While two sectors, industry and services, were decimated by the impact of the coronavirus pandemic as they experienced contraction of 5.7 percent and 2.6 percent respectively, agriculture rather saw a growth of 2.5 percent in the second quarter, according to data released by the Ghana Statistical Service (GSS). The agriculture...
If there is any sector that suffered hugely under the COVID-19 pandemic, then it is the tourism and hospitality sector. To this end, the Ghana Hotels Association (GHA) is bemoaning neglect from the government, saying that even though there were several interventions announced to support the business community, many of...
Debt accumulation and sustainability relative to gross domestic product (GDP) in Ghana’s economy have been a major concern to a cross-section of citizens, economic, and financial analysts in recent years. The debt-to-GDP ratios recorded by Ghana in recent years are as follows: 2012 = 35.58%; 2013 = 43.22%; 2014 =...
Not one to let disruptive circumstances slow him down, former president of Nigeria and Eminent Fellow of the African Youth and Governance Convergence (AYGC), Olusegun Obasanjo, graced what has been termed as the Biggest Convergence of Africa’s Youth with words of wisdom. As the Keynote Speaker for this year’s AYGC...
… who is set to deliver? Energy plays a critical role in contributing to economic growth in two ways. First, energy is globally considered as an essential sector of the economy through the process of creating jobs and value by transforming and distributing energy goods and services. Second, energy underpins the...
The Ghana Institute of Freight Forwarders (GIFF), has urged government to review aspects of the current law pertaining to fees charged at the ports as a result of delays in the clearance of goods to reduce cost. Mr Edward Tetteh-Owusu Akrong, the President of (GIFF), who made the call, said...
The Hogbe Institute, has postponed this year’s Anlo Hogbetsotso-Za after consultation with the Local Organising Committee of the annual festival. The postponement, which is due to concerns for public health and safety following the Covid-19 pandemic that has hit the country since early this year, also has the support of...
Delta Air Lines is resuming operations from Accra to New York JFK. Effective September 25, the airline will operate daily nonstop service for the very first time between the two cities.  In the run up to daily service, the airline will fly four times a week with departures on...
Climate change and climate variability pose serious challenges to national development, especially agriculture - which is the backbone of the country’s economy. Climate change leads to increases in temperatures, changes in precipitation patterns, changes in extreme weather conditions, and reductions in water availability - all resulting in reduction of agricultural...
Ecobank, in partnership with the Registrar General, has sensitized businesses on the Companies Re-Registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September 16, 2020 for over 2,000 participants, is part of the bank’s efforts to support and provide convenient solutions...