Businesses all over the world have been impacted negatively by the coronavirus. For some businesses, waiting for the wounds created by the virus to totally heal before resuming operations will rather lead to their collapse. So, some of them, including startups, have started finding opportunities in the challenges of...
African Students for Interfaith Tolerance (ASFIT) have presented assorted Personal Protective Equipment and other items to the needy and old-age people resident in Walewale and its surrounding communities within the North East Region. The items included hand sanitisers, detergents, boxes of nose masks, foodstuffs and soft drinks which were presented to the elderly and needy people, and were part of a broader...
A civil society organisation, Mass Action Committee (MAC), is urging government to suspend the UNIPASS implementation project to allow further consultations and due diligence in order to avoid revenue losses to the country. Government, as part of its efforts to maximise revenue from international trade, conceived the idea of having...
Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on completing the acquisition of Occidental’s other assets in Algeria, the French energy company said on Monday. The deal was part of an US$8.8billion agreement reached between Total and Occidental to take over Anadarko’s...
The Ghana Association of Bankers (GAB) has donated family food packs to be distributed to needy Muslim families through the Zakat & Sadaqa Trust Fund, an NGO based at Accra New Town. In all, 6,500 food packs worth GH¢1 million containing beans, gari, tomato paste, cooking oil, rice, salt, sugar,...
Unprecedented crisis could push up to 60 million into extreme poverty The World Bank Group has announced that its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population. Since March, the Bank Group has rapidly delivered record levels of support...
 MTN Ghana has presented food items to the Muslim community in support of this year’s Ramadan fasting. The items were presented to the National Chief Imam and three regional Imams in the Ashanti, Western and Northern Regions. The items donated comprised bags of rice, cartons of cooking oil, bags of...
The Ghana Association of Bankers has appointed Mr. John Awuah as Deputy Chief Executive Officer of the Association, and he will eventually take over from the current Chief Executive Officer, Mr. D.K. Mensah, when the latter retires later in the year. Prior to his appointment, Mr. Awuah was the Managing...
…following BoG’s earlier policy rate cut After staying virtually flat for about a year and a half, the average lending rate of banks has started to show signs of decline in April after the Bank of Ghana reduced the monetary policy rate the month before. The Summary of Economic and Financial...
The local oil palm industry has hailed government’s decision to bring back duties on imported vegetable oil, as it has taken out unfair competition which nearly led to major lay-offs in the sector. Government announced a reduction in the benchmark valuation of imports effective April 4, 2019 - a policy...