The Ghana Employers’ Association (GEA) is urging government to work with business associations to identify indigenous businesses and support them to locally produce intermediate goods and raw materials to fill the supply chain disruptions created by the pandemic now and into the future.
According to the Association, this will reinforce...
A member of the COVID-19 National Response Team, Dr. Da Costa Aboagye, has expressed the conviction that the country is making significant progress against the COVID-19 battle.
According to Dr. Aboagye, the rate of active cases keep declining.
Speaking in an interview recently, he observed that the country’s active case count...
Finance Minister Ken Ofori-Atta was successful in convincing the legislature to suspend fiscal responsibility rules contained in the Fiscal Responsibility Act, 2018 (Ac t 982).
The scale of damage and macroeconomic distortions caused by the pandemic is unprecedented in the country’s history, and makes it possible to invoke the escape...
Things are tough. Everything is in limbo. COVID-19 has seen to that. There is not an industry that is not negatively affected by the pandemic. And its worldwide.
The oil and gas industry is no exception.
Companies in Ghana's oil and gas sector are in a state of flux.
The disruption to...
B&FT yesterday held its fifth in the series of ‘Ghana’s Most Respected CEOs Breakfast Series’ with the theme ‘Bringing the Economy Back to Life: The Role of Banking and Finance’, where the Country Director for Deloitte Ghana, David Kwadwo Owusu, who was a panel speaker noted that with the...
The issue of Cocoa Produce Buying Companies (PBCs) adjusting their scales to cheat cocoa farmers of their due is not only sad but unconscionable.
A private broadcasting station’s latest investigative documentary ‘Missing Kilos’ exposed the stealing of cocoa beans by clerks in licenced cocoa buying companies of the country. The...
Last week, President Nana Akufo-Addo unveilled the first locally-made Volkswagen (VW) vehicle - which marks the first phase the company’s operations in the country and will see the German carmaker produce three cars daily, with plans to increase production capacity in the second phase.
The president noted that the production...
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 consistent locking-up of Nigerian shops by the Ghana Union of Traders Association (GUTA) is becoming worrying, and could strain relations between two sister-West African states.
GUTA is taking the law into its own hands, and should be called out for what it is doing.
Nowhere in our statutes does it...
Members of the Committee on Foreign Affairs of Parliament paid a visit to the AfCFTA Secretariat last week and were briefed by the Minister of Trade and Industry, Alan John Kojo Kyerematen, who informed the delegation that AfCFTA will commence operation in January 2021.
Tentatively, AfCFTA was scheduled to be...