Revenue shortfall now over 90% GCAA, Airport Company may require gov’t bailout Staff proceed on leave without pay; non-critical projects suspended The aviation sector, like other sectors of the economy, is counting its losses and grasping at straws to survive. With players expressing mixed feelings about continuous closure of...
Debt to GDP hits 59.3% Primary balance contracts to 3.4% Total revenue only 2.7% of GDP The macroeconomic data of the country is flashing red light signals of danger ahead, as it is showing rising debt levels against shortfalls in revenue amid the impact of coronavirus pandemic; thereby...
Ghana Community Network Service Limited (GCNet) is set to shut down its operations at the nation’s ports to finally give way for UNIPASS, now Integrated Customs Management Systems (ICUMS) to takeover single window operations at the port. In a series of letters written to the existing vendors and various port...
Following the outbreak of COVID-19 globally, the planning committee for the Ghana Beverage Awards (GBA) has officially announced that GBA 2019 will be held virtually and streamed on TV and online on June 13, 2020. The beverage awards, which is in its fourth year, closed nominations to the general public...
Parliament has denied reports that some members of the House and 13 other staff have tested positive for COVID-19. This comes after a report by the media suggested that two members of parliament and 13 staff have tested positive for the virus. A statement signed by the Public Affairs Director, Kate...
Suppliers are entities (persons, organisations or countries) that provide products and/or services to other entities. Suppliers are also referred to as vendors or service providers. Suppliers, in the context of this article, refers to vendors, service providers, contractors and subcontractors. Supply chains have become integral part of modern business operations....
Amid the Covid-19 pandemic and the restrictions imposed on public gathering it is evident that the Annual General Meeting (“AGM”) of companies cannot be held in a physical space. An AGM in Ghana, unlike in some jurisdictions, is mandatory every year and so cannot be postponed. The options available...
Emirates has unveilled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards onboard and on the ground. The new measures took effect last week, with the resumption of regularly scheduled passenger flights to nine destinations. "Emirates is implementing a comprehensive...
Samsung continues to offer devices that empower people to do more. This week Samsung released not one but two devices designed to bring premium innovation at affordable prices. These are the Galaxy A31 and Galaxy M11. With its introduction of the Galaxy A31, Samsung is giving you even more ways...
The COVID-19 crisis will leave many private and public borrowers saddled with unsustainable debt. We are still in the “pre-Keynesian” supply-shock-cum-derived-demand-shock phase of what is likely to be a global depression. But once the virus is mostly vanquished, households will engage in precautionary saving, and businesses will be reluctant...