GCB Bank Limited last Tuesday began providing meals for 500 doctors and frontline health services staff as part of its commitment to the fight against coronavirus (COVID-19) on a daily basis. The bank, under an arrangement with some private suppliers and catering services companies, is offering nutritious meals, water and...
As the corporate world rises to the challenge of helping combat the deadly coronavirus pandemic, Access Bank Ghana has taken steps to ensure it is contributing its widow’s mite to the fight. The bank has donated a fully-equipped ambulance to the University of Professional Studies, Accra (UPSA) to improve health...
Deloitte Ghana has appointed Daniel Kwadwo Owusu as its new Country Managing Partner, effective 1 June 2020. Daniel takes over the leadership from Charles Larbi–Odam, who will retire from Deloitte at the end of the financial year, 31 May 2020. Charles has served Deloitte with distinction for 20 years and has...
Letshego Ghana Savings and Loans, a subsidiary of the pan-African lender, Letshego Group, with a presence in 11 sub Saharan markets, is taking proactive steps to support its customers through the emerging economic challenges caused by the Coronavirus pandemic. Letshego has granted payment holidays to educational institutions in its loan...
The World Bank has advised African governments to keep their trade borders open for business despite the coronavirus outbreak, in order to ensure the free flow of medical supplies, food and other essentials which will aid the fight against the pandemic. According to the Bretton Woods institution, as of the...
The general price levels of goods and services for March 2020 has, for the first time in memorable history, stood still for three consecutive months, maintaining the 7.8 percent it recorded for the past two months, Ghana Statistical Service (GSS) data has shown. This means that inflation has remained unchanged...
Consolidated Bank Ghana (CBG), has provided food items to over a thousand people in different communities affected by the partial lockdown. The gesture was in fulfilment of the Bank’s pledge to support the fight against the spread of the corona virus in Ghana. The food items which included bags of...
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...
First National Bank Ghana Limited is introducing a raft of relief packages to help both individual and corporate customers against the economic impact of the COVID-19 pandemic. “Long before the first case of COVID-19 was detected in Ghana, many analysts had predicted that the pandemic would adversely impact Ghanaian businesses...
…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...