Even though the country’s stock market has also been badly hit by the coronavirus pandemic and plunge it into abysmal form, market watcher SEM Capital Advisors Limited says the falling share prices present a good opportunity for investors who are looking to the future and want to increase their...
Plans are far-advanced by the central government to turn the Oti Landfill in Kumasi, Ashanti Region into a modern waste treatment facility. In line with that, the Ministry of Sanitation and Water Resources (MSWR) has contracted leading waste management company, Zoomlion Ghana Limited, through EAP Consult, to execute the project. This...
Chairman of the Pilot Implementation Committee of the Cylinder Recirculation Model, Kweku Agyeman Duah, says the decision to switch from the current model of gas purchase to a door to door model, otherwise known as the CRM, will succeed despite the challenges so far encountered. Speaking at the launch of...
The Kimathi Kuenyehia Foundation and the Moremi Initiative for Women’s Leadership in Africa have announced the winners of the 2019 Kimathi Kuenyehia-MiLEAD reading prize. A joint initiative of the two institutions launched in 2015, with the primary goal of encouraging good reading habits among the young women leaders in...
AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long Term Issuer Credit Rating of ‘bbb-’ to WAICA Reinsurance Corporation PLC (WAICA Re, Sierra Leone). The outlook assigned to these Credit Ratings is stable. The ratings reflect WAICA Re’s balance sheet strength, which AM Best categorises...
The Economic Governance Platform has participated in an International Monetary Fund (IMF) Webinar  titled ‘Promoting Effective Use of COVID-19 Finances in Africa: An IMF Discussion with African CSOs’. The expectations of this conference were to critically examine the IMFs support to help countries cope with the COVID-19 pandemic; to ignite...
The Public Interest Accountability Committee (PIAC) has urged the Bank of Ghana and Ministry of Finance to consider broadening the qualifying investment instruments in order to diversify Ghana Petroleum Funds (GPFs) investments in both low and high risk portfolios to maximise returns. As it stands now, the Petroleum Revenue Management...
Ghana and Mexico have committed to deepening bilateral relations between the two countries. At the second Bilateral Political Consultations meeting that was co-chaired by Charles Owiredu - Deputy Minister for Foreign Affairs and Regional Integration of Ghana, and Amb. Julian Ventura, Deputy Secretary of Foreign Affairs of Mexico, both countries...
Science-based Technology Company 3M, together with not-for-profit organisation United Way (UW) Worldwide, has supported relief projects across Europe, the Middle East and Africa (EMEA) that are helping the most vulnerable people in society impacted by the COVID-19 crisis. Ghana is one of twelve countries across EMEA receiving a share of...
...as 450 local workers face job losses The country's bid to ensure that locals play a key role in the oil and gas industry is set to face major setbacks due to disruption caused by the Coronavirus pandemic and the collapse in oil prices. The industry, over the past six years,...