South Africa in fourth month of lockdown restrictions Gradual reopening has led to return of power cuts Keitumetse Modise was already struggling to juggle her appointments as a freelance beautician while home-schooling her daughter during South Africa’s nearly four-month-old COVID-19 lockdown. The last thing she needed was the lights going out. But after being forced […] The post Power
Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90percent interest in the Bogoso-Prestea Gold Mine. The agreement stipulates that an initial purchase price of $55 million shall be paid with a further contingent component of up to US$40 million staged payments to […] The post Golden Star sells Bogoso-Prestea
“If you make customers unhappy in the physical world, they might each tell SIX friends. If you make customers unhappy on the Internet, they can each tell six thousand friends.” Jeff Bezos Customer Exits and Risk Dear bankers, I am sure you have all gone through a painful customer exit before. Someone may be […] The post Alberta Quarcoopome’s
The National Lottery Authority (NLA), has indicated that due to the shift system it is implementing to make its working environment safe from COVID-19, and the increasing spate of lotto fraudsters, it is taking reasonably longer to pay winning tickets or prizes and thus appealing to the staking public for patience. According to the NLA, […] The post COVID-19
The coronavirus pandemic has exposed the potential vulnerability of the world’s food supply chains. This is galvanising governments in emerging economies to boost domestic production through new agricultural inputs and investment in agri-tech and logistics networks. The UN’s World Food Programme (WFP) has warned that 265m people globally could face acute food insecurity by the end of the year […] The post COVID-19
Parliament has for the second time read the Aircraft Accident, Investigation and Prevention Bureau Bill, 2020 which seeks to establish an Aircraft Accident Investigation Bureau, which would investigate all aviation incidents and accidents in the country, in line with international best practices. When it becomes law after a third reading by parliament and its subsequent approval […] The post Autonomous
Kenyan and Nigerian currencies are likely to come under pressure against the U.S. dollar this week as Uganda’s shilling strengthens and Tanzania’s and Zambia’s currencies trade sideways. KENYA The Kenyan shilling is forecast to weaken due to increased dollar demand from merchandise importers and the energy sector as business activity resumes following the lifting of […] The post AFRICA-FX-Kenyan,
Preparing for a comfortable life after retirement is a deliberate action. It doesn’t just happen. It requires making immediate sacrifices for future benefit; which benefit will extend beyond the individual. We often express one’s wealth by the things he possesses. Hear what the Bible as well as Dave Ramsey have to say. “And he said […] The post Pension Matters with Kimpton Trust
Our western regional correspondent posted a story of illegal miners invading the Ghana Rubber Estate Limited’s (GREL) concession at Apemanin in the Ahanta West Municipality, and would ordinarily be treated as another illegal mining, or more popularly, galamsey story. However, what struck us hard was the fact that government, through the One District, One Factory […] The post Editorial
Deputy Minister for Health, Dr Bernard Oko Boye has finally come out with the proper definition of a frontline health worker. He stated that “the definition for frontline workers, as agreed on with all relevant stakeholders is any health worker, who has been involved in the management of a confirmed case of COVID-19”. The raging […] The post Editorial
Never say never. This piece isn’t to persuade you to flat out put aside your efforts for external funding. The world is still spinning, albeit amidst a full-blown pandemic. But if ever there was a time to look internally for value first, this would be it. COVID-19 did not spare the investment and venture capital […] The post Startup Funding 101: Focus on making
Customers of Agricultural Development Bank (ADB) can now seamlessly self-register for the bank’s *767# USSD service without visiting any branch of the Bank. This service allows customers to link their mobile money wallet to their bank accounts, check account balance, view mini statements, transfer Funds (account to wallet, wallet to account, inter-bank transfers, intra-bank transfers), […] The post ADB
The socio-economic throes of the COVID-19 pandemic continue to bite hard with no end in sight yet. As it has been opined widely by economic experts, life must continue nonetheless to prevent businesses from withering away. For an important sector like agriculture, this position is even more crucial and must be acted on quickly. The […] The post Yara
Prudential Life Insurance has partnered with Surfline Communications to provide an insurance package for employees of Small and Medium Enterprises (SMEs) in Ghana dubbed ‘Surf Insure’. This first-of-its-kind partnership will extend life insurance cover to employees of SMEs who are Surfline subscribers signed onto Surf Insure. The subscribers will be entitled to a Hospital Cash […] The post Prudential
Retirement planning is about putting in place a plan to secure your financial future and planning how to manage your transition from active work to retirement. Your retirement planning starts when you estimate how much money you will need for retirement and at what age you want to retire. Ideally, retirement planning should start right after school so the […] The post The need
Regulatory agencies must work hand in hand with the private sector to cushion businesses as the Coronavirus pandemic continue to bite hard, Hilton John Mitchell, Chief Executive Officer (CEO) of Jonmoore International, a logistics services provider, has said. “The private sector is currently encountering tough time, and so these statutory bodies that regulate activities in […] The post Regulatory
Prudential Life Insurance has partnered with Surfline Communications to provide an insurance package for employees of Small and Medium Enterprises (SMEs) in Ghana dubbed ‘Surf Insure’. This first-of-its-kind partnership will extend life insurance cover to employees of SMEs who are Surfline subscribers signed onto Surf Insure. The subscribers will be entitled to a Hospital Cash […] The post Prudential
The implementation of government’s flagship ‘Planting for Food and Jobs’ (PFJ) has increased jobs creation by over 2.28 million in the agricultural value chain, between 2017 and 2019, Minister for Finance, Ken Ofori-Atta, has said. According to him, available data collated on the PFJ, based on “empirical estimation” from the field across the country in […] The post Over
The government expects revenues to fall short of the 2020 budget target by GH¢13.6 billion, or 3.5 percent of revised Gross Domestic Product (GDP), mainly due to drop in petroleum receipts of GH¢5.3 billion. Finance Minister, Ken Ofori-Atta, in his presentation of the Mid-Year Budget to lawmakers in Accra, noted that aside the weak performance […] The post Gov’t
Import revenue realized at the Tema Port fell by 45.02 percent for the month of June 2020, Ghana Revenue Authority ( GRA) data has shown. The monthly report released on July 1, 2020, indicated that for the month of June 2020, the revenue target at the Tema Port was GHC1billion but the total revenue raised […] The post Tema Port records revenue shortfall of GHC453m
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