Author: Nerteley Nettey

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The Ashanti Regional Police in a joint operation with the National Insurance Commission (NIC), on Tuesday May 19, 2020, arrested a member of a suspected cartel that produces fake insurance stickers in Kumasi. The arrest was based upon a tip-off near the Aboabo DVLA Office. The suspect (name withheld), is currently in the custody of…

Debt owed ECG paid up to December 2019 – Energy Minister

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The Minister of Energy, John Peter Amewu, says government has paid all its debt owed the Electricity Company of Ghana, ECG, up to December 2019. According to the Minister, government paid GHS 2 billion annually to cover its bills. Speaking at a press briefing by the Information Ministry,on Tuesday, May 19, 2020, Mr. Peter Amewu…

Emmanuel Appiah-Kubi writes: COVID-19; The accountant’s perspective

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in FEATURES, Top Stories

Never have I imagined an era of a time when governments in Africa would ask churches, mosques and other places of worship to close their doors whilst the UK government also asks pubs to close their doors to the public. In most parts of Africa it is a taboo for any government to criticize a…

Standard Chartered provides vulnerable communities with COVID-19 relief

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in General

Standard Chartered Bank Ghana Limited has partnered with United Way Ghana to provide COVID-19 relief to vulnerable households in the Ayawaso District of the Greater Accra Region. The relief package comprises nutrition packs, health and hygiene items to vulnerable households, literacy materials for children and sanitation items to a Community Health Centre. Beyond giving out…

Mobility analysis reveals decreased travel even after partial lock-down was lifted

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Government Statistician, Professor Samuel Annim, has stated that movements after the partial lock-down was lifted decreased as compared to the period of the initial restrictions. According to him, this affirms the effectiveness of the use of moral persuasion as a supporting intervention in the fight against COVID-19. His analysis forms part of a mobility analysis…

Ghana’s COVID-19 case count hits 5,918 with 31 deaths

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Ghana’s COVID-19 case count has risen to 5,918 after 183 new cases were confirmed. This is according to the Ghana Health Service’s latest update on Tuesday morning [May 19, 2020.] Two new deaths have also been confirmed, increasing the toll to 31. The number of persons who have recovered from the virus in Ghana, however…

New policies launched to speed up financial inclusion for economic transformation

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in Banking And Finance, TECHNOLOGY, Top Stories

In its quest to increase financial inclusion from the current 58 percent to 85 percent by 2023, the Ministry of Finance has introduced the National Financial Inclusion and Development Strategy to help create economic opportunities and reduce poverty. This strategy is part of three new initiatives introduced by government to speed up financial inclusion and…

Total calls off plan to buy Occidental Petroleum’s Ghana asset

May 18, 2020

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in Oil And Gas, Top Stories

Total (TOTF.PA) has called off a plan to acquire Occidental Petroleum’s (OXY.N) assets in Ghana, which was conditional on the completion of the acquisition of Occidental’s other assets in Algeria, the French energy company said on Monday. The deal was part of an $8.8 billion agreement reached between Total and Occidental to take over Anadarko’s…

We’ll use financial institutions to disburse GHS600m SME loan – NBSSI

May 18, 2020

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