Consumers of petrol and diesel should expect a further drop in price at the pump as the price of crude on the world market continue to fall, the Institute for Energy Security, predicts. In its May, 2020 pricing window forecast, IES notes that going by the 13.05 percent reduction in...
The African Export-Import Bank (Afreximbank) has announced a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President Prof. Benedict Oramah, who made the announcement in Cairo, said that the grant was in response to a request by African heads of state, through the auspices of the African Union...
Invest in Africa (IIA), a private sector-led initiative focused on growing local businesses in sub-Saharan Africa, has taken the decision to make its membership-based services offering COVID-19 support free to any small or medium-sized business (SME) in Africa. The new ‘COVID-19 SME Survival Toolkit’ includes webinars, practical guides, solutions and...
The Pharmacists Forum has called on Prof. Samuel Ato Duncan, the Chief Executive Officer of COA Herbal Centre, to work with the Food and Drugs Authority to fix the problem of products contamination rather than fighting the issue in the media. In a statement, the Pharmacists Forum said drug-recalls all...
The Ghana Ports and Habours Authority (GPHA) has waived all rent and related charges for transit cargo - goods bound for another country but discharged in Ghana - that overstayed at various transit yards due to challenges of the COVID-19 lockdown. Several trucks with transit cargo that overstayed at GPHA...
The Chartered Institute of Marketing, Ghana (CIMG) has made a cash donation of GHS40,000.00 and quantities of Water, Hand Sanitizers and essential medications to the COVID-19 National Trust Fund. This donation is in line with the Institute’s Corporate Social Responsibility and public advocacy programmes. The donation was made through the...
Biggest telecom service provider, MTN Ghana, has posted a 20.6 percent growth in revenue in the first quarter from GH¢1.2 billion in March, 2019 to GH¢1.44 billion in March, 2020. According to the company’s unaudited first quarter financials, MTN withstood COVID-19 induced challenges to record the stellar performance. “Voice growth was...
Two students at NIIT Ghana, Augustine Danso and Bentil Shadrack, have developed an application to aid in the fight against COVID-19. The application is a self-diagnosis question screener for those experiencing any COVID-19 symptoms. The app then providers the user with advice on what to do next. According to the...
MTN Ghana is set to pay a total of GH¢368.7 million to shareholders in interim dividend for the first quarter of 2020. In its unaudited first quarter financial statement, MTN declared a profit after tax of GH¢349.7million as at March 2020, a 62.1 percent increment from GH¢215.8 million in March,...
Abosso Goldfields Limited (Damang mine), a subsidiary of Gold Fields Ghana, has donated personal protective equipment (PPE) to the Prestea Huni-Valley Municipal Assembly at Bogoso to support the fight against Covid-19 in the mine’s host communities. The PPEs include 21,420 pairs of gloves, 11,240 N95 and surgical face masks, 16,424...