Author: Nerteley Nettey
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Stanbic Bank supports COVID-19 fight with test kits donation to GHS
As part of its ‘All for One’ campaign, Stanbic Bank Ghana has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is the second round of test…
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Ex-staff of GCNeT hint of industrial action over non-payment of exit packages
Ex-staff of the Ghana Community Network Services Limited, GCNeT, have warned of an industrial action if management fails to pay them their exit packages as ordered by the Arbitration Panel appointed by the National Labour Commission (NLC). Their call comes after a three-member Arbitration Panel appointed by the National Labour Commission under Labour Act 651…
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BoG likely to maintain policy rate to protect businesses – Alhassan Andani
Ahead of the commencement of the 96th regular meeting of the Monetary Policy Committee of the Bank of Ghana today, September 22, 2020, the President of the Ghana Association of Bankers, Alhassan Andani says he does not foresee an increase in the policy rate anytime soon. The policy rate determines the rate at which the…
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Monetary Policy Committee to begin 3-day meeting to assess economy today
The Monetary Policy Committee of the Bank of Ghana is scheduled to begin its regular meetings from today, Tuesday, September 22, 2020, through to Friday, 25th September 2020. The 96th meeting of the Monetary Policy Committee is to review developments in the economy and take the necessary steps to ensure financial and economic stability. A…
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Local cashew farmers urged to venture into cashew apple processing
The Competitive Cashew Initiative (COMCASHEW) has called on local cashew processors in Ghana to venture into the processing of cashew apple which has a lot of potential. According to COMCASHEW, the venture has not been explored enough. Speaking to Citi Business News on the sidelines of the third session of the Master Training Programme, Mrs.…
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16 airlines commence full operations after reopening of KIA – Akufo-Addo
16 out of the 23 airlines that operated at the Kotoka International Airport (KIA) prior to its closure during the outbreak of COVID-19 have begun operations after the re-opening of the airport on September 1, 2020. This was disclosed by President Akufo-Addo on Sunday, September 20, 2020, during his 17th address to the nation on…
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MTN modifies tariffs to reflect reduction in CST, gives 5% bonus on all recharges
MTN Ghana has announced an adjustment to its tariffs following the passage of the Communication Services Tax, CST, (amendment) Act 2020 (Act 1025) also known as ‘Talk Tax’, to reflect the reduction in the CST. This follows government’s announcement of a reduction in the CST, from nine percent to five percent as part of efforts…
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Don’t recruit young graduates to top positions – Organised Labour to GRA
Organised’s Labour is calling on the Ghana Revenue Authority (GRA) to desist from recruiting young graduates to the position of Chief Revenue Officers (CROs) and Assistant Commissioners (ACs) of the Authority. According to them, most of the young graduates lack the qualification requirements and years of experience required for one to merit such ranks in…
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Nigeria counts on gas to ease pangs of fuel subsidy cuts
Nigeria is counting on gas-powered vehicles to help it reduce reliance on gasoline and improve its climate credentials while easing the pangs of ending decades of an expensive fuel-subsidy regime. Energy prices have shot up sharply after the government ended subsidies and the country’s labor unions are threatening a general strike on Sept. 28. After…
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SMEs urged to harness power of digitization to create value and stay relevant
The Innovation and Partnerships Manager at Wineloya Digital, Mr. Simon Alangde has reiterated calls for small and medium scale enterprises (SMEs) to harness the power of digitization in order to stay relevant and create more value using digital channels. According to him, though digital technologies have the potential to boost SMEs productivity and growth, SMEs…