The COVID-19 pandemic is a blow to an already fragile global economic outlook. The health crisis, sharp downturn in activity, and turmoil in global financial markets caught emerging market and developing economies at a bad moment. The past decade has seen the largest, fastest, and most broad-based increase in...
The COVID-19 pandemic has sparked several changes in the way we live, work and do business. The crisis has accelerated digitisation plans in several organisations. This is an opportunity for leaders to accelerate the organisational transformation needed to thrive in a rapidly changing world.
At TEMPLE Advisory, we have always...
We were recently told by the Energy Minister, John Peter Amewu, that the 3% levy charged all consumers of electricity for street lighting generated GH¢273.9million for the years 2018 and 2019.
And out of that amount, the minister stated, GH¢134,266,116 was collected in 2018 and GH¢139,610,716 the following year.
Per the...
Ghana’s installed power capacity is about 4,399MW, of which 22.5WM is renewable energy against a demand of about 2,700MW. Initially, the country intended to develop and utilise renewable energy and energy-efficiency technologies to achieve a 10% penetration of national electricity production by 2020.
By the end of 2017, the strategy...
The West African container trade covers some twenty-five countries, with twenty possessing direct access to a coastline. It is a market that has developed greatly in recent years and is home to some of Africa’s most vibrant, promising markets, such as Nigeria, now Africa’s most populous state and a...
Hiroshima after the US military dropped the atomic bomb on 6 August 1945. Peace Memorial Museum
This year marks the 75th anniversary of the bombing of Hiroshima and Nagasaki by the US in 1945, the only time in history that nuclear bombs have been used.
The atomic bombs killed tens of...
According to the Congressional Research Service (CRS), measures of economic performance in the refining industry usually begin with the gross margin, referred to as crack spread. The gross refining margin is a simple, first approach to refinery profitability. It is computed as the total revenues from product sales minus...
The President of the Ghana Journalists Association (GJA), Mr. Roland Affail Monney, has paid a visit to Satellite Africa Network Services Limited (SatAfrik) at East Legon in Accra.
He was accompanied by the Organising Secretary of the Association, Mr. Albert Kwabena Dwumfuor. They were there to familiarise themselves with the...
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...