When I postulated the digital economy in Africa in 2013 as a precursor to becoming a fulltime angel investor and subsequently writing about its KINGS in 2016, it never crossed my mind that in 2020 COVID-19 would be the SPEEDING agent. Who could have predicted COVID-19 except Bill Gates...
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...
The Ghana COVID-19 Private Sector Fund has supported 10,000 Kayayei in Accra and Kumasi with 140,000 food packs and other essentials to lessen the effects of the two-week lockdown due to the spread of the virus.
The Private Sector Fund fed Kayayei with one hot meal a day for the...
The Covid-19 National Trust Fund set up by the President to support government’s effort in curbing the spread of the coronavirus pandemic has received a GH₵250,000 support from Diamond Cement Group.
The Cement manufacturing Company presented a cash cheque of GH₵100,000 to the fund and in addition a total of...
Harlequin Oil and Gas (HOG), a leading, fully Ghanaian owned Fabrication, Hydraulics and General Engineering Services Company has been adjudged “Local Content Achievement Company of the Year 2020” by The Oil and Gas Year (TOGY), the most prestigious oil & gas journal with global footprints.
The award recognised the importance...
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...
…may send some countries into debt-distress
With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of fiscal revenue - leaving African countries at the mercy of...
Zenith Bank Ghana Limited has donated GH¢1,000,000 to the COVID-19 Fund established by the government of Ghana, to complement its fight against the virus and assist in ensuring the welfare of needy and vulnerable persons in society.
Officials of the bank presented the amount at the Ministry of Information press...
Despite the growing threat of COVID-19 to virtually all aspects of business and the economy, the Ghana Cocoa Board (COCOBOD) has given the strongest assurance that its annual cocoa syndication loan facility will go ahead without any hitches.
Joseph Boahen Aidoo, CEO of COCOBOD, assured farmers and other industry stakeholders...