Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant...
There are records at the Ministry of Finance and the Ministry of Trade and Industry which clearly indicates that the Government of Ghana took a decision to deploy the UNI-PASS single window service to address the issues arising from the transition from the existing Customs Management System to a...
The country’s total output for last year has shown a marginal improved growth over that of 2018, as figures from the Ghana Statistical Service (GSS) indicate the economy grew by 6.5 percent - largely driven, once again, by oil. This is a 0.2 percentage point higher than the 2018 growth,...
An expert in supply and value chain management, Professor Douglas Boateng, has intimated that the best way to fight the coronavirus (COVID-19) is to tailor-make solutions to complement the economic architecture of a country. According to him, globally, there is no ‘one size fits all’ strategy answer to the pandemic....
The Ghana Union of Traders Association (GUTA) is unhappy with the Ghana Shippers’ Authority over modalities being used to implement the directives to waive demurrage and rent charges. The Ghana Shippers’ Authority has sent a notice to all its stakeholders that the directive to waive demurrage and rent charges at...
The President, Nana Addo Dankwa Akufo-Addo, has cut sod for the construction of the first ever 100-bed Isolation and Treatment Facility in the country funded by the COVID-19 Private Sector Fund. The project, which is located at the Ga East Municipal Hospital and Ghana’s National Coronavirus Treatment Centre, is going...
SMT Ghana has launched the Volvo CareTrackTM telematics system for remote monitoring of Volvo machines for increased productivity and business value. The new technology will help Volvo machine owners to remotely monitor machine location, fuel consumption, and time for the next service. Mr. Leonardo Aguiar, Technical Director at SMT Ghana,...
Absa Bank Ghana has partnered the University of Ghana Career and Counselling Centre (UGCCC) to provide online learnings for all their final year undergraduate students through the bank’s ReadyToWork e-learning programme. The partnership which is in line with Absa Bank Ghana’s Education and Skills Development programme under its Force for...
The Juaben Circuit Court on Monday, April 20, 2020, granted bail of GH¢10,000 with a surety of permanent residence to Nana Osei Bonsu, who allegedly forged the letterhead of the National Entrepreneurship and Innovation Programme (NEIP) with names of fake beneficiaries. The suspect, Osei Bonsu, is said to have created...
The Nkoranman Rural Bank Limited at Seikwa in the Tain District of Bono Region has donated sanitary items to various institutions across its catchment area to help stem the spread of the novel coronavirus pandemic. The items, estimated at GH¢10,000 were made up of 25 veronica buckets and accessories, 25...