Author: Nerteley Nettey

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in Local Economy, Top Stories

The Chamber of Petroleum Consumers, Ghana, is predicting fuel shortages across the country if government fails to find a solution within the next 24 hours to the ongoing challenges with the migration onto the new customs system (UNIPASS) from the existing GCNet platform. According to COPEC, the ongoing challenges with the migration is leading to…

Ghana’s COVID-19 cases hit 2,074, with 212 recoveries and 17 deaths

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in Local Economy, Top Stories

Ghana’s confirmed cases of the novel Coronavirus have increased to 2,074 from 1,550. This is according to the Ghana Health Service (GHS). This means that 403 new cases have been recorded in the country since the last update on April 28, 2020. The number of recoveries have also increased to 212 from 188, whiles the…

Use of electronic payment channels sees 81% growth in 2020 1st quarter – GhIPSS

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in Banking And Finance, Top Stories

The volume of transactions done electronically through the Ghana Interbank Payment and Settlement Systems (GhIPSS) platform has increased by 81 percent in the first quarter of this year compared to the same period last year. This is according to latest figures from the Ghana Interbank Payment and Settlement Systems (GhIPSS). The latest figure shows that…

Tripartite Committee’s communiqué on COVID-19 fight misplaced – Federation of Labour

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in Business, Top Stories

The Deputy Secretary-General of the Ghana Federation of Labour, Kenneth Koomson, has criticized the Tripartite Committee for failing to consider the plight of industries before coming up with its 10-point communiqué. The Tripartite Committee comprising government, Labour Unions and employers signed a 10-point communiqué on Tuesday, April 28 2020, on the need to protect businesses…

COVID-19 impact: National Hospitality Assoc. calls on Gov’t for emegency support

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in Business, Top Stories, Tourism

The National Hospitality Association of Ghana (NHAG), is calling on government to negotiate with the Social Security and National Insurance Trust (SSNIT) to pay 50% salary of employees over a period of six-months as part of emergency assistance in the wake of the coronavirus pandemic. This is to enable the industry protect jobs and ensure…

COVID-19: TUC, Employers Association call for stimulus support for big businesses

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in Business, Local Economy, Top Stories

The Trades Union Congress (TUC) and the Ghana Employers Association, have called on government to extend its stimulus support to cover big businesses amid the COVID-19 pandemic. Currently, the government has set aside a GHS600 million soft loan scheme with a two-year repayment plan for small and medium scale businesses. But speaking at a COVID-19…

Poultry farmers appeal for Gov’t support to boost local production

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in Agriculture, Top Stories

Local poultry farmers have called for concrete interventions from government to strengthen the industry. Ghana spends over 350 million dollars annually to import poultry products. Government has indicated its commitment to increase local production and eventually ban importation by the year 2023. The President of the Greater Accra Poultry Farmers Association, Michael Nyarko-Ampem, in a…

COVID-19: IMF approves $3.4 billion in emergency support for Nigeria

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in INTERNATIONAL, Top Stories

The International Monetary Fund (IMF), has approved a disbursement of US$3.4 billion to Nigeria to support the country’s efforts in addressing the severe economic impact of the COVID-19 shock and the sharp fall in oil prices. “The Executive Board of the International Monetary Fund (IMF) approved Nigeria’s request for emergency financial assistance of SDR 2,454.5…

Exxon Equatorial Guinea offshore workers test positive for coronavirus

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