Former Finance Minister Seth Terkper has said that the expenditure related to the coronavirus pandemic should not be solely considered as responsible for the widening fiscal deficit but rather what is driving the debt is the funds used to resolve financial institutions and energy sector debt which were excluded...
You may not plan to retire, but your employer and your own body may have other ideas. Change of a company’s strategic focus or technological base can render people redundant. However, more likely than rare, such situations can reasonably be predicted.
Sicknesses or accidents on the other hand, by no stretch...
The Ghana Statistical Service (GSS) has trained media practitioners to enhance their understanding and interpretation of results from Ghana’s maiden multidimensional poverty report, which examined poverty beyond monetary deprivations.
The national Multidimensional Poverty Index (MPI) report looked at how people experience poverty in their health, education, and living standards.
The report,...
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implemented EU REACH project - Resilience Against Climate Change, in close collaboration with private sector actors, public partners and community leadership undertook a community outreach tree-planting exercise in each of its 18 baseline communities in the Upper West and Savannah Regions...
The coronavirus (COVID-19) has presented enormous challenges to the developed, emerging, and developing economies. The COVID-19 has revolutionized international trade, thereby initiating businesses into a new era of trade facilitation.
The modern era of international trade is one of the increasingly complex interactions between organizations, firms, and people. Countries that...
The nation’s vaccination drive has received a major boost with the procurement of 2,343 immunization cold chain equipment comprising of solar vaccine fridges and freezers to be installed in health facilities across the country between now and the end of this year.
For a total cost of US$4,737,080, the equipment,...
The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty and broaden economic inclusion, a new World Bank report has found. If implemented fully, the trade pact could boost regional income by 7% or US$450billion; speed-up wage growth for women; and...
Unilever Ghana Limited has published its 2020 half-year unaudited financial accounts. The company posted a revenue of GH¢204.1million for the period, compared to GH¢314million in the same period last year.
The company explained that even though a decline in revenue was posted for the period compared to the corresponding prior...
Bank of Ghana data shows that the while coronavirus pandemic has severely bruised the country’s economy, leading to losses in most sectors, other sectors have started showing recovery even as early as the month of May 2020.
The data reveals cement sales and port activities have improved significantly in the...
The GH¢2billion guarantee programme to support all sectors of business must be made flexible enough, and should be able to provide up to 100 percent cover for businesses if it is to achieve the intended impacts, the Association of Ghana Industries (AGI) has advised.
Finance Minister Ken Ofori-Atta, during the...