New Crystal Health Services (NCHS) is supporting the fight against COVID-19 by helping corporate organisations roll out plans to better manage their employees amid the pandemic. It seeks to provide services ranging from workplace safety protocols to screening and testing employees. The move is to enable organisations resume full...
The Chief Executive Officer (CEO) of Ghana Cocoa Board(Cocobod), Mr. Joseph Boahene Aidoo, has hinted at conclusive discussions with President Nana Akufo-Addo to increase the price of cocoa in the coming months this year. Currently, government buys one bag of cocoa beans from farmers at GH¢515. The CEO said since the...
African leaders have been cautioned to be circumspect with debt forgiveness calls, as they have a great tendency to not only disturb the bond market but also make it difficult for a successful future bond issuance by African countries. Calls are rife that with the havoc caused to African countries...
While other financial institutions are lamenting the negative impacts on their operations resulting from COVID-19, rural banks are fortunate to be on the other side - recording a surge in deposits. Board Chairman for Okomfo Anokye Rural Bank-Kumasi, Kennedy Obiri-Yeboah, has stated that his rural bank actually experienced an increase...
It is an undeniable fact that the current COVID-19 pandemic has produced retrogressive effects on all spheres of economic endeavors. Like the celebrated American Judge Benjamin Cardozo stated “danger invites rescue”. The cry of distress is the summons to relief and a burden has been placed on all policymakers...
President Obama’s chief of staff, Rahm Emanuel once said “you never want a serious crisis to go to waste. It provides the opportunity to do things that were not possible to do before”. When the COVID-19 crisis hit the global north the fear was that it would be most...
The President, Nana Addo Dankwa Akufo-Addo, has assured that the health status of all students returning to school this week would be prioritised even as the cases of COVID-19 continue to rise. In his regular address to the nation on COVID-19, he stressed that all efforts are been undertaken to...
A senior lecturer at the Department of Human Resource and Organisational Development, Kwame Nkrumah University Science and Technology, Dr. Hannah Vivian Osei, has urged organisations to adapt to the new normal by investing in virtual infrastructure that will help employees work from home. In an e-seminar organised by the University...
Just like every other sector, the country’s banking industry could not escape the devastating impact of the coronavirus pandemic, as new data from the regulator shows declining profit growth rate and escalation in operating expenses. The Banking Sector Report (May 2020) reveals that the industry’s profit-after-tax outturn was GH¢960.4 million...
African countries must look to their local and global bond markets to raise enough capital to reboot their economies, which have been severely ravaged by COVID-19, African banks bosses have noted. Group Chief Executive Officer (CEO) of Ecobank, Ade Ayeyemi and the CEO of Equity Group Holding, James Mwangi noted...