The decision to involve Rural and Community Banks in the distribution of funds from the COVID-19 stimulus package to businesses is both proper and timely. Together with the EXIM Bank and other commercial banks, the RCBs will ensure the stimulus package reaches all potential SMEs earmarked to receive the...
Annual GDP figures released by the Ghana Statistical Service indicate that the Agriculture sector is experiencing a decline in growth for the second year running, in spite of an impressive performance in 2017 soon after government introduced the Planting for Food and Jobs (PFJ) programme. Currently, the sector contributes the...
African Vaccination Week in unison with World Immunisation Week is celebrated every last week in April, every year, since 2001. This year’s theme is ‘Vaccines Work for All’, celebrating the people who develop, deliver and receive vaccines as heroes contributing to protecting everyone, everywhere. The global search for a vaccine for...
The Ghana Union of Traders Association (GUTA) has expressed its disappointment with the Ghana Shippers’ Authority over modalities being used to implement the directives to waive demurrage and rent charges. This is because businesses were not able to operate within the lockdown period, and it is unimaginable that they would...
The UK-based Economist Intelligence Unit (EIU) has noted that the sharp plunge in global oil demand and prices will weigh heavily on productivity activity in the energy, oil and gas sectors of the country. The British research firm added that the decline in the hydrocarbons sector will have spillover effects...
A strong advocate for intra-African trade because of the manifold benefits it holds, David Ofosu-Dorte - Executive Chairman of law firm AB & David, is positing that African countries should position themselves well in commerce, so as to be known for the distribution of certain goods and services throughout...
The global oil industry is saddled with a sudden lack of demand due to the coronavirus economic slowdown. Early this week, Brent crude oil - which is similar in quality to Ghana’s crude - was trading at a long-term low of just US$18 per barrel. This means that all Ghana’s...
The United Nations’ World Food Programme (WFP) has warned that the number of people facing acute food insecurity could nearly double this year to 265 million, due to the economic fallout of COVID-19. WFP expects to need US$10-US$12billion to fund its assistance programmes this year, compared to a record US$8.3billion...
Although some health professionals and lay persons have expressed their disappointment at President Akufo-Addo’s lifting of the 3-week partial lockdown on Sunday, April 19; Secretary-General of the TUC, Dr. Yaw Baah - an ardent advocate for a total lockdown at the onset of the novel virus - has come...
President Akufo-Addo in his seventh address to the nation on Sunday announced an end to the three-week partial lockdown imposed on some parts of the country which has elicited some mixed reactions. Generally, there was a sense of jubilation, particularly for those who eking out a living was becoming unbearable...