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...
A new banking sector report (March 2020) published by the Bank of Ghana has shown that more than half of banks’ deposits mobilised between February 2019 and February 2020 went into loans, an indication that banks are living up to their mandate of supporting the private sector with access...
Estimates suggest that between 40-70 per cent of the world’s population could become infected with the COVID-19 pandemic. The crisis has already transformed into an economic and labour market shock, impacting not only supply (production of goods and services) but also demand (consumption and investment). All businesses, regardless of size,...
The Ghana Employers’ Association (GEA) has petitioned the Minister of Finance to establish an Emergency Fund from which businesses can access working capital, pay salaries and purchase raw materials for production as COVID-19 continues to bite hard. The petition was drafted by the association after deliberations among its members on...
Without Asia’s buyers due to the Coronavirus pandemic, local cashew farmers and dealers say they are left with no option but to sell their raw nuts at giveaway prices. The cash crop has been a supreme contributor to the country’s Non-traditional Exports (NTEs) earnings over the years, topping the list...
Over 9.6 million learners attending pre-primary to tertiary education in Ghana, have been affected by the unprecedented closure of schools due to Covid-19 (UNESCO, 2020). Persons on the autism spectrum (a neurodevelopmental disorder with associated challenges of social communication, social interaction and rigidity/restrictive repetitive behaviour), have likewise been affected. Now, educational...
The decision to involve Rural and Community Banks in the distribution of funds from the COVID-19 stimulus package to businesses is both proper and timely. Together with the EXIM Bank and other commercial banks, the RCBs will ensure the stimulus package reaches all potential SMEs earmarked to receive the...
It is as if the COVID-19 pandemic which is ravaging the globe is not bad enough, and farmers are feverishly preparing their fields to catch the rains in good time. Fall armyworm (FAW) infestations were first reported in the country in 2016 with maize as a preferred host. Subsequently, the...
 “The path of success in business is invariably the path of common-sense. Notwithstanding all that is said about lucky hits, the best kind of success in every man’s life is not that which comes by accident. The only good time coming we are justified in hoping for is that...
The country’s already struggling stock market has not been spared the impact of deadly coronavirus pandemic as a report by Databank Research shows that significant value has been wiped off the market once the first case was recorded in March. The report, which analyses the economy for the first quarter,...

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