Despite all the gains made by the local currency against its major trading currencies at beginning of the year, especially the United States dollar, the coronavirus pandemic impact has washed all away, causing the cedi to lose its strength.
The cedi, which appreciated by 4.5 percent as of the end...
The Ghana Export Promotion Authority (GEPA) is anticipating an export boom post COVID-19, and is therefore stocking its website with export educational materials aimed at training interested persons to understand the nuances of export.
According to the authority, the lockdown provides it with a great opportunity to empower many people...
COA Herbal Centre, producer of COA FS - a dietary supplement which supports the immune system to naturally treat and prevent deadly diseases - has hit back at the Food and Drug Authority (FDA), saying their drug is not contaminated.
According to the company, it is surprising that a...
President Akufo-Addo in his seventh address to the nation on Sunday announced an end to the three-week partial lockdown imposed on some parts of the country which has elicited some mixed reactions.
Generally, there was a sense of jubilation, particularly for those who eking out a living was becoming unbearable...
The Bank of Ghana has ordered banks and Specialised Deposit-Taking Institutions (SDIs) to suspend the declaration and payment of dividends or distribution of any reserves to shareholders and for making any irrevocable commitments until further notice.
This directive, follows an earlier notice from the regulator halting banks and SDIs to...
The Executive Board of the International Monetary Fund (IMF) today approved the disbursement of SDR 738 million (about US$1 billion) to be drawn under the Rapid Credit Facility (RCF). The disbursement will help address the urgent fiscal and balance of payments needs that Ghana is facing, improve confidence, and...
- calls for concerted efforts towards tackling the virus
The President of the National House of Chiefs, Togbe Afede XIV, has urged traditional and religious leaders to support the national efforts toward stopping and containing the coronavirus (COVID-19) pandemic, in the country.
He said while the role of both traditional and...
The Western Region has confirmed its first case of the novel coronavirus (COVID-19) at Anto in the Shama District of the Western Region.
The confirmed case in question involves a Chinese foreign national, who arrived in Ghana on Saturday, March 21, 2020, and was in self-isolation for the mandatory period...
Ghana’s Coronavirus (COVID-19) situation has seen a significant jump by 158 new cases, the highest jump over 24 hours, to currently stand at 566 cases.
According to a tweet by the Diseases Surveillance Department of the Ghana Health Service the virus has spread to 10 regions of the country’s 16...
The ban on public gathering announced as part of measures to contain and stop the spread of the novel coronavirus has now been extended by two weeks, with the signing of a New Executive Instrument (EI), EI 64.
This was also in addition to the signing of a new Executive...