While some have bemoaned the dependence of African states on commodities and raw materials for export, a new UNCTAD report suggests demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy recedes. The report documents the growing importance...
The Public Interest and Accountability Committee’s (PIAC) 2019 annual report has again amplified that petroleum revenues lack proper accountability - with challenges such as a lack of transparency in the utilisation of petroleum funds, to a deviation in the core mandate of the Ghana National Petroleum Corporation (GNPC) to...
AstraZeneca, in response to the COVID-19 pandemic, has supported the government of Ghana Covid-19 Management Team with 35,000 surgical masks. The donation was made on Wednesday, June 24 through representatives of AstraZeneca, and will help protect frontline health workers in their tireless fight to contain the spread of COVID-19 in...
Despite apocalyptic predictions, Africa may be better positioned than many think to weather the combined shock of the COVID-19 pandemic, collapsing commodity prices, and global economic recession, assuming its leaders act wisely. While African economies’ performance has varied, overall progress during the last two decades has made the continent...
As part of efforts to complement Africa’s drive to build a cadre of home-grown business leaders across the continent, Academic City University College - a premium Science, Technology, Engineering, Arts and Mathematics tertiary institution - has launched its innovative Bachelor of Business Administration in Entrepreneurship programme. The programme is expected...
Ecobank, in partnership with the Africa Centres for Disease Control and Prevention (CDC), has held a public forum to engage customers and the public on the effects of COVID-19 on health in Africa, as well as on individuals and businesses. Held virtually via Facebook Live and YouTube, the forum...
“International trade should not be looked in isolation and not just in terms of their volume and value but in respect to its linkages with developmental concerns, particularly in regard to access to basic needs,” said Pradeep Mehta, Secretary General, CUTS International. He was moderating a webinar titled “What...
Consolidated Bank Ghana has donated Personal Protective Equipment (PPE) and some medical supplies to the Ministry of Health, in line with its commitment to help Ghana combat COVID-19. Items donated include a set of protective gowns, an ICU patient monitoring system, bedside patients’ monitors and Veronica buckets with unique corporate...
The Association of Oil Marketing Companies (OMCs) has said it will not allow any body other than the industry’s regulators to have oversight of their operations, saying such a move may cause damage to their machines. This comes on the back of an announcement by the Executive Director of the...
GCB Bank has reduced interest rates on personal loans from 26 percent to 24 percent per annum with immediate effect. The bank has also granted a two-month moratorium for both the principal and interest repayment on personal loans. The measures form part of extensive efforts by the bank to lessen the...