The Board of Directors of African Export-Import Bank (Afreximbank) has approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA).
This is a programme of credit facilities that the bank has developed to manage the impacts of the Ukraine crisis on African economies and businesses which...
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...
The government is upbeat about the mid-year revisions it has made to the 2023 budget following Ghana’s entry into a new IMF bailout programme. However, reality is not quite so bright. … examines the prospects offered by the first budgetary adjustments made under the country’s latest IMF programme writes...
UNCTAD Secretary-General sets down roadmap for health, productivity, prosperity and fixing a fractured global economy scarred by the coronavirus pandemic ahead of its October 2021 quadrennial conference in Barbados.
The COVID-19 crisis has been both an accelerator and a decelerator for already rooted trends in the global economy. On the...
A new COVID-19 Business Tracker Survey conducted by the Ghana Statistical Service (GSS), in collaboration with the United Nations Development Programme (UNDP) and the World Bank, demonstrates the considerable impacts on Ghanaian businesses as a result of the pandemic outbreak.
It forced many firms to cut costs by reducing staff...
The Institute of Economic Affairs (IEA) is leading efforts to introduce a legislative cap on the amount of national debt that can be incurred by the Ghanaian Treasury, and is courting the support of principal stakeholders to see it come to fruition.
The public policy think-tank is seeking an instrument...
Challenges facing the banking sector have taken a toll on businesses, with private sector credit dropping to a four-year low according to Bank of Ghana data.
The banking sector, as revealed by the data, is at a critical juncture; and this unsettling trend, persisting over the past four years, highlights...
Guaranty Trust Bank (Ghana) Limited has revamped its online payment and collections platform ‘Myghpay’ to offer users and merchants a better user experience making and receiving payment for products and services.
Touted as the nation’s biggest online payments platform, the new Myghpay boasts a more secure and user-friendly interface...
…..but calls for deliberate policy for construction sector
The Association of Ghana Industries (AGI) Construction Sector has commended government for the bold initiatives in the 2018 Budget Statement and Economic Policy that seek to support industrial development generally and particularly manufacturing.
That, the AGI Construction Sector which is supported by the...
Banks listed on the Ghana Stock Exchange (GSE) have, through the Ghana Association of Bankers, requested that the date for filing of the 2020 audited financial statements be extended by one month to April 30, 2021.
This is to enable the banks work effectively with their external auditors to achieve...