Author: Lawrence Segbefia
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Puma Energy’s 5 tips on staying alive during the Covid-19 Pandemic
As part of efforts aimed at educating the general public on the best ways to stay safe and prevent the spread of the dreaded Covid-19 pandemic, Puma Energy, a leader in Ghana’s Oil Marketing industry has compiled five top tips on how best Ghanaians could stay clear of the virus and avoid infection. These tips,…
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50% of American businesses in Ghana severely hit by COVID-19 fight
Despite the negative impact of COVID-19 on businesses in Ghana, the American Chamber of Commerce-Ghana(AmCham), has urged its members to continue providing financial, logistical and technological support to the government to help fight the pandemic. A survey conducted by the Chamber in March shows that 50 percent of American businesses operating in Ghana have been…
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Ghana can take advantage of COVID-19 to boost local production – KPMG
A new report by auditing firm, KPMG, analyzing the economic impact of COVID-19 on Ghana, has highlighted some positive measures necessary to reduce the financial burden on the economy. Already, the Minister of Finance, Ken Ofori-Atta has stated that the fight could cost Ghana about 9.5 billion cedis, pushing the country’s budget deficit to about…
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No price drop expected yet for cocoa farmers due to COVID-19 – COCOBOD
The Ghana COCOBOD has downplayed suggestions that the producer price of cocoa may fall due to the outbreak of COVID-19 pandemic. COCOBOD in 2019 increased the producer price of the beans from GH¢7,640 to GH¢8,240 per tonne. With the global fight against COVID-19, most international trading commodities have seen plummeting prices with cocoa also being…
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COVID-19 won’t affect preparations for syndicated loan – COCOBOD assures
The Ghana COCOBOD says it is still going ahead with processes towards the signing of this year’s syndicated loan scheduled for August. According to the regulator of Ghana’s cocoa sub-sector, it is engaging all relevant stakeholders such as banks and traders through audiovisual conference calls to keep the process on track. COCOBOD normally starts the…
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IPPs call for removal of ‘unnecessary’ taxes on electricity tariffs
Independent Power Producers (IPPs) in the country have called on government to review taxes and levies imposed on electricity to bring some relief to consumers. According to the IPPs, the numerous levies slapped on electricity tariffs in Ghana has made the industry uncompetitive, over-burdening industry and households. In a statement sighted by Citi Business News,…
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Wilmar Africa supports COVID-19 fight in cash and kind worth 1 million cedis
Wilmar Africa Ltd has presented cash and products worth GHs 1,000,000 to support government’s efforts to check the spread of COVID-19 and also alleviate the plight of the less privileged families in society. The donation comprises a GHs 100,000 cheque to the Covid-19 Trust Fund, and GHs 900,000 worth of products ; namely Viking Rice,…
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Hasman Tech. Services Ltd. donates GHS100,000 to Noguchi to aid COVID-19 fight
Hasman Technical Services Limited, a Ghanaian-owned company providing world class technical services to the power generation and oil and gas sectors has presented a cheque for One Hundred Thousand Cedis (GHS1,00,000) to the Noguchi Memorial Institute for Medical Research. The donation is to support the institute to enhance its testing activities to boost Ghana’s fight…
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GSS, Vodafone and Flowminder acquire data on movement of people during COVID-19 lockdown
The Ghana Statistical Service, (GSS) Vodafone Ghana, and the Flowminder Foundation, are using innovative data science techniques to support the government’s response against COVID-19. The long-standing Data For Good partnership by the three organizations, has enabled the production of rapid mobility estimates using anonymised and aggregated mobile phone data to support the government’s interventions against…
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COPEC demands official withdrawal of new ‘levy’ slapped on LPG by NPA
The Chamber of Petroleum Consumers, COPEC, is demanding an official publication from the National Petroleum Authority, NPA, notifying Ghanaians of a withdrawal of some levies it placed on Liquefied Petroleum Gas, LPG. According to COPEC, the NPA on Tuesday directed Oil Marketing Companies to start charging 13.5 pesewas on every kilogram of LPG from the…