The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
Standard Chartered Bank Ghana Limited, has held its 2019 Annual General Meeting (AGM) on the backdrop of being awarded Africa’s Best Bank for Transformation at the prestigious Euromoney Awards for Excellence 2020 that recognized the top financial institutions in banking and capital markets globally.
At the AGM to present the...
Prudential Life Insurance has announced a partnership with three institutions; United Way Ghana, United Nations Population Fund (UNFPA) and the School of Languages, University of Ghana to fund projects that are set to impact over 23,000 Ghanaians.
United Way Ghana is bringing together local expertise in the fields of education,...
MTN Ghana Foundation has completed screening applications for its Bright Scholarship scheme for tertiary students for the 2020/2021 academic year.
A total of 1,180 applications were received out of which 184 applicants were shortlisted for the final batch of the Scholarship. The shortlisted applicants comprised 134 males and 52 females...
The Consolidated Bank Ghana (CBG), acting through a directive from the Ministry of Finance, will be supporting seven State-Owned Enterprises (SoE) with some GH¢312 million to stabilize their operations, especially pay workers’ remuneration as the Coronavirus has impacted their finances adversely.
The credit facility is a government-guaranteed concessionary credit with...
…proposal goes to prez this week
The Ministry of Aviation would be sending a comprehensive proposal to the President this week on how it plans to reopen the nation’s air borders. The proposal has a detailed plan, recommending a number of scenarios, impact analysis and control mechanism that can be...
Government’s GH¢100 billion COVID-19 Alleviation and Revitalisation Enterprises Support (CARES) programme aimed at stimulating large industries to enhance job creation and foster economic revival must be properly managed or risk further shooting up the debt stock, global auditing giant Deloitte has said.
The country’s public debt stock has increased to...
The firm price of gold in the face of the Coronavirus pandemic offers significant hope to the economy, a former Chief Executive Officer of the Minerals Commission, Dr. Toni Aubynn, has said.
Speaking during a webinar on how mining could help to mitigate the adverse impact of the pandemic on African...
The Chief Justice, Kwasi Anin-Yeboah, has approved the establishment of a creative arts court to deal with all pending and future arbitrations concerning the industry in an expeditious manner, to protect the rights and interests of creative art practitioners.
Announcing the decision, the Minister for Tourism, Arts and Culture, Barbara Oteng-Gyasi,...
It has come to the notice of the management of Mole Motel Company Limited that your widely read Business & Financial Times published a report authored by one Samuel Sam on the above subject "NEDco clamps down on power theft in the Northern and Savannah Regions". According to the...