In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses.
What has been the impact of COVID-19 on...
As a domestic worker, Amsale Hailemariam knew from the inside out the luxury villas that had grown up around her simple shelter of raw metal and plastic sheeting. And in them, she saw how her country, Ethiopia, had transformed.
The single mother told herself, “Oh God, a day will come...
According to Wikipedia, "Partnership is an arrangement whereby parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organidations, schools, governments or combinations. Organisations may partner to increase the likelihood of each achieving their mission and...
Prices of most of the staple food commodities in the country are expected to drop in August due to the bumper harvest expected to be recorded this year, despite the outbreak of COVID-19.
Data from Esoko’s market survey point to significant price reductions in some commodities at the close of...
The proposed establishment of the Development Bank Ghana is a good move to help infrastructure development; but government, on the other hand, could have repositioned a bank like the National Investment Bank (NIB) to serve the same purpose, Banking Consultant, Nana Otuo Acheampong has argued.
He said: “I support the...
Some players in the insurance sector are making calls for the regulator, National Insurance Commission (NIC), to put together a claims payment database to boost confidence in the industry, educate the public on the huge sums that are paid as claims annually, and also check fraudulent claims payment.
To them...
Executive Chairman of the Angel Group of Companies, Dr. Kwaku Oteng, is the recipient of the coveted ‘fatum mutante honors’ - destiny changer honors - for his humanitarian efforts in the fight against COVID-19 in Ghana at the World Diplomatic COVID-19 Eminence honours in Accra recently.
Under the auspices of...
Management of the Ghana Airport Company Limited (GACL) has refuted claims by former President John Dramani Mahama that there are plans to cede a huge part of the airport to a Turkish company, TAV-Summa Consortium, under the guise of a management partnership agreement.
“Claims by Mr. Mahama that an investment...
The Ghana Association of Bankers (GAB) has estimated that about GH¢102million has been forfeited by commercial banks in the country through various measures they have introduced to give some relief for customers due to impact of Coronavirus pandemic on the country.
According to the association, all 23 universal banks in...
...but says special funding mechanism required
While electricity tariffs from conventional generation sources will continue to rise, the cost of renewable energy, particularly solar, is declining and becoming an increasingly competitive alternative for businesses, an expert has observed.
According Kwabena Otu-Danquah, Technical Expert at GFA Consulting Group, tariffs from conventional sources...