Category: Top Stories
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Telcos Chamber refutes Ursula’s claims of understating revenue
The Ghana Chamber of Telecommunications has once again, raised concerns about the claim that mobile network operators in the country understate their revenues to the government. This comes after the Communications and Digitalization Minister-designate, Ursula Owusu-Ekuful’s recent assertions that telcos under-declared their income flows to avoid tax charges. She made these statements while justifying the…
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Services sector maintains dominance in 2020 third quarter – BoG report
New data released by the Bank of Ghana on developments within the labour market indicates that the Services Sector has maintained its dominance as the leading job-providing sector in the economy, accounting for 80.2 percent of total job adverts recorded during the third quarter of 2020. This compares with a share of 82.2 percent recorded…
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BoG’s indices show boost in economy’s real sector
Latest data released by the Bank of Ghana indicate that some selected real sector pointers showed progress in economic activity during the third quarter of 2020 when compared with trends observed during the same period in 2019. The relative pick-up in real sector activities was mainly due to a gradual recovery from the adverse effects…
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Stakeholders call for increased investment to improve quality of employment data
Stakeholders have bemoaned the seeming lack of transparent, real-time and verifiable data on jobs in the Ghana. Their disappointment follows the debate over the creation of 3 million jobs by the current government in its first term, during the vetting of Employment and Labour Relations Minister-nominee, Ignatius Baffour Awuah in parliament on February 17, 2021.…
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GCNet gives remaining workers redundancy letters
Ghana Community Network Services Limited has served notice of redundancy letters to the remaining staff working on the GeGov Project. They are to be laid-off by the end of April 2021, following the non-renewal of GCNet’s Service Agreement with the Ghana Revenue Authority (GRA). The letter dated January 29, 2021, explained that management had to…
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FDA recalls contaminated pet food over death of animals
The Food and Drugs Authority (FDA) is cautioning the general public about the contamination of various pet foods manufactured by Midwestern PetFoods, Indiana in the United States of America. The FDA in a press release dated 18th February 2021, stated that the pet foods have been recalled due to the presence of high aflatoxin contamination…
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Bear cost of standardization of local goods – GSA to government
Director General of the Ghana Standards Authority (GSA), Professor Alex Dodoo has called on government to bear the full cost of facilitating the improvement in the standard of goods produced by Micro, Small and Medium-sized Enterprises (MSMEs) in the country. According to him, MSMEs will gain little or nothing from the African Continental Free Trade…
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Make appointments to petroleum-sector boards now – COPEC to government
The Chamber of Petroleum Consumers, COPEC, is calling for appointments to the boards of petroleum and oil-related sectors to be hastened up. According to the Chamber, the role of these institutions in the management of the sector cannot be underestimated hence the advice. The various boards and corporations were earlier dissolved in accordance with the…
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Ghanaians urged to recharge digitally as scratch cards are phased out
Leading mobile telecommunication network says the reduction in the volume of its recharge cards is in line with their strategy to go largely digital. The pronouncement comes on the back of complaints by vendors and the general public about the shortage of MTN recharge cards otherwise known as scratch cards on the market. As of…
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WTO Director General outlines plans to rejuvenate global trade
The newly appointed Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has pledged to among other things, facilitate the lifting of export restrictions among member countries to enable easier movement of goods during this COVID-19 period. This forms part of her vision to rejuvenate and strengthen the World Trade Organization to enable it effectively…