A Clinical Psychologist, Dr. Dzifa Abra Attah, has advised the youth to gain a firm control over the uncertainties surrounding the COVID 19 pandemic. While admitting that the pandemic presented a very challenging time for individuals, especially the youth, she said they had the ability to adjust to changes...
Key findings of Ghana PMI New orders rise, but companies continue to lower activity Employment scaled back again, but at a reduced pace Purchase costs increase at the fastest rate since January Business conditions in Ghana's private sector were broadly stable again in July, mirroring the picture seen in June,...
Banks in the country are ready to finance projects and programmes in the private and public sectors with potential to revive the economy irrespective of COVID-19 prevalence, panellists at the fifth edition of the B&FT-organised Ghana’s Most Respected CEOs Breakfast Series, have said. The panel, made up of bankers, economists...
Country Managing Partner for Deloitte Ghana, Daniel Kwadwo Owusu, has said that with the end of COVID-19 still unknown, banks need to capitalise on new opportunities and innovations to take decisions which guarantee their survival amid and beyond the pandemic. Speaking in a live conversation on the Ghana’s Most Respected...
Banks are still waiting on the Central bank to offer specific guidelines on the measures introduced - including reduction in interest rates and reserve requirements to combat impacts of the Coronavirus pandemic, since being without timelines and durations makes planning difficult. Despite their introduction in March, 2020 - with banks...
The Board of Directors of the African Development Fund (ADF) has approved a US$69million grant to support Ghana’s efforts in tackling the COVID-19 pandemic and to mitigate its socio-economic impact on the nation. The grant from the ADF, the concessional arm of the African Development Bank, will provide fiscal budget...
The overall impact of National Service Scheme (NSS) on the economy of Ghana can never be over-emphasized. The truth of the matter is that many young graduates have in one way or the other served the country and that cannot be taken for granted. In my final year in...
A new COVID-19 Business Tracker Survey conducted by the Ghana Statistical Service (GSS), in collaboration with the United Nations Development Programme (UNDP) and the World Bank, demonstrates the considerable impacts on Ghanaian businesses as a result of the pandemic outbreak. It forced many firms to cut costs by reducing staff...
Finance Minister Ken Ofori Atta is optimistic that the projected tax-to-GDP of 20 percent from the current 13 percent will materialise if government increases revenue mobilisation and harnesses a digitalised economy. This, the minister said, when attained will enable government to raise funds to support the recently announced GH¢100billion Ghana...
Over 600 Ghanaian seafarers are stranded abroad due to the Coronavirus pandemic which has led to partial boarder closures globally, data from maritime services provider, Schulte Maritime Services Ghana (SMSG) - a wholly-owned subsidiary of the Schulte Group - has shown. According to the data, these Ghanaians who embarked on seafaring activities to...