At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities. African countries, at just such a crisis point as a result of the novel coronavirus, face three possible outcomes post-pandemic: play catch-up, stand still or fall even...
The Ministry for Fisheries and Aquaculture Development has distributed 300 outboard motors to fishermen in the Western Region.
With these subsidized outboard motors, the government and fishermen share the cost equally and it is to support the livelihood of the fishers and the fishing communities
Mrs. Elizabeth Afoley Quaye, Minister for...
Auditing firm, PricewaterhouseCoopers (PwC) has asked government to put in place measures to insulate the Coronavirus Alleviation and Revitalization of Enterprises Support (CARES) programme from any political risk and transcend regimes since it has the potential to place the economy on a sustainable growth path.
The Finance Minister announced in Parliament...
About 500 illegal miners operating on the concession of the Ghana Rubber Estate Limited (GREL) say they are not ready to stop the illegal activities they are engaged in since there are no jobs in the communities.
According to them, the 25acres of land they are mining on at ‘Mba...
Golden Star Resources (GSR) Limited, the gold mining company that owns and operates the Wassa and Prestea underground mines, has said the sale of its Bogoso-Prestea Gold Mine to Future Global Resources (FGR) for US$95million presents the best opportunity to focus all of the company’s attention on maximizing the...
Republic Bank Ghana Group, a subsidiary of Republic Financial Holdings Limited, posted a profit after tax of GH¢79.1 million for the year. This represented a year-on-year increase of 180.6 percent from the GH¢28.2 million registered in the same period last year.
According to manager of the bank, the profit position...
Of the GH¢21 billion used to ensure depositors’ funds are protected after the Bank of Ghana introduced reforms which led to the collapse of some financial institutions, just about one-tenth of that amount, or GH¢2 billion, has been recovered so far, leaving an astronomical GH¢19 billion yet to be...
The Monetary Policy Committee (MPC) of the central bank has again, unsurprisingly, maintained the policy rate as the ravages of the coronavirus pandemic have made it impossible for the rate to be cut for the private sector to have access to more affordable loans.
Ever since the Bank of Ghana...
World's first airline to offer its passengers free cover for COVID-19 medical expenses and quarantine costs, in a unique assurance when they fly to any destination, in any class of travel
Emirates customers can travel with confidence, as the airline will cover medical expenses of up to EUR 150,000 and...
Minister of Finance, Ken Ofori-Atta, has revealed in the 2020 mid-year budget review that government has released an amount of GH¢57,800,000 for the payment of nursing students allowance.
According to the Finance Minister, the stipulated amount is to cover the allowance of some 48,200 nursing students across various nursing training...