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GRIDCo employee tests positive for Covid-19

An employee of the Ghana Grid Company (GRIDCo) has tested positive for COVID-19, the company has said. A statement from the Company said they received the news on Monday. “The employee has since been isolated for treatment by the Ghana Health Service (GHS) Covid-19 Management Team, in line with the established protocols,” GRIDCo said. According […]Read More
Business

Transport fares to go up by 15% from July 11

Transport fares have been increased by 15 percent, effective Saturday, July 11, 2020. Deputy Transport Minister, Titus Glover in an interview with Adom News’ Abednego Asante Asiedu said government took the decision in acknowledgment of the impact the Covid-19 pandemic has had on drivers. This comes a day after the leadership of a group calling […]Read More
Business

Endeavour completes SEMAFO acquisition

Endeavour Mining (TSX: EDV) (OTCQX: EDVMF) has announced the successful completion of the previously-announced acquisition of SEMAFO Inc (TSX: SMF), effective July 1, 2020. Pursuant to a court-approved plan of arrangement, shareholders of SEMAFO received 0.1422 of an Endeavour ordinary share for each SEMAFO common share held. As a result of the arrangement, SEMAFO has Read More
Business

Akufo-Addo presents GHS1m to 20 young entrepreneurs

President Nana Addo Dankwa Akufo-Addo, has presented GHS1 million to twenty young entrepreneurs under Season Three of the Presidential Pitch, an initiative of the Ministry for Business Development. Addressing the programme on Wednesday, 1 July 2020, President Akufo-Addo stated Government understands the importance of the initiative, because entrepreneurship is a vital Read More
Business

Interoperability transactions below ¢100 continue to remain free on Vodafone Cash

Telecommunications giant Vodafone Ghana has waived interoperability charges on transactions up to ¢100 for its customers. Whilst transactions between Vodafone Cash customers have been free since September last year without any limit; customers will continue to incur no charges when they send any amount between ¢1 and ¢100, to friends and family on other mobile […]Read More
Business

GRA grabs Chinese factory diverting government textbooks to produce toilet papers

The Tax Enforcement Unit of the Ghana Revenue Authority (GRA) has clamped down on an unlicensed Chinese Factory – Everyday Manufacturing Limited. The company located at the Awutu Senya Constituency in the Central Region was illegally diverting cartons of government textbooks to be recycled as Toilet Rolls. Managers of the Chinese Facility initially locked the […]Read More
Business

COVID-19: Consistency, leadership critical in ensuring economic recovery – WTO Chief

Consistency and leadership are critical in ensuring quick economic recovery following the coronavirus pandemic, the Director-General of the World Trade Organization (WTO), Roberto Azevêdo has said. Mr Azevêdo noted that some of the measures outlined by countries to deal with the effects of the coronavirus pandemic on the economy are beginning to yield results, He […]Read More