The country’s total revenue for July 2020 has showed significant improvement, even surpassing the target, amid lingering pressures from the coronavirus pandemic which have led to deceased economic activity.
Data from the Bank of Ghana’s Monetary Policy Committee (MPC) report show that total revenue and grants for July exceeded the...
Ecobank, last Friday, organised a regional webinar to strengthen its stand against Non-Communicable Diseases, focusing on Diabetes, across 5 countries within West Africa, covering; Ghana, Gambia, Liberia, Sierra Leone and Guinea.
The regional webinar, which formed part of the bank’s program of activities to commemorate the 2020 Ecobank Day, brought...
The Vice-President, Dr. Mahamudu Bawumia, has launched the Integrated ICT System that automates all the operations of the Microfinance and Small Loans Centre (MASLOC) in the country.
He said this is an information technology solution that will address payment and the settlement challenges of MASLOC and bring an air of...
The Association of Ghana Industries (AGI) has applauded government and the Public Utilities Regulatory Commission (PURC) for taking the bold decision to bring down the cost of power for both residential and non-residential consumers.
The association, in a statement signed by its president Dr. Yaw Adu Gyamfi, expressed optimism that...
The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future. Social distancing measures threaten jobs requiring physical presence at the workplace or face-to-face interactions. Those unable...
Plans by the Bank of Ghana to introduce digital currency called the e-cedi has been welcomed by Andrew Takyoi-Appiah, Managing Director of Africa’s leading challenger Fintech, Zeepay, as evolutionary, especially, at a time the global financial system is struggling to emerge from the devastations left behind by the deadly...
There have been calls from many Civil Society Organizations and governance expert on the need to reform internal auditing in the Public Service to protect the public purse. The Auditor-General, Mr. Daniel Dormelevo recently said Internal Auditors (IA) need autonomy to end corruption in the public sector. He emphasized...
Rising inflation weighs on Cedi
The Cedi strengthened marginally against the dollar this week, trading at 7.035, recovering from a record low 7.060 at the end of last week. Inflation ticked higher in February to 15.7% from 13.9% in January as a result of rising food prices, exacerbated by Russia’s...
Labour Expert, Austin Gamey has said that the current status quo where the inflation rate is a key determinant in the adjustment of public sector salary needs to change.
According to him, the mode of adjustment being practiced in the country does not only deviate from international standards but also breeds...
World Travel Awards “The Hospitality Oscar” was established in 1993 and has been globally recognized as the most prestigious and influential honours programmes acknowledging outstanding global travel and tourism industry players who push the boundaries of industry excellence.
Winners are selected through a strict process by travel and tourism professionals...