The Ministry of Aviation would be sending a comprehensive proposal to the President this week on how it plans to reopen the nation’s air borders. The proposal has a detailed plan, recommending a number of scenarios, impact analysis and control mechanism that can be introduced to hugely mitigate the fear of importation of COVID-19 cases […] The post Gov’t
The Nautical Institute has honoured the Ghana Maritime Authority (GMA) for its selfless efforts at alleviating the suffering of seafarers by working in collaboration with government to make Ghana a crew-changing hub and thereby embarking on regular repatriation missions. Many seafarers, including Ghanaians, in their bid to keep the world’s economy running have ended up […] The post GMA
The corporate social responsibility arm of Newmont Ahafo Mine, Newmont Ahafo Development Foundation (NADeF), has donated basic personal protection equipment (PPE) to seven health facilities in its operational area to help fight against coronavirus (COVID-19). The PPE, valued at GH¢48,696 comprised of 100 gallons of hand sanitizers (5L), 5,000 pieces of surgical nose masks, 9,000 […] The post NADeF
Moving from the financial institution to a start-up company in the mobility space, the frequent investment vehicles that I was conversant with were treasury bills, shares, bonds, fixed deposits and collective investment schemes. Most of these vehicles could give you an annual return of 14% – 30% or more on your investment. In recent times, […] The post How profitable is
While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined US$130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries will be forced to default. Others […] The post How to prevent the looming sovereign-debt
Nana Kwame Gyamfi, Project Coordinator of the Cocoa Organic Farmers Association (COFA), has called for a Legislative Instrument (L.I) to regulate agricultural commodities standardization. This follows a study conducted by COFA to establish the impact of the absence of L.I to guide agricultural commodities standardization using the cocoa and maize supply chain as a microcosm […] The post Legislative
For most financial institutions globally, 2020 Financial Year (FY2020) is likely to be described as a year of abysmal performance, an outlier which caste malignant spell on important financial indicators, especially liquidity and profitability. Unavoidably, Microfinance Institutions (MFIs) are spared by this imminent spell. This is because; MFIs predominantly serve the fragile Micro/SME segment of […] The post THRIVING
Dainess Foods, market leaders of baking products, has rewarded its customers with home and electrical appliances and other gratifying items at its maiden Win Big Promotion which ended on August 1, 2020. The promotion which has a goal of maximizing the Ghanaian bakery market to profits and self-sufficiency in the COVID-19 pandemic era, saw the […] The post Markets women
MTN Ghana Foundation has completed screening applications for its Bright Scholarship scheme for tertiary students for the 2020/2021 academic year. A total of 1,180 applications were received out of which 184 applicants were shortlisted for the final batch of the Scholarship. The shortlisted applicants comprised 134 males and 52 females selected from 20 tertiary institution […] The post MTN
The President’s recent visit to the Northern Region left in its wake fulfilled promises made to the Chiefs of then Northern Region in the run up to the 2016 general elections. Our region as well as those that were carved out of the former Northern Region (North East and Savannah Regions) can point to major […] The post President’s visit
Advanced economies have already spent enormous amounts providing pandemic relief to households and small- and medium-size businesses. The International Monetary Fund’s June outlook estimates that, including fiscal measures and credit guarantees, spending reached approximately 20 percentage points of GDP. In the United States, Congress is considering new spending ranging from 5% of GDP (Republicans) to […] The post Should
Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum Akwaboah, has said the reduction in Communication Services Tax (CST) by government from 9% to 5% is going to make some positive impact on Ghanaians. Minister of Finance Ken Ofori-Atta, in his delivery of the Mid-Year Budget Review to lawmakers, noted that […] The post Reduction in Communications
Prudential Life Insurance has announced a partnership with three institutions; United Way Ghana, United Nations Population Fund (UNFPA) and the School of Languages, University of Ghana to fund projects that are set to impact over 23,000 Ghanaians. United Way Ghana is bringing together local expertise in the fields of education, health and financial empowerment to […] The post Prudential
Quantitative Easing (QE) is another form of expansionary monetary policy in which the Central Bank of a country purchases a large number of financial assets, such as bonds, from commercial banks and other financial institutions. The purchase of these assets in large amounts increases the excess reserves held by the financial institutions, facilitates lending, increases […] The post Quantitative
The enterprise unit of Vodafone Ghana, Vodafone Business has launched Business Runway Webinar Series to empower Small and Medium Scale Enterprise (SMEs) with the requisite skills, insights and opportunities that will enable them manage and build thriving businesses. The knowledge-sharing platform, which is also aimed at building the capacities of SMEs and sharing best practices […] The post Vodafone
President Nana Akufo-Addo has unveiled the first locally-made Volkswagen (VW) vehicle which he says is the first of many to come in the country’s bid to becoming self-reliant. “This will undoubtedly promote import substitution, enhance Ghanaian exports, particularly within the framework of the African Continental Free Trade Area, whose coming into force is eminent,” he […] The post Let’s
Vodafone Ghana employees and the Vodafone Group Foundation have raised GH¢100,000 toward establishment of the Vodafone Ark Foundation Transit Shelter for survivors of domestic violence. The amount was donated to the Ark Foundation, a Non-Profit Organisation (NGO) that provides support for survivors of domestic violence. The donation is part of Vodafone’s efforts to support the […] The post Vodafone
African leaders have their work cut out to make the continental free trade area a success. Wikimedia Commons Most economists see structural transformation as one of the main routes to Africa’s sustainable development. What it means is changing the share of agriculture, manufacturing and services in an economy. It is a central aim of the […] The post Why
The Rotary Club of Accra-Ridge, in collaboration with Rotary Club Cantonment, has embarked on another humanitarian mission to support market women and frontline workers in the fight against the COVID-19 pandemic. The club donated some PPE to the Mallam Atta Market Government Clinic, and also to the women selling in the market. Items donated to […] The post Rotary Club
Standard Chartered Bank Ghana Limited, has held its 2019 Annual General Meeting (AGM) on the backdrop of being awarded Africa’s Best Bank for Transformation at the prestigious Euromoney Awards for Excellence 2020 that recognized the top financial institutions in banking and capital markets globally. At the AGM to present the annual report and financial statements […] The post Standard
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