The COVID-19 pandemic has spread globally and will not be over until it has been brought under control everywhere. Hence, international efforts are underway to support the world’s poorest countries. COVAX, a multilateral initiative organized by the World Health Organization and Gavi, the Vaccine Alliance, is arranging purchases of...
Financial institutions in Africa seek to create innovative value propositions and customer-friendly products and services, not only to generate client enrolments but also to bring populations into the financial mainstream for greater socio-economic good. Financial Inclusion remains a challenge in Sub Saharan Africa. Building payment and banking networks using the...
Despite the COVID-19 pandemic and its negative impact on businesses, the GRA was able to meet its 2020 revised revenue target. The Authority was tasked to collect a revised tax revenue target of GH¢42,769.50; as of December 2020, it collected GH¢45,338.69 million exceeding the budget by GH¢2,569.19 million thus, with...
… women traders generally more compliant “The danger is gone,” “no money to buy” and “mask is in my hand bag” are some of the main reasons influencing informal traders’ decisions not to wear masks in public. While the wearing of face masks remain a mandatory requirement in fighting...
The Ghana Revenue Authority has given clear indication that, in the coming days, it will be going after high-net-worth individual (HNWI) - persons with around US$1 million in liquid financial assets - whose asset base and affluence does not match the tax they pay. As a result, the GRA has configured and...
It would benefit the continent immensely if African countries open up their economies for investors, as it will speed up the success of the African Continental Free Trade Area (AfCFTA) agreement, European Union Ambassador to Ghana, Diana Acconcia, has said, adding that such a move won’t undermine the rules...
Thousands of Ghanaians including heads of the security agencies, leaders of political parties and the public thronged the Accra International Conference Centre (AICC) to pay their last respect to former President Jerry John Rawlings, 73, in a state funeral which will be climaxed tomorrow January 27. A mass and a...
Despite the ravaging effects of COVID-19 on the aviation industry, Emirates will continue to play an important role in ensuring that the sector bounces back strongly, Badr Abbas, Senior Vice President Commercial Operations-Africa, has said. 2020 was a year unlike any other. While the whole world was in lockdown, Emirates...
Olam Ghana, a leading supply chain manager of agri-products and one of Ghana’s largest cocoa buying agencies has been certified as a Top Employer for 2021 by the Top Employers Institute for their commitment to upholding HR best practices in the country. The Top Employers Institute certifies organisations dedicated to...
Fitch Ratings has upgraded United Bank for Africa (Ghana) Limited's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and Viability Rating (VR) to 'b' from 'b-'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is below. The upgrade reflects the strengthening of the...