Author: Nerteley Nettey
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Reduce fares in response to eased transport sector restrictions – COPEC
The Chamber of Petroleum Consumers (COPEC), is calling on stakeholders within the transport sector to immediately reduce transport fares. The call comes hours after President Akufo-Addo in his 14th address to the nation on Sunday, 26th July, 2020, on measures taken by government to ease COVID-19 restrictions, said commercial vehicles can now take full capacity.…
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Side hustle or full-time business: Pros and Cons
Do you dream of giving up your job and being your own boss? Making the jump from employee to entrepreneur and business owner can prove daunting, as well as rewarding. Some people find getting a ‘happy balance’ by remaining in employment but embarking on a side hustle. As a result, they run their own business…
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COVID-19: Setting up of Unemployment Insurance Scheme commendable – Economist
A Senior Economics Lecturer at the University of Ghana, Dr. Priscilla Twumasi Baffour, has commended government for the introduction of a financial relief programme for persons who have lost their jobs as a result of the Coronavirus pandemic. Known as the National Unemployment Insurance Scheme, the temporary initiative will ensure payment of monies to workers…
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Africa must reposition itself to gain immensely from the global financial market – Lennis Glover
Forex Analyst and Director at the Forex Training Academy, Lennis Glover, has stated that if Africa truly wants to become an economic powerhouse of the future, it needs to get serious about reforming its financial markets. According to him, the current pace of globalization gives no choice to developing countries as they must put in…
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IPPs to be paid after renegotiation of excess capacity charges – Adu Boahen
A Deputy Minister of Finance, Charles Adu Boahen, says plans are in place to pay arrears owed Independent Power Producers, IPPs in the country. The assurance comes after the Chamber of Independent Power Producers and Bulk Consumers expressed disappointment over government’s silence on the debt of about USD$1.4 billion owed them in yesterday’s Mid-year budget…
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HUAWEI nova 7i with long lasting battery, the ideal companion for gaming enthusiasts
There are some common things mobile gamers worry about like getting a message from a friend while in the virtual world. You want to open it so bad, but that means you have to quit your game. Or getting a notification that your battery is low whiles you are in the middle of an intensive…
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Huawei Y8p; the champion of entry-level smart phones with 48MP AI triple camera
Designed to be a chic and practical all-rounder, the new HUAWEI Y8p adopts a multi-purpose 48MP AI Triple camera, solid performance of 6GB RAM and 128GB storage, incorporates a 6.3-inch OLED Dewdrop Display and an ultra slim and lightweight design, as well as a range of innovative features that make capturing photos and sharing life’s…
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COVID-19: Smock Weavers in Bolgatanga lament low patronage
Ghana’s textile industry has been an important source of livelihood for many despite the challenges it has faced in recent years. But the traditional textiles sub-sector in particular, which produces Kente and the smock, has gained very little attention from the government. Amidst the economic impact caused by the novel coronavirus pandemic, smock weavers at…
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IPPs disappointed over silence on $1.4bn debt in Mid-year budget
The Chamber of Independent Power Producers and Bulk Consumers has expressed disappointment over government’s failure to address the debt of about USD$1.4 billion owed them in the Mid-year budget. According to them, although the power sector has mane challenges, the Finance Minister, Ken Ofori-Atta, during the reading of the Mid-year budget review on Thursday, 23…
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Gov’t announces reduction in ‘Talk Tax’ from 9% to 5%
As part of efforts to mitigate the economic impact of the novel Coronavirus pandemic on Ghanaians, government has announced a reduction in the Communication Service Tax, CST, also known as ‘Talk Tax’ from nine per cent to five per cent. This was announced by the Minister of Finance, Ken Ofori-Atta, when he presented the 2020…