…another payment to cater for quarantine mandatory before evacuation
The Ghana High Commission in Nigeria has sent out a notification that all stranded Ghanaians willing to return must pay a fee to assist their evacuation to Ghana tomorrow – Tuesday, June 2, 2020. The fee ranges from US$800-1,000 from Abuja...
Close your eyes for a moment and think yourself as the President of the Republic. Forget all the fame and glory that come with it because these are no normal times. Rather, see yourself as making a choice between life and death. i.e., facing a decision of lifting restrictions...
The National Board for Small Scale Industries (NBSSI) has said that one of the major goals of the GH¢1 billion stimulus package is to afford businesses the opportunity to retain their human resource as a means to help reduce the number of layoffs that may ensue due to COVID-19...
The African Business magazine has released this year’s top-250 African companies survey, which highlights the overall carnage in African share valuations over the last year - and Ghana made only three entries.
Ghana’s first entry was chalked by Tullow Oil, in 39th position with a market capitalisation of US$2,888million. Standard...
Is deficit financing back?
BOG 2020 budget deficit support at 53%?
It seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee (MPC) Report cites the US Fed and US Treasury to prepare our minds for a significant shift its past conservative fiscal stance to an aggressive one....
... advocates lifeline support for sector
Government has been urged to provide stimulus packages for insurance companies affected by the novel Coronavirus pandemic, as doing so will help to ensure a strong insurance industry and boost investor confidence in the economy’s recovery.
According to Solomon Lartey, a former Chief Executive Officer...
Revenue shortfall now over 90%
GCAA, Airport Company may require gov’t bailout
Staff proceed on leave without pay; non-critical projects suspended
The aviation sector, like other sectors of the economy, is counting its losses and grasping at straws to survive.
With players expressing mixed feelings about continuous closure of...
Debt to GDP hits 59.3%
Primary balance contracts to 3.4%
Total revenue only 2.7% of GDP
The macroeconomic data of the country is flashing red light signals of danger ahead, as it is showing rising debt levels against shortfalls in revenue amid the impact of coronavirus pandemic; thereby...
Ghana Community Network Service Limited (GCNet) is set to shut down its operations at the nation’s ports to finally give way for UNIPASS, now Integrated Customs Management Systems (ICUMS) to takeover single window operations at the port.
In a series of letters written to the existing vendors and various port...
Following the outbreak of COVID-19 globally, the planning committee for the Ghana Beverage Awards (GBA) has officially announced that GBA 2019 will be held virtually and streamed on TV and online on June 13, 2020.
The beverage awards, which is in its fourth year, closed nominations to the general public...