The Institute of Internal Auditors Ghana has called on Bank of Ghana and Telecom operators to consider reducing charges on mobile money transactions by at least 50%. This they believe will help minimize the spread of Coronavirus. The use of physical cash according to health professionals can contribute to the spread of Covid-19. Chairman of the Advocacy Committee of Internal ...
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Gov’t spent $8.97m on new 100, 200 cedi notes
The Government of Ghana spent 8.97 million dollars in printing the new 100 and 200 cedi notes, Finance Minister, Ken Ofori Atta has revealed. Mr Ofori-Atta made the revelation in Parliament Tuesday while he was answering questions from Lambusie MP Edward Dery. “The information obtained from the Bank of Ghana indicates that the cost of printing the 100 and 200 ...
Read More »Film Directors in Ghana urged to observe precautionary Measures to curb the spread of Covid-19
Members of the Film Directors Guild Ghana have been urged to observe measures announced by President Akufo Addo to present the spread of the deadly Corona virus, COVID 19 A Release signed by the General Secretary Of Film Directors Guild Ghana, Mrs. Bonsu Serwaa Gift, the association urged members not to trivialize the disease and make sure hand sanitizers and ...
Read More »Over $8 million dollars used to print new cedi notes – Finance Minister
Finance Minister, Ken Ofori-Atta, has revealed that a total amount of US$8.98 million was used by the Bank of Ghana to print the new GH¢100 and GH¢200 notes. Addressing Parliament on Tuesday, 17th March 2020, he explained that the figure is made up of US$4.45 million and US$4.53 million for the two notes respectively. “Mr Speaker currency management falls within ...
Read More »Covid 9: Ghana’s growth rate to decline 0.3% to 6.2% – Fitch
This is against the previous 6.5% forecast for this year. However, 6.2% is still good for the country. According to ratings agency, Fitch, “We therefore expect real Gross Domestic Product to expand by 6.2% in 2020, down from 6.5% previously. In its analysis on the impact of the coronavirus on Sub Saharan economies, Fitch said “The sharp decline in global ...
Read More »IMF to help low-income member states with $10bn at zero interest rates to fight coronavirus
The International Monetary Fund (IMF) has disclosed that it stands ready to offer $10 billion to low-income member states at zero interest rates to help them combat the novel coronavirus (COVID-19). The Fund said the move could provide about $50bn to emerging and developing economies, while up to $10billion could be made available to the IMF’s low-income members through its ...
Read More »Coronavirus: Huge crowd of Teshie residents ‘fight’ for drinking water
Pictures of a huge crowd made up of residents of Teshie in the Greater Accra Region fighting one another in a bid to get access to good drinking water has hit social media. The pictures, which showed the jostling crowd carrying buckets, gallons and containers, were first shared online by former Deputy Communication Minister Felix Kwakye Ofosu on his Facebook ...
Read More »You are a shameless opportunist – Kennedy Agyapong fires Oye Lithur
Member of Parliament for Assin Central, Kennedy Agyapong has chided former Ministry of Gender, Children and Social Protection, Nana Oye Lithur for her deafening silence on the ‘misogynistic and ethnocentric’ comment by head pastor of Glorious Waves Chapel, Prophet Badu Kobi. It will be recalled that Badu Kobi in August 2019 made some remarks which sought to denigrate the women ...
Read More »Why I cursed FDA officials – Afia Schwarzenegger
Television personality and comedienne, Afia Schwarzenegger has finally opened up on why she cursed all officials of the Food and Drugs Authority (FDA). Afia Schwarzenegger in a video last week rained curses on all workers of the Food and Drugs Authority, tasking the gods to punish them with blindness and failure in all their endeavours. Speaking on Accra-based Neat FM ...
Read More »Cancelled events: Support organizers with part of $100m coronavirus fund – Entertainment pundit
Creative arts business and intellectual property consultant, Benjamin Oduro Arhin Jnr aka Bnoskka has appealed to government to assist event organizers who called off their shows due to the confirmed cases of coronavirus in the country. Speaking as a regular pundit on Kasapa 102.5 FM’s entertainment show with Eddie Ray, Bnoskka said Ghanaian event organizers whose events were going to ...
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