It is undeniable – the COVID-19 pandemic has turned the world on its head, and employment contracts have not been spared. Employers are in a quandary over how to deal with employees as social distancing and lockdowns appear to be the only guaranteed means of containing the spread of...
A senior partner at KPMG Ghana, Anthony Sarpong is advising businesses that may benefit from the government's stimulus package to spend it in critical projects that will help in reviving their operations.
According to him, the fund must not be seen as free money and spent on unplanned projects.
Anthony Sarpong...
Singapore is widely praised as one of the countries that reacted quickly and effectively to contain the COVID-19 pandemic. It managed to keep daily cases below 50 for two months following its first case on January 23. But subsequent spikes – though still low compared to global levels –...
On Monday, the B&FT published a story that showed that the second-largest sea port in the country, Takoradi Port, since April 1 has been struggling to electronically clear goods coming through due to technical challenges facing the UNIPASS/Integrated Customs Management Systems (ICUMS).
Sources at the port say that valuation is...
A Universal Labour Guarantee, social protection from birth to old age and an entitlement to lifelong learning are among ten recommendations made in a landmark report by the ILO’s Global Commission on the Future of Work.
According to the ILO Global Commission on the Future of Work, our governments need to...
Remittances are a vital source of income for developing countries, and news that global remittances are projected to decline sharply by about 20 percent this year because the COVID-19 induced economic crisis sends the chill.
The projected fall would be the sharpest decline in recent history largely due to a...
Just four months into 2020, the coronavirus pandemic has swept across the planet, obliterating sports events and forcing suspensions, postponements and outright cancellations.
A sporting calendar that promised so much - including the Olympics, Africa Women's Cup of Nations, European Championships, African Athletics championship, the CHAN tournament - has instead...
…what they can do to prepare for COVID-19 recovery
The economic effect of COVID-19 to the world economy may not be known until the Pandemic has fully be contained. However, experts like Sarathy, a professor of international business and strategy says
“My gut feel is the impact on the economy is...