A banking sector review conducted by Metis Decisions has revived the perennial issue of women under-representation at the highest levels of decision-making. The purpose of the review was to assess the ‘battle-readiness’ of banks from a corporate governance standpoint as the financial sector recovers from a period of turbulence...
The Ghana COVID-19 Private Sector Fund, a private sector-led initiative, has set out a major plan to construct a 100-bed COVID-19 treatment and isolation facility to complement government efforts to contain the coronavirus.
Construction work on the new facility was expected to commence yesterday, Tuesday, April 14, 2020, and is...
The Ghana COVID-19 Private Sector Fund has supported 10,000 Kayayei in Accra and Kumasi with 140,000 food packs and other essentials to lessen the effects of the two-week lockdown due to the spread of the virus.
The Private Sector Fund fed Kayayei with one hot meal a day for the...
…may send some countries into debt-distress
With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of fiscal revenue - leaving African countries at the mercy of...
Zenith Bank Ghana Limited has donated GH¢1,000,000 to the COVID-19 Fund established by the government of Ghana, to complement its fight against the virus and assist in ensuring the welfare of needy and vulnerable persons in society.
Officials of the bank presented the amount at the Ministry of Information press...
Despite the growing threat of COVID-19 to virtually all aspects of business and the economy, the Ghana Cocoa Board (COCOBOD) has given the strongest assurance that its annual cocoa syndication loan facility will go ahead without any hitches.
Joseph Boahen Aidoo, CEO of COCOBOD, assured farmers and other industry stakeholders...
While oil contribution to government revenue is expected to drop by nearly US$600million, the sector's total contribution to Gross Domestic Product (GDP) is set to drop by US$2.5billion this year, according to Alex Mould, a former Chief Executive Officer of the Ghana National Petroleum Company (GNPC) and National Petroleum...
As several African countries are using lockdowns to control the COVID-19 virus' spread, they will also negatively affect economic growth on a continent which has had some of the world's fastest-growing economies in recent years, a World Bank report indicates.
Last week, an African Union report said that nearly 20...
In an Africa, dealing with monumental infrastructure and energy deficits; a teeming youthful population desperate for jobs and opportunities; and currently facing what is arguably its most daunting challenge - the COVID-19 pandemic; the continent has never been as in need of leaders, who care about the development and...
The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East district in the Western Region has donated items tothe government through three local assemblies to support the fight against COVID-19.
The items worth about GH¢67,000 were presented to Wasa Amenfi West Municipality, Wasa Amenfi East Municipality and Wasa...