After passing unanimously in the US Senate on May 20, 2020, the Holding Foreign Companies Accountable Act is heading for the House of Representatives, and US President Donald Trump is expected to sign it into law. The law requires that all companies listed on US stock exchanges submit to...
The Trade Union Congress (TUC), in a document titled ‘Impact of COVID-19 on Enterprises, Employment and Livelihoods in Ghana, Some Proposed Mitigating Measures’, is making a case for commercial transport owners and drivers in view of the COVID-19 pandemic. TUC is asking government to waive the Vehicle Income Tax (VIT)...
As the month of May draws to a close and Ghanaians are eagerly waiting to hear the president announce lifting restrictions to pave the way for normal life to resume, the World Health Organisation is warning Africa against relaxing its testing efforts for COVID-19. Africa’s case count is still low...
Minority Chief Whip confirms 15 Covid-19 positive cases in Parliament Minority Chief Whip, Mubarak Mohammed Muntaka has disclosed that two Parliamentarians and 13 staff have so far tested positive for Covid-19. The infected persons, according to him, were informed of their status after Speaker of Parliament directed mass testing of all...
I wholeheartedly congratulate the Africa Day of all our African friends. The unprecedented conditions caused by the COVID-19 pandemic all over the world render the solidarity symbolised by Africa Day even more significant this year. The progress achieved in recent years by Africa in many fields and our developing partnership...
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....
The Ghana Chapter of the Economic, Social and Cultural Council of the Africa Union (ECOSSOC) has cautioned political parties in the country not to engage in any activities that could threaten the peace and stability the country has enjoyed as it prepares to go for elections in December. “Ghana has...
As Africa braces for its first recession in 25 years, one group of global experts will gather to consider ways in which coordinated policy support can help economies recover more quickly. The  Transformation Leadership Panel (TLP), an initiative of the Africa Center for Economic Transformation (ACET), will meet on the 27th...
The devastating impact of COVID-19 on the poultry sector, particularly market destruction continues to get worse in each passing day, resulting in egg glut across production areas like the Dormaa enclave in the Bono Region. The consequential effects of COVID-19 pandemic in the country and its containment restrictive measures such...
Trucks in a convoy took a turn toward the Accra-Tema motorway, heading south and loaded with iron rods and steel products from the Tema heavy industrial area. The steel industries mostly located in the Tema- Kpong industrial enclave have resumed production after the coronavirus-induced lockdown. Though they had to leave their furnaces...