The COVID-19 pandemic, one of the world’s most significant events in recent memory, has resulted in the cessation of economic activities for many African countries. Many economic analysts have predicted that the pandemic will lead to a significant decline in GDP, unparalleled social disruption, and the loss of millions...
A good person leaves an inheritance for their children's children, but a sinner's wealth is stored up for the righteous - Proverbs 13:22
Certainly, as parents the wrong attitude would be to spend all we have in order to enjoy it before we die. A component of stewardship, and getting...
Government’s decision to extend the electricity subsidy programme, which will cost at least GH¢2billion in total, has been hailed as a move to boost consumers’ disposable income as it will reduce the burden of having to pay for power during the Coronavirus-induced economic crisis.
Captured under government's Coronavirus Alleviation and...
Despite the coronavirus pandemic heightening the risk of debt default by customers, banks have eased their credit stance to businesses for the next two months, Bank of Ghana credit conditions survey for June 2020 has revealed.
The Summary of Economic and Financial data published by the Bank of Ghana shows...
The launch by Vice-President Dr. Mahamudu Bawumia of the US$7.5million Infectious Diseases Centre built by the Ghana COVID-19 Private Sector Fund, at the Ga East Municipal Hospital, is something worth celebrating.
Dr. Bawumia noted that the Centre celebrates Ghanaian ingenuity and patriotism, and dedication to humanity. The world-class facility was...
Declining trade volumes and values due to COVID-19 disruption in supply chains globally has had a serious effect on the wholesale, retail and distribution business in Ghana; thereby causing a ripple-effect on Specialised Deposit-Taking Institutions (SDIs).
In March 2020, the Bank of Ghana (BoG) announced a number of monetary policy...
The National Lottery Authority (NLA) has licenced KGL Technology Limited, the parent company of Keed Ghana Limited - which is a wholly Ghanaian-owned entity combining local expertise across diverse fields, as a digital/online lottery operator.
The licence was presented to KGL Technology Limited by the authority’s Board Chairman, Togbe Francis...
West Hills Mall has consolidated its ranking as Accra’s most alluring destination for hot, ready-to-eat foods with the opening at its popular food court of one of the country’s classiest patisseries - the ‘New York Sizzlers Pastries & Ice Cream’.
The mall’s food court, already the toast of patrons from...
The Trades Union Congress has commended government for its introduction of the Coronavirus Alleviation and Revitalisation of Enterprises Support (CARES) programme, and indicated that hundreds of thousands of jobs and livelihoods depend on diligent implementation of the programme.
In the TUC’s preliminary comments on the Mid-Year Review of the 2020...
Fabrimetal Ghana, producers of high tensile reinforcement bars, have donated 450 Cylinders of oxygen to the Korle-Bu Teaching Hospital through its ongoing support to fight COVID-19. This is to help in the management and treatment of COVID-19 patients in the country.
The 450 cylinders, which adds up to 4000 Cubic...