The coronavirus (COVID-19) has presented enormous challenges to the developed, emerging, and developing economies. The COVID-19 has revolutionized international trade, thereby initiating businesses into a new era of trade facilitation. The modern era of international trade is one of the increasingly complex interactions between organizations, firms, and people. Countries that...
Unilever Ghana Limited has published its 2020 half-year unaudited financial accounts. The company posted a revenue of GH¢204.1million for the period, compared to GH¢314million in the same period last year. The company explained that even though a decline in revenue was posted for the period compared to the corresponding prior...
Huge revenue losses associated with the outbreak of COVID-19 and projected losses due to the impact of the pandemic has pushed government to downgrade its Gross Domestic Product (GDP) growth from 6.8 percent to 0.9 percent. This was announced by the Minister of Finance Ken Ofori Atta during the presentation...
The Minister of Finance, Ken Ofori Atta, has announced that plans are advanced for the launch of a GH₵100 billion development programme aimed, among others, to revitalize the local economy, at the back of the difficulties brought by the outbreak of the coronavirus pandemic. The three and half years programme,...
Finance Minister Ken Ofori-Atta is scheduled to present the 2020 Mid-Year budget on 23rd July, 2020 in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921. The 2020 budget is themed ‘Consolidating the Gains for Growth, Jobs and Prosperity for all’, with the...
Former Finance Minister Seth Terkper has demanded that the government presents accurate and transparent data about the economy’s true situation - especially with respect to the deficit figures as it prepares to present the mid-year budget this week. His comments come on the back of concerns raised by the minority...
According to the definition of Internal Auditing in the IIA's International Professional Practices Framework (IPPF), internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. Internal auditor helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve...
The novel Coronavirus pandemic and the resulting social distancing protocols are driving banks to accelerate their digital transformation strategies, with laggards likely to suffer rapid franchise deterioration as customer preferences and competition evolves more rapidly across emerging markets. In Ghana, the situation is not different and as an industry leader...
If ‘necessity is the mother of invention’, then the Coronavirus (COVID-19) pandemic has forced many around the world to rethink their daily lives from work to school to entertainment. In response to travel bans, school closures, and recommendations on social gatherings, protocols and social distancing which are all targeted...
While the Coronavirus may have forced organisations to adjust the way they operate, at Global Accelerex, it has not halted either our progress or our commitment to extend financial inclusion, improve the daily lives of people through the provision of bespoke e-payment solutions and our quest to spur growth...