The public will have to accept electronic payment channels as their default form of payment to stay safe, as scientists predict that the coronavirus will linger on for a while. This is because quite a number of electronic payment channels do not require physical contacts for payments to be...
It is no doubt that the tourism and aviation sectors of the economy have taken the hardest hit during on-going pandemic. Hotels, restaurants, guest houses are contemplating laying off staff with many complaining that the GH¢600 million stimulus package for SMEs will not be sufficient to even bail out...
The country’s Fisheries Management Plan, which is currently under review, states that the marine fisheries can sustain 48 trawlers. Yet 76 trawlers were licensed as at the end of 2019. Ghana’s fish population is already in dire straits and the arrival into Ghanaian waters of three new trawlers from China...
The Industrial and Commercial Workers Union (ICU) is set to build a multipurpose complex to be used as offices, hotel and shopping mall in Tema. The complex, set to be completed in two years would also serve as a training center for its members. Solomon Kotei, General Secretary of ICU,...
Internet access expected to be key to continent’s post-pandemic socio-economic prosperity A new CEO Survey on Africa carried out by the global research and advisory company Oxford Business Group (OBG) in partnership with BASF looks in detail at how countries across the region are responding to Covid-19, which sectors...
Demand a new deal in and for Africa Advocate speedy implementation of AFCFTA Call for Increased Investment in Digital Connectivity Leaders across Africa and the globe have called for deeper collaboration between governments and private sector players to fight the COVID-19 pandemic. At the 2nd UBA Africa Day Conversations, screened...
Close your eyes for a moment and think yourself as the President of the Republic. Forget all the fame and glory that come with it because these are no normal times. Rather, see yourself as making a choice between life and death. i.e., facing a decision of lifting restrictions...
The National Board for Small Scale Industries (NBSSI) has said that one of the major goals of the GH¢1 billion stimulus package is to afford businesses the opportunity to retain their human resource as a means to help reduce the number of layoffs that may ensue due to COVID-19...
The African Business magazine has released this year’s top-250 African companies survey, which highlights the overall carnage in African share valuations over the last year - and Ghana made only three entries. Ghana’s first entry was chalked by Tullow Oil, in 39th position with a market capitalisation of US$2,888million. Standard...
Is deficit financing back? BOG 2020 budget deficit support at 53%? It seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee (MPC) Report cites the US Fed and US Treasury to prepare our minds for a significant shift its past conservative fiscal stance to an aggressive one....