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...
The announcement by the IMF Executive Board that US$1Billion loan under the RCF has been approved for Ghana is good news. However, this does not take away the fiscal, growth, debt management and international reserve realities for Ghana.
The IMF as an international financial institution has provided for countries to access, rapid credit...
Mining giant, Gold Fields Ghana, has committed more than US$830,000 to help fight the coronavirus pandemic in its operating areas in the Western Region and other parts of Ghana, according to a statement from the company.
Gold Fields, which operates the Tarkwa and Damang gold mines, says it has contributed...
Ghana has recorded 70 new cases of Coronavirus, increasing the total confirmed cases to 636 as of 3pm on Tuesday, 14th, April, 2020. Out of the total confirmed cases, the country has also recorded 17 recoveries with eight deaths.
For the past two weeks, some parts of the country that...
GLICO, the one-stop shop for insurance and financial services in Ghana, has donated various essential items to the Ghana Prisons Service to assist in measures taken to prevent spread of COVID-19.
The essential items included large quantities of Veronica-buckets, gallons of hand-sanitisers, boxes of vitamin C tablets and thermometer guns.
In...
Growth in sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak, and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020 - the first recession in the region over the past 25 years according to the latest Africa’s Pulse, the World...
The Ghana Statistical Service (GSS) in collaboration with the United Nations Development Programme (UNDP) has rolled out a Business Tracker, which is an online survey targetting businesses with the aim of assessing the socio-economic impact of COVID-19 in Ghana.
The study will also assess measures put in place by businesses...
Gov’t set to absorb GH¢1bn monthly
IPPs owed US$1.5bn
Experts describe move as ‘poorly thought'
Government’s decision to take up 50 percent of electricity bills for residential, commercial and industrial users and free electricity for the poor for the next three months, according to energy and power experts,...
- calls for concerted efforts towards tackling the virus
The President of the National House of Chiefs, Togbe Afede XIV, has urged traditional and religious leaders to support the national efforts toward stopping and containing the coronavirus (COVID-19) pandemic, in the country.
He said while the role of both traditional and...