Losses drop from GH¢2bn to GH¢100m
looks to brighter future
The Volta River Authority (VRA) has reported a significant improvement in net losses year-on-year from about GH¢1.2billion to GH¢100million at the end of 2019, representing a 91.6 percent reduction.
The reduction is attributed to strategic actions such as the implementation...
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
… Over US$15m raked in so far by operator
Aviation consultant Sean Mendis has said that transparency issues which have recently engulfed the contract between the Ghana Airport Company Limited (GACL) (on behalf of government) and Frontier Healthcare Services have great potential to hurt the country’s international image - and...
Welcome to another week of financial learning.
Today's discussion will be a recap of my End of Year financial planning published last year.
We are now in the twelfth month of the year 2020! Hurray!!
The year 2020 has been a very challenging time for everyone due to the health pandemic the...
Yinson Production West Africa Limited (“YPWAL”) has donated a Biological Safety Cabinet worth USD4,600 to the National Public Health Reference Laboratory at the Korle-Bu Teaching Hospital in Accra, Ghana in support of the ongoing battle against the COVID-19 pandemic.
Additionally, YPWAL has pledged to provide the laboratory with USD4, 500...
The Alliance for Development and Industrialisation, (ADI) is asking the Ministry of Finance to make all needed resources available for the growth of agriculture.
These resources would strengthen the operations and output of farmers under the Planting for Food and Jobs (PFJ) programme so the country can be assured of...
The African Finance Ministers and the World Bank Group met on Monday to fast-track vaccine acquisition on the continent and avoid a third wave. In a boost to the African Union’s target to vaccinate 60% of the continent’s population by 2022, the World Bank and the AU announced that...
In an attempt to support the fight against novel coronavirus (COVID-19) in the country, the Eusbett Group of Companies in Sunyani has donated assorted items to the Ghana Prisons Service in Sunyani and Sunyani Divisional Police Station.
The items, estimated at over GH¢20,000, among others are expected to help the...
President Akufo-Addo has lifted the ban on restrictions on movement in the areas where lockdown was imposed three weeks ago.
The decision, the President noted, is due to the rigorous exercise the country has undertaken to conduct aggressive contacts tracing to prevent the spread of Coronavirus in the country.
“In view...
Government Statistician, Prof. Samuel Kobina Annim, is making a strong case for more attention to be paid to the microfinance sector as statistics show that it is the best avenue to bridge financial exclusion.
Data from the Ghana Statistical Service show that 2 out of 5 people living in the...