Lenders grant loans to borrowers under agreed repayment conditions or terms. Whenever the borrowers default in the repayment of loan for a period of time the loan is said to be non-performing. Thus, a nonperforming loan (NPL) is a loan in which the borrower is in default on both...
The employees discomfort and the hard lessons for the African and the Africa Entrepreneurial Ecosystem. Entrepreneurship is the backbone of every economy. The role of entrepreneurs in nation-building could not be undermined by the severity of COVID-19. Since December 2019, with China’s confirmation of the corona virus in Wuhan,...
Authorities of some Senior High Schools in the Volta Region were full of praise for the Ghana Education Service (GES) and Zoomlion as their facilities were fumigated on Tuesday. According to them, the decision to undertake the exercise was timely as most of them had to battle with bedbugs’ infestation...
Many are calling for a temporary moratorium on all debt repayments by developing and emerging economies, in order to prevent the COVID-19 pandemic from triggering a tsunami of sovereign defaults. Rather than waiting passively until debtors stop meeting their obligations, the argument goes, creditors would be better off agreeing...
Peer-reviewed research publications from among others UCL’s Genetics Institute, are increasingly supporting the hypothesis that SAR-COV-2 (i.e. Coronavirus) may have been with us since the last quarter of 2019. According Professor Francios Balloux, director of the institute, genetic evidence supports suspicions that the virus was most likely infecting people in...
The origin of the phrase ‘innovate or die’ is a matter of some dispute. Peter Drucker famously declared it, though others may have shared in its coinage. But whatever its genesis, the sentiment is now widespread: stay ahead of the pace of change, or you're toast! Organisations in African that...
The Ghana Blind Union (GBU), the union responsible for advocacy and rehabilitation of blind and partially sighted persons in society, has bemoaned being left out of the coronavirus intervention goodies and packages distributed by government. Government, through the Ministry of Finance and Ministry of Gender, Children and Social Protection, has...
The Centre for Africa Development and progress (CADeP) has come to the realisation that change can come within a very short time. The COVID-19 pandemic has made the world more level for all kinds of people, whether rich or poor. The responses to the COVID-19 pandemic are simply amplifications of...
The producers of the Shortbody Super Handwashing Machine, in Tarkwa, have challenged the Ghanaian public to make handwashing part of their daily living practices even in the aftermath of the deadly coronavirus disease, to enhance personal hygiene and healthy living. They noted that by strictly observing and adopting this personal...
Some 122 new COVID-19 cases have been recorded overnight bringing the total case counts for the country to 5,530, with 647 recoveries and 24 deaths. The death to positivity ratio now stands at 0.43 per cent of the case count. The 647 recoveries mean 160 infected persons have now recovered...