The attention of Management of the Ghana Revenue Authority has been drawn to media reports that appear to indicate that the Tema Collection of the Customs Division failed to meet its revenue target by 45% due to the deployment of the Integrated Customs Management System (ICUMS) at the Terna...
Local pharmaceutical manufacturers want the imposition of restrictions on the importation of basic drugs that are being produced in the country, so as to promote the local industry and make the vision of ‘Ghana beyond Aid’ a reality. Indeed, the impact of COVID-19 on the economy and the realization that...
In a unique move to build the digital capacities of job seekers, the Ghanaian-German Centre for Jobs, Migration and Reintegration (GGC), in collaboration with the Ministry of Employment and Labour Relations, has launched another flagship programme - ICT Skills Training for Students and Job Seekers. This programme is expected to...
The corporate social responsibility arm of Newmont Ahafo Mine, Newmont Ahafo Development Foundation (NADeF), has donated basic personal protection equipment (PPE) to seven health facilities in its operational area to help fight against coronavirus (COVID-19). The PPE, valued at GH¢48,696 comprised of 100 gallons of hand sanitizers (5L), 5,000 pieces...
While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined US$130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries...
Vodafone Ghana Foundation, the charity arm of Vodafone Ghana, has organised a virtual ceremony to launch its annual Homecoming initiative. The virtual launch formed part of efforts to herald the three-phase Homecoming initiative aimed at bringing relief to many patients who are in financial distress at some medical facilities...
For most financial institutions globally, 2020 Financial Year (FY2020) is likely to be described as a year of abysmal performance, an outlier which caste malignant spell on important financial indicators, especially liquidity and profitability. Unavoidably, Microfinance Institutions (MFIs) are spared by this imminent spell. This is because; MFIs predominantly...
Prudential Life Insurance has announced a partnership with three institutions; United Way Ghana, United Nations Population Fund (UNFPA) and the School of Languages, University of Ghana to fund projects that are set to impact over 23,000 Ghanaians. United Way Ghana is bringing together local expertise in the fields of education,...
Quantitative Easing (QE) is another form of expansionary monetary policy in which the Central Bank of a country purchases a large number of financial assets, such as bonds, from commercial banks and other financial institutions. The purchase of these assets in large amounts increases the excess reserves held by...
The enterprise unit of Vodafone Ghana, Vodafone Business has launched Business Runway Webinar Series to empower Small and Medium Scale Enterprise (SMEs) with the requisite skills, insights and opportunities that will enable them manage and build thriving businesses. The knowledge-sharing platform, which is also aimed at building the capacities of...