Category: Top Stories
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Poultry farmers demand audit of approach used to check bird flu outbreaks
The Greater Accra Poultry Farmers Association says the Veterinary Service should audit the approach it uses to tackle bird flu in the country. This follows the latest outbreak of the disease, which has already left over 700,000 birds dead. In order to contain its spread, the government has released GH¢44 million to manage the flu.…
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Government allocates GH¢44 million to contain Bird Flu outbreak
Government has released GH¢44 million to contain the spread of bird flu across the country. This was disclosed by the Minister for Food and Agriculture, Dr. Owusu Akoto Afriyie. This comes on the back of reported cases of bird flu across the country. According to the Agric Ministry, the outbreak, which occurred in seven out…
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Gold Fields assessing possibility of $500m investment for its Damang Mine
Leading gold mining company Gold Fields Limited says it is assessing the possibility of reinvesting up to $500 million in its Damang mine in the coming years. This reinvestment is likely to materialize the company’s assessment of the mine’s viability and plans for reinvestment are approved by leadership of the company. At the moment Gold…
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Household incomes reducing at record levels post-COVID – GSS
Ghanaians across the country continue to record reductions in household incomes, while the cost of items such as food continues to be on the rise. This is according to a report by the Ghana Statistical Service dubbed COVID-19 households and job tracker survey 2021. The survey sampled views from a total of 7,999 households across…
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Only NIC can issue compulsory travel insurance directive – Analyst
Insurance Analyst, Ernest Frimpong says even though travel insurance a necessity, by law, it cannot be made compulsory until the National Insurance Commission (NIC) deems it so. This is on the back of a statement issued by the National Insurance Commission, urging the public to disregard reports of a supposed mandatory ‘Akwaaba Insurance’ for all…
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Bank of Ghana likely to maintain Monetary Policy Rate at 14.5% – IEA predicts
The Institute of Economic Affairs (IEA), is projecting an unchanged policy rate of 14.5% by the Bank of Ghana. The Monetary Policy Committee of the Central Bank is presently holding its 104th Monetary Policy Committee meeting to review developments in the economy. Speaking during a roundtable meeting on “Making Monetary Policy in Ghana More Fit-For-Purpose”…
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Mining industry will learn from unfortunate Bogoso explosion incident – Gold Fields
Leading gold mining company, Gold Fields Limited, says the mining industry in Ghana can learn from the unfortunate Bogoso-Appiate explosion disaster and become better going forward. The January 20 explosion occurred along the Tarkwa-Bogoso-Ayamfuri road after a truck transporting mining explosives collided with a motorcycle, according to the Police. At least 13 people have been…
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Agric Ministry assures of safeguarding rice farmers amidst ongoing benchmark discussions
The Ministry of Agric says it will do all it can to safeguard the interest of rice farmers in the country, following threats that thousands of people in the rice value chain risk losing their jobs due to the benchmark discount policy in place. According to rice farmers, the benchmark value reduction policy, makes imported…
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Tax analyst urges gov’t to increase minimum taxable income to GH¢500
Tax Analyst, Francis Timore Boi has urged the government to consider increasing the salary amount that is taxed at zero percent to a minimum of GH¢500. Currently, employees who receive GH¢365 and below as monthly salary or ¢4,380 as annual salary do not have their earnings taxed. This follows the amendment (no. 2) of the…
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Disregard news of compulsory ‘Akwaaba insurance policy for international travelers – NIC
The National Insurance Commission (NIC) which regulates the insurance sector in Ghana, has described reports that all international travellers arriving in Ghana by the end of March this year will be expected to sign on to a compulsory insurance cover known as the ‘Akwaaba’ insurance policy, as untrue. Media reports suggested that the said product…