The National Labour Commission has entreated private organizations not to lay off workers, even though companies are finding it difficult to make ends meet due to the outbreak of COVID-19 and its accompanying attendant restrictions.
Though unconfirmed, news making the rounds has it that the Advertising Association of Ghana has...
Along with many other countries, the government of Ghana announced a lockdown of the economic hubs of the country as part of its measures to contain the COVID-19 pandemic. In expressing the government’s commitment to containing the pandemic, the President declared, “we know how to bring the economy back...
The COVID-19 pandemic has spawned new barricades at an incredible speed. Closed borders travel bans, paralysed supply chains, and export and import restrictions have prompted many to inquire whether globalisation itself might fall victim to the COVID-19 pandemic. Globalisation was already in waning well before the outbreak of the...
The oil market is facing an unprecedented crisis as COVID-19 causes demand destruction and OPEC+ has proven powerless to stop oil prices from crashing. But behind what seems like an endless flow of bearish news, a new bull market is already forming.
CAPEX and OPEX cuts by nearly every oil...
Markets in Africa’s cities are central to the food chain. But many had to close because of COVID-19 measures.
In countries across Africa, the public health restrictions imposed to deal with the COVID-19 pandemic have thrown many people out of work. Cities face the risk of widespread hunger, with the...
That COVID-19 has disrupted our way of living and economies around the world is an understatement. Every sector/industry has been affected anyhow you look at it.
One such sector badly hit is aviation which employs millions of people and acts as the central nervous system of international business and leisure....
It’s time for a James Clear reproduction!
We’ve been discussing COVID and how it’s affecting different sectors for 6 weeks nonstop, so let’s switch it up to some useful self-help tricks that are easy and highly impactful. Our last James Clear reproduction was over 5 months ago; that’s long enough....
There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an end to the oil price war
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have...
When it comes to medical diagnostics devices, Africa is seen mainly as a consumer not a producer. But young African Scientists like Dr. Laud Anthony Basing, the Medical Laboratory Scientist behind the COVID-19 Rapid Diagnostic Test kits manufactured in Ghana, are determined to change that narrative as the continent,...
The onset of a coronavirus-induced global recession has affected both labour markets and financial flows across the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades.
The issue is particularly pertinent for those...