Environmentally friendly refrigerators and air conditioners will soon become widely accessible in Ghana. This will be made possible through the Green On-wage (GO) financial mechanism implemented under the ECOWAS Refrigerators and Air Conditioners program in collaboration with Ecobank Ghana.
The ECOWAS Refrigerators and Air Conditioners Initiative (ECOFRIDGES) is a joint...
The National Petroleum Authority (NPA) has said that per its calculations, the directive to Oil Marketing Companies to increase the Bulk Oil Storage and Transport (BOST) margin on petroleum products from 3 pesewas to 6 pesewas effective June 1 will not increase the cost of petroleum products beyond 0.5...
The Minister of Railways Development, Â Joe Ghartey, has disclosed that the 97km eastern route rail line from Tema to Mpakadan is 60% complete.
The percentage of completion, according to him, is based on the interim payment certificates which have been passed by consultants of the project. “They have passed 24...
It’s easy to find fault with the United States’ COVID-19 response or, to be more accurate, the woeful lack thereof. Denial, delays, political infighting, and systemic failures have resulted in more than 100,000 US deaths and deepened the social and economic crisis. Over 40 million workers – one in...
USIBRAS, Ghana’s biggest cashew processing company at Prampram in the Greater Accra Region has received personal protective equipment (PPE) and other essential health supplies from the Swiss State Secretariat for Economic Affairs (SECO) and the German Development Cooperation (GIZ).
The donation forms part of measures put in place by the...
It’s more than two millennia since the philosopher Socrates argued that humility is the greatest of all virtues. His timeless observation was that the wisest people are the first to admit how little they really know.
Science has been slow to catch up to this argument, but the last decade...
When the African Continental Free Trade Area (AfCFTA) Agreement was launched on 21 March 2018, African leaders did not imagine that the tenets of the agreement could possibly save the continent from a pandemic-fueled food and economic crisis. The world has been grappling with the crippling economic effects of...
The COVID-19 pandemic has hit every part of the energy industry, but investments in renewables are set to drop the least, while renewable energy stocks have outperformed the broader market since U.S. stocks cratered in March.
Within the renewable sector, solar stocks have been on an uptrend for two years,...
Interest rates, inflation, foreign exchange amongst others are factors to consider when making investment decisions in an economy.
Changes in these indicators directly and indirectly affect the performance of financial investments, especially the Ghana Stock Exchange (GSE) where various companies are listed.
We have however witnessed changes in the economic figures...
With output having collapsed as a result of the COVID-19 pandemic, many are wondering how far monetary policy can be stretched to support the economy. For the US Federal Reserve, negative interest rates appear to represent an effective limit, not because such a policy is technically unfeasible, but because...
