The Alliance to End Plastic Waste (the Alliance) has announced a partnership with the ASASE Foundation to support women entrepreneurs working to reduce plastic litter in the community. The initiative called Closing the Loop uses a circular economy model, to enable local communities to benefit from discarded plastic waste...
President Ramaphosa expressed appreciation for the Bank’s commitment of $26 million for the African Centers for Disease Control and Prevention South Africa’s President and African Union chairperson Cyril Ramaphosa and the Nobel peace laureate and former Liberian President Ellen Johnson Sirleaf have commended Akinwumi Adesina, President of the African Development...
Severe falls in output and new orders Rate of job cuts remains sharp Input costs and output prices fall further The economic downturn in Ghana as a result of the coronavirus disease 2019 (COVID-19) pandemic intensified in April, with declines in output, new orders and purchasing activity much steeper...
Olam Grains, producers of the popular First Choice and Royal Gold wheat flour brands have teamed up with prominent bakeries in Accra, Kumasi and Tamale to provide Ghc 70,000 worth of freshly baked bread to frontline health workers and patients. The month-long initiative, launched on April 1, started with the...
…as it records lowest share of GDP in 6yrs The country’s largest employer and livelihood for many, the informal sector, has seen its lowest contribution to the economy since 2014, despite recording growth rate which more than doubled the 2018 figure. Data from the Ghana Statistical Service (GSS) indicates the sector...
The second tier of the country’s pension scheme is better placed to make relief payments to workers affected by the novel coronavirus (COVID-19), rather than from the Social Security and National Insurance Trust (SSNIT), an analysis of the pensions scheme, has shown. With the National Pensions Act making the Tier...
Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East District in the Western Region has put together some relief interventions to cushion clients to ease the financial difficulties in this era of COVID 19. The CEO of the Bank, Dr Alex Asmah, in an interview with Business...
Ghana Police Service (GPS), in partnership with Zoomlion Ghana Limited, has commenced a nationwide disinfection and fumigation exercise to disinfect all Police Stations in the country against COVID-19. The ‘Police-Zoomlion National Disinfection and Fumigation Exercise,’ which was launched at the National Police Training School, Tesano, Accra, on Wednesday, would also...
Clear Junction, a London-based global fintech company that offers end-to-end regulated payment solutions based on in-house technology, has signed an agreement establishing a partnership with Zeepay, a leading African fintech company. The partnership would allow Clear Junction to offer correspondent accounts for collecting payments in the European Union and the...
The whole world, for some months now, has been hit with a strange novel Coronavirus (COVID-19) disease. The virus emerged from Wuhan, a city in China, in late 2019, and has since infected millions around the world. The number of infections keeps increasing by day, with many reported deaths. Governments...