The Trades Union Congress (TUC) has made a strong case to government for the suspension of the petroleum deregulation policy to help cushion workers amidst the economic challenges faced by the public since the outbreak of the COVID-19 pandemic. The policy, which started 6 years ago was introduced to allow...
Stuck at home because of the lockdown, 25-year-old Ugandan Richard Kabanda is worried about feeding his family. The motorbike taxi driver, who used to earn about $2 (£1.60) a day, has had no work since the government banned public transport last month as part of measures to slow the spread...
By Ernest Bako WUBONTO In a quest to transform the operation modalities of State-Owned Enterprises (SOEs) in Namibia to become profitable, its government has sent a delegation to Ghana to understudy the blueprint used in the transformation of the SOE sector. The delegation of 16 officials, drawn from different sectors of...
GCB Bank has described as false a publication by a body calling itself Good Governance Advocacy Group (GGAG), alleging that the bank’s Board has engaged in corruption, abuse of office, and conflict of interest. The bank has urged its customers and shareholders to disregard the publication, which has been circulated...
Nana Addo Dankwa Akufo-Addo will, today, deliver his second State of the Nation Address, exactly 13 months after he was sworn in as President. On January 7, 2017 when he was sworn in, one of the daunting tasks he faced was getting the ailing economy under the care of the...
Growth in sub-Saharan Africa's big economies will be mixed into 2022, after a year of recovery from COVID-19 lockdowns, as life slowly returns to normal amid low vaccination rates, a Reuters poll found on Wednesday. But the pace of recovery is largely positive, according to the poll, conducted from Oct....
The third edition of the prestigious Ghana Business Leaders Excellence Awards Ceremony has now been rescheduled to take place at the classy Swiss Spirit Alisa Hotel, Accra, on Saturday 17th October 2020. This follows lifting of the Presidential embargo on the organisation of Awards Ceremonies. The Senior Minister, Yaw Osafo...
The GCB Bank Limited has denied reports making rounds on social media, suggesting that the bank has transferred money amounting to GHS52.5 billion to unknown sources. According to the bank, the false report comes from a doctored letter dated 5th October, 2020 purportedly emanating from the Ghana Audit Service, saying...
Revenue shortfall now over 90% GCAA, Airport Company may require gov’t bailout Staff proceed on leave without pay; non-critical projects suspended The aviation sector, like other sectors of the economy, is counting its losses and grasping at straws to survive. With players expressing mixed feelings about continuous closure of...
In a bid to return the economy to its pre-pandemic levels or even better, government has launched the ambitious GH¢100 billion Ghana COVID-19 Alleviation and Revitalization Enterprises Support (Ghana CARES) programme in Accra. The three-and-half-year programme dubbed ‘Obaatan Pa’, to be rolled out in two phases, aims to raise 70...