Finance Minister, Ken Ofori-Atta has said government will fast-track the process for establishing a National Development Bank (NBD) to help in the economy’s quick recovery post COVID-19.
“We are positioning the newest Development Bank of Ghana to be a critical element of our post-recovery strategy for rapid industrialisation and agriculture...
…small scale agribusinesses suffered largest revenue shortfall
Agribusinesses, on average, have lost 61.2 percent of monthly revenues as a result of COVID-19, the Agribusiness Sector Survey Report 2020, authored by the Chamber of Agribusiness Ghana (CAG) - an apex body for coordinating agricultural sector players in the country - has...
Atwima Kwanwoma Rural Bank Limited at Pakyi No2 in the Ashanti Region has designed some credit relief packages for clients to cushion them in coping with effects of the COVID-19 pandemic
The offers include tenor extensions and deferment on eligible loans for clients in vulnerable sectors highly impacted by the...
1. Introduction
The Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020 curiously puts the end-March 2020 public debt at 59.3 percent. Since the 2019 Debt Report and the IMF show the end-2019 debt level as 63 percent, it is unlikely to decline substantially to 59.3 percent....
AngloGold Ashanti joins over 1,2 billion Africans across the continent and in the diaspora in marking Africa Day at a time when the African Union (AU) is spearheading several initiatives aimed to combat the spread of COVID-19 and ensure Africa’s economic resilience.
The theme for this year’s Africa Day, “Silencing...
Senegal has demonstrated strong ambition for economic development and rapid progress toward becoming an attractive investment destination
Although they are located 1,800Km from each other, Côte d'Ivoire and Senegal vie for the place of economic leader in West Africa - with a slight advantage for the former which, thanks to...
The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020.
$67 billion of the new debt is composed of government loans ($50 billion), deferred...
Ahantaman Rural Bank Limited has presented items and a cheque, valued at GHc36, 000 to the Ahanta West Municipal Health Directorate to support the fight against Coronavirus Disease (COVID 19).
The items include 30 packets of face mask KN-95, 30 pieces of infra-red thermometer gun, 30 packets of disposable gloves,...
COVID-19 has confronted the world with a horrific crisis. Because developing a vaccine will likely take at least a year, governments need to buy time to keep health-care facilities from being overwhelmed and to minimise the number of people who fall ill and die - not least by reducing...