Ghana could be forced into an early redemption of its 7 and 15-years bonds issued in March 2017, as Franklin Templeton, the company that bought about 95percent of the assets faces financial troubles in India.
The US-based mutual firm which bought Ghana’s bonds at a rate of 19.75percent and at...
The woes of the nation’s health sector seem to be deepening as the Pharmaceutical Manufacturers Association of Ghana (PMAG) and the Chamber of Pharmacy Ghana (CPG) have written to the Ministry of Health, serving notice over their intention to halt the supply of drugs to health care facilities funded...
Some are on their phones chatting on WhatsApp with friends. Others are watching videos on their mobile devices or listening to radio. While others are entertaining themselves with draught (a board game in Ghana) or engaged in heated argument about the upcoming polls in December. Ordinarily, you won’t see...
The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize development gains, from educational attainment to poverty reduction. New estimates suggest that up to 100 million people worldwide could...
Validation process is ongoing
Total client claims now stand at GH¢3bn (from GH¢12.6bn)
71,000 individuals, 5,750 institutions make claims
Government committed to intervene
Commission pursuing changes to law to gain more powers
13 out of 18 CIS transferred to new fund managers
The Securities and Exchange Commission (SEC)...
The President, Nana Addo Dankwa Akufo-Addo, has confirmed the reopening of schools for final year students of public universities and senior high schools (SHS) while preparations continue for the return of final junior high school (JHS) students to complete preparations for their exams.
Beginning tomorrow, operating with half class size,...
There are signs of imminent global recession as the COVID-19 pandemic causes serious economic damage across the world. Ghana is expected to grow 1.5 percent in 2020 according to the government and International Monetary Fund (IMF). Fitch, a rating agency, however expects the economy to do slightly better with...
Governments around the world are responding forcefully to the COVID-19 crisis with a combined fiscal and monetary response that has already reached 10% of global GDP. Yet according to the latest global assessment from the United Nations Department of Economic and Social Affairs, these stimulus measures may not boost...
Food security in sub-Saharan Africa is under threat. The ability of many Africans to access sufficient, safe and nutritious food to meet their dietary needs has been disrupted by successive natural disasters and epidemics. Cyclones Idai and Kenneth, locust outbreaks in eastern Africa, and droughts in southern and eastern...