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...
Vice President to open conference which will determine smartest policies for prosperous future today
The Vice President Dr. Mahamudu Bawumia will open a multi-day conference in Accra on Thursday at which eminent economists from Ghana and abroad are going to prioritise the smartest solutions to the country's challenges.
The conference is organised by the Ghana Priorities project, a collaboration between the National Development Planning...
Finance Minister Ken Ofori Atta is optimistic that the projected tax-to-GDP of 20 percent from the current 13 percent will materialise if government increases revenue mobilisation and harnesses a digitalised economy.
This, the minister said, when attained will enable government to raise funds to support the recently announced GH¢100billion Ghana...
If there is any sector that can stimulate and revive the economy amid the devastating impact of the Coronavirus pandemic, then it is the banking and financial sector - but the biggest question remains ‘how?’
To effectively deal with this question, Ghana’s Most Respected CEOs Breakfast Series - a quarterly...
A recent study on C-Suite perceptivity of the economic impact of COVID-19 revealed that revenue connected to tourism, aviation, property sales and entertainment all decreased by over 90% in the first and second quarters of 2020.
Conducted by industrialisation and supply chain expert Professor Douglas Boateng, the purposive study also...
…proposal goes to prez this week
The Ministry of Aviation would be sending a comprehensive proposal to the President this week on how it plans to reopen the nation’s air borders. The proposal has a detailed plan, recommending a number of scenarios, impact analysis and control mechanism that can be...
Board Chairman of GCB Bank, Jude Kofi Arthur, has said publicly listed companies that have large shareholder numbers, should make virtual features a regular aspect of annual general meetings even after normalcy returns in a post COVID-19 world.
“It is something that large companies should use. Outside Ghana, some of...
Government’s GH¢100 billion COVID-19 Alleviation and Revitalisation Enterprises Support (CARES) programme aimed at stimulating large industries to enhance job creation and foster economic revival must be properly managed or risk further shooting up the debt stock, global auditing giant Deloitte has said.
The country’s public debt stock has increased to...
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical...
Sometimes something might seem like bad news but could turn out to be a blessing in disguise. It is an open secret that the outbreak of coronavirus (COVID-19) has been a catastrophic turn of events in economies and business. However, it has also created business space for others to...