Although crude production in 2019 went up 15 percent from 62,135,435.07 barrels in 2018 to 71,439,585 barrels, revenue accrued to the Petroleum Holding Fund (PHF) however dropped by some 5 percent within the same period.
The revenue went down to US$925million in 2019 from US$977million in 2018 from Royalties, Carried...
But customers still have cyber security concerns
“Before the coronavirus was reported in Ghana, I used to go to the bank anytime I wanted to withdraw money because I had not really paid attention to mobile banking. But ever since the lockdown, I have stopped going to the bank....
The National Teaching Council (NTC) in collaboration with the Girl Child Education Unit of GES and support from UNICEF Ghana, is organising a refresher capacity building programme to equip teachers with relevant skills ahead of the implementation of Better Life for Girls (BL4G) project
The Better Life for Girls (BL4G)...
The Northern Command of the Ghana Armed Forces has been disinfected against the deadly Coronavirus (COVID-19) disease by Zoomlion Ghana.
The exercise which would also take place in the military barracks across the region forms part of the company’s corporate social responsibility is to ensure the safety of the security personnel,...
In spite of the annihilative impact of the coronavirus pandemic on the country’s local currency, making it record its highest depreciation against the US dollar since the beginning of the year, the Bank of Ghana (BoG) says it expects the cedi to gain stability as pressure on it has...
It was all going well until…. Yes, many individuals, businesses and other organisations could identify with those words in the past few months. For businesses especially, this year looked very promising because of the upcoming general election in December - which would have increased government’s spending across all sectors.
But,...
…in managing workers’ anxiety
For organisations to effectively manage the anxieties of their staff, coming from fear of losing their jobs or dealing with salary cuts and other inconvenient situations emanating from the impact of the coronavirus pandemic, open and honest communication, as well as responsible leadership are key, human...
The Association of Oil Marketing Companies (OMCs) has said it will not allow any body other than the industry’s regulators to have oversight of their operations, saying such a move may cause damage to their machines.
This comes on the back of an announcement by the Executive Director of the...
African leaders have been cautioned to be circumspect with debt forgiveness calls, as they have a great tendency to not only disturb the bond market but also make it difficult for a successful future bond issuance by African countries.
Calls are rife that with the havoc caused to African countries...
Despite measures by the central bank to free-up capital for banks to support the private sector and hasten revival of the economy following the ruin caused by COVID-19, banks say they will remain extremely cautious about it as the hard times are affecting customers’ ability to pay back loans...