In years past, diseases engendered by microscopic organisms have taken their toll on this perpetually mutant human species. Like the event of 9/11 and its subsequent effect on policies and hightened security around the world, history is littered with many such adversities that have woken up the genius in...
The essence of keeping Ghana's sea port open is to ensure the nation’s economic survival in terms of revenue mobilization, hence the relevance of continues cargo clearing at the port amidst ongoing temporary restrictions on movements of persons in the wake of COVID-19 pandemic . Port users are being encouraged...
A professor in supply chain and logistics management, Douglas Boateng has urged government to enhance its strategies to ensure that many more COVID-19 patients recover as it will serve as the bedrock to attract investments in the near future. According to him, government must introduce measures to enhance the collection...
Consumers can expect fuel prices to drop to as low as GH¢3.5 per litre if international oil prices remain in the US$20-US$25/bbl range, and GH¢4 per litre if prices rise to the US$30 - US$35 range, a former Chief Executive Officer of the country’s petroleum downstream regulator has projected. Alex...
The World Bank has said that measures such as lockdowns used to curb the spread of the coronavirus pandemic by many advanced countries may not work in Africa, hence, the need for governments to design a model that will suit their systems. Some African countries including Ghana have resorted to...
The Ghana COVID-19 Private Sector Fund, a private sector-led initiative, has set out a major plan to construct a 100-bed COVID-19 treatment and isolation facility to complement government efforts to contain the coronavirus. Construction work on the new facility was expected to commence yesterday, Tuesday, April 14, 2020, and is...
The Ghana COVID-19 Private Sector Fund has supported 10,000 Kayayei in Accra and Kumasi with 140,000 food packs and other essentials to lessen the effects of the two-week lockdown due to the spread of the virus. The Private Sector Fund fed Kayayei with one hot meal a day for the...
…may send some countries into debt-distress With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of fiscal revenue - leaving African countries at the mercy of...
While oil contribution to government revenue is expected to drop by nearly US$600million, the sector's total contribution to Gross Domestic Product (GDP) is set to drop by US$2.5billion this year, according to Alex Mould, a former Chief Executive Officer of the Ghana National Petroleum Company (GNPC) and National Petroleum...
Growth in sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak, and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020 - the first recession in the region over the past 25 years according to the latest Africa’s Pulse, the World...