The United Nations proclaimed May 22 The International Day for Biological Diversity (IDB) to increase understanding and awareness of biodiversity issues.
Globally, around 25% of all animal and plant species are threatened with extinction. Nowadays, while gaps in knowledge still exist - particularly with regard to the interlinkages among nature’s...
—But not as we know it
After the nightmare of the Second World War, economies of Western Europe were on their knees. And so on 3rd April, 1948, the United States launched an economic recovery programme unprecedented in its ambition. Over the next four years, the U.S. would extend...
COVID-19 and its enormous economic repercussions on Africa is putting serious strain on the continent’s Sovereign Wealth Funds – which collectively hold some US$87billion in assets under management.
Experts at advisory firm Konfidants - which publishes the African Sovereign Wealth Funds Index – are projecting that COVID-19 could result in...
Three new trawlers have arrived in Ghana from China and been registered to the Ghanaian flag, despite a moratorium on new fishing vessels. Government’s own Fisheries Management Plan states that 48 trawlers are the most that the fishery can sustain, yet 76 trawlers were licenced at the end of...
MSC Altair berthed at Terminal 3 of Tema Port declaring a total throughput of 4,344 TEUs (Twenty Equivalent Unit) to be discharged and loaded. The Terminal Operations were completed with 3,290 crane moves in 29.5 hours, making a new record of 111.4 moves per hour against 103.9 recorded in...
... 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...
Finance Minister, Ken Ofori-Atta has said government will fast-track the process for establishing a National Development Bank (NBD) to help in the economy’s quick recovery post COVID-19.
“We are positioning the newest Development Bank of Ghana to be a critical element of our post-recovery strategy for rapid industrialisation and agriculture...
…small scale agribusinesses suffered largest revenue shortfall
Agribusinesses, on average, have lost 61.2 percent of monthly revenues as a result of COVID-19, the Agribusiness Sector Survey Report 2020, authored by the Chamber of Agribusiness Ghana (CAG) - an apex body for coordinating agricultural sector players in the country - has...
Atwima Kwanwoma Rural Bank Limited at Pakyi No2 in the Ashanti Region has designed some credit relief packages for clients to cushion them in coping with effects of the COVID-19 pandemic
The offers include tenor extensions and deferment on eligible loans for clients in vulnerable sectors highly impacted by the...
1. Introduction
The Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020 curiously puts the end-March 2020 public debt at 59.3 percent. Since the 2019 Debt Report and the IMF show the end-2019 debt level as 63 percent, it is unlikely to decline substantially to 59.3 percent....