0.6 percentage points, recording 9.6 percent, compared to the 9.0 percent it recorded same time in August. This means the year-on-year PPI, thus between September 2019 and September2020, increased by 9.6 percent. The…
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Group to strike on Oct. 28 over meagre lumpsum benefits for retirees
The Forum for Public Sector Registered Pension Schemes, has intensified its advocacy for an appropriate retirement package for pensioners under the Social Security and National Insurance Trust (SSNIT). It has for the second time, scheduled a strike over demands of an increment in pension benefits for its members. According to the group, current retirees are…
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GITC advocates for anti-dumping duty on imported aluminium products
The Ghana International Trade Commission (GITC) has intensified its efforts in curbing all unfair arrangements working against local trade industries involved in the importation of goods. Aluworks Ghana Limited, which is the sole manufacturer of aluminum products in Ghana, is almost collapsing due to unfair practices such as the sale of imported aluminum coils and…
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Address our salary concerns, other issues in 48 hours – Tanker drivers to Akufo-Addo
The Ghana National Tanker Drivers Union has issued a 48-hour ultimatum to President Nana Akufo-Addo to address issues affecting their members or face their wrath. The tanker drivers, among other things, say they are compelled to take low salaries and endure harassment from police officers at various checkpoints in the country. They also accused the…
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Traders lament continuous rise in food prices contrary to earlier predictions
In the month of September, there were significant price increments for some commodities nationwide. The price of tomatoes, for instance, increased by 5.35 percent to close trading at GH¢348.17 per crate. This was followed by gari with a 3.78 percent increment to close at GH¢231.75 per 68kg. Commodities that made losses included yam, which decreased…