Since South Africa went into lockdown four weeks ago to slow the spread of the coronavirus, hairdresser Nasreen Pillay has had no income. Without a job contract, she cannot apply for government aid either. “If my mother and father-in-law did not help me, I would be going hungry,” Pillay, a...
The world’s economy is predicted to suffer a significant decline because of COVID-19. Some hard-hit economies will experience a negative growth rate. We are told Ghana’s growth in GDP, which was projected at 6.8 percent, could fall to 1.5 percent. One may ask if we should be concerned with...
The Covid-19 pandemic is by far the most widespread disease outbreak in the twenty-first century. Medical scientists across the globe are relentlessly conducting researches to discover more information on the epidemiology of this disease and possibly come up with a vaccine. Meanwhile, a number of response measures have been...
The global impact of the COVID-19 pandemic poses a fundamental question: Is this one of those historic moments when the world changes permanently, when the balance of political and economic power shifts decisively, and when, for most people, in most countries, life is never quite the same again? Put...
The Ghana Employers’ Association (GEA) has called on government to expedite work on the complete Economic Response Strategy to help industry adjust their operations and stay in business amidst COVID-19 economic challenges. This was entailed in the Press Statement from the Association to to mark this year’s Worker’s Day celebration. The...
The Bank of Ghana, in a circular, titled ‘Bank of Ghana licenses first fintech’, to the public yesterday, April 30, 2020, has confirmed its licence to Zeepay, a leading financial technology firm, to operate a full-fledged mobile money service. The official announcement by the Central Bank follows Zeepay’s publication exactly...
Wapic Insurance (Ghana) Limited, one of Ghana’s leading insurance companies, is offering a 25 percent discount on all new policies to health workers across Ghana. This is to help cushion financial hardships associated with the COVID-19 pandemic. The rebate to health workers covers their personal insurances, including Personal Accident and...
Consumers of petrol and diesel should expect a further drop in price at the pump as the price of crude on the world market continue to fall, the Institute for Energy Security, predicts. In its May, 2020 pricing window forecast, IES notes that going by the 13.05 percent reduction in...
Tomorrow is May Day, however, Secretary General of the Ghana Trades Union Congress (TUC), Dr Yaw Baah announced the cancelation of the 2020 May Day activities and celebration, citing the coronavirus pandemic as the reason. Public gatherings are currently prohibited as measures to contain the spread of the deadly COVID-19...
President Nana Addo Dankwa AKUFO-ADDO and Erna SOLBERG, the Norwegian Prime Minister, both Co-chairs of the UN Secretary-General’s Eminent Group of Advocates for the SDGs, have penned down how COVID-19 is not only wreaking havoc to the global community, but also, how it is equally affecting the attainment of...