A new WHO Africa study based on assumptions that no containment measures are put in place projects that the novel coronavirus could kill between 83,000 and 190,000 people in Africa in the first year, and infect between 29 million and 44 million in the first year.
Thankfully, most countries on...
Demand for future borrowings to pay power producers for today’s COVID-19-induced freebies is likely to exacerbate the country’s already precarious debt profile and push Ghana into a sovereign financial crisis if adequate measures are not taken, Dr. Jerry Kombat Monfant, President of MBIC Group - a management and strategy...
Determined to see a self-sufficient Ghana, the ever pro-active agric non-governmental organization, Agrihouse Foundation is, once more, serving Ghanaians another of its life enhancing initiatives they have aptly called 1 Household, 1 Garden initiative. Already, over 600 households have registered to the initiative within one week of the project’s...
The Ghana Association of Savings and Loans Companies (GHASALC) has donated medical essentials worth GH¢50,000 to the Ga East Hospital to help in the management and treatment of patients with COVID-19 at the facility.
The medical essentials donated include a number of Omron i11 Digital BP Apparatus (with cuff and...
MTN Ghana has presented items to the Western Regional Chief Imam toward the celebration of this year’s Eid-ul-fitr celebration at Sekondi. The items include bags of rice, cartons of vegetable cooking oil, assorted drinks and cartons of mineral water.
“We are in the fasting season and we deem it necessary...
The Bank of Ghana has awarded the first-ever Payment Service Provider (Enhanced) Licence to one of the nation’s foremost financial technology companies, Nsano Limited.
Nsano Limited - a diversified financial technology solutions provider which currently maintains its focus on building custom mobile financial service applications for banks and insurance companies,...
The Ghana Microfinance Institutions Network (GHAMFIN) is working to set up a GH¢10million bailout fund to support its member, as the outbreak of COVID-19 has adversely impacted their bottom lines.
The action, according to Executive Director of GHAMFIN Yaw Gyamfi, is to help prevent any potential bankruptcy of any of its members...
Expected credit losses
Keeping employees safe
Cybersecurity issues, etc.
Banks should brace for substantial credit losses, increased cybersecurity challenges and increased cost in keeping employees safe as the novel coronavirus (COVID-19) continues to wreak havoc on all sectors of the economy, a report by PricewaterhouseCoopers (PwC) has said.
The report,...
The Chief Executive Officer (CEO) of Ghana Exim Bank, Lawrence Agyinsam, has said all efforts must be put into ensuring that consumption of locally manufactured goods becomes the norm post COVID-19.
According to him, local producers have guaranteed the survival of Ghanaians as the world has partially closed its borders -...
The Ghana Association of Bankers (GAB), as part of its GH¢10million COVID-19 interventions support programme committed toward emergency relief for the fight against the novel Coronavirus pandemic, has donated some food items and PPE to the vulnerable and some healthcare institutions in the country.
The Association, which is made up...