Central banking in emerging markets has undergone a quiet revolution during the COVID-19 pandemic. Unlike in past crises, they have been able to mimic what central banks in advanced economies have been implementing: counter-cyclical policies with quantitative easing (QE), local-currency asset purchases, interest-rate cuts, and monetization of government deficits.
In...
Universal Merchant Bank (UMB) organised its maiden virtual edition of the annual SME Clinic for over two hundred of its SME customers across different business sectors on the theme, “Running a Successful SME Business in a Disruptive Environment”.
The Chief Executive of UMB, Mr. Benjamin Amenumey stressed on the Bank’s...
It is first and local. The people of Prampram and its environs will no longer have to trek long distances in search of basic essentials for their homes, because the newly opened mall, Nkunim Grocery Store, has started operating starting Saturday.
Located opposite the water company, the store has all...
Amid a global pandemic, unprecedented needs and growing insecurity, aid workers and health care responders are staying and delivering to the world’s most vulnerable people
Last year was the most violent on record for humanitarians with 483 attacked, 125 killed, 234 wounded and 124 kidnapped. The UN condemns...
The results of Ghana’s COVID-19 Business Tracker Survey has demonstrated the coronavirus pandemic’s impact on businesses and jobs. The findings reveal that an estimated 30,000 businesses were closed during the country’s partial lockdown in Accra and Kumasi, and 85,000 businesses remained closed nationwide after the lockdown. In addition, the...
… AfCFTA’s long term success linked to a change in African women buying behaviours
Female buying power has been on the increase for decades as women have come to dominate the consumer landscape as earners, buyers and influencers. Yet, little is known about the impact of women’s consumer power on...
Standard Chartered Bank Ghana Limited, has been adjudged the Best Wealth Management Bank in Ghana by the UK-based Global Business Outlook Awards 2020, adding to the growing list of local and international awards won by the Bank this year.
Commenting on the awards, Setor Quashigah, Head, Wealth Management, Standard Chartered...
In a post-COVID-19 era, a major concern will be how to bring various economies around the world back to their feet through micro productivity.
In Africa, Agriculture remains the breadbasket of most economies including that of Ghana. According to the 2017 World Bank Sector Policy Note, Ghana's agricultural sector accounts...
Road transport is the most predominantly used mode of transportation in Ghana. It currently takes about 98% of freight and 95% of passenger traffic in Ghana. Busses popularly known as “trotro” are the main mode of commute which account for about 60% of passenger movement followed by taxis with...