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...
The days of spending long hours in the office are gradually becoming a thing of the past. Today, businesses can be run online and offline no matter your location, thanks to the internet. Working from home or remote work is often practiced by companies that lack physical offices, offer...
The COVID-19 crisis is affecting the entire global economy and that of Ghana. Some key sectors of the Ghanaian economy are already experiencing a slowdown as a result of the pandemic. Tourism, air transport, and the oil sector as well as the formal and informal private sectors of the economy are...
The Ministry of Tourism, Arts and Culture is hoping to hold some virtual events this year to sustain momentum for the ‘Beyond the Return’ agenda launched by President Nana Addo Dankwa Akufo-Addo as a follow-up to successful execution of the ‘Year of Return’ initiative last year.
According to the sector...