The firm price of gold in the face of the Coronavirus pandemic offers significant hope to the economy, a former Chief Executive Officer of the Minerals Commission, Dr. Toni Aubynn, has said. Speaking during a webinar on how mining could help to mitigate the adverse impact of the pandemic on African economies and revenue mobilization for […] The post Gold offers economy hope amid
The Chief Justice, Kwasi Anin–Yeboah, has approved the establishment of a creative arts court to deal with all pending and future arbitrations concerning the industry in an expeditious manner, to protect the rights and interests of creative art practitioners. Announcing the decision, the Minister for Tourism, Arts and Culture, Barbara Oteng-Gyasi, said the establishment of the […] The post Creative
It has come to the notice of the management of Mole Motel Company Limited that your widely read Business & Financial Times published a report authored by one Samuel Sam on the above subject “NEDco clamps down on power theft in the Northern and Savannah Regions”. According to the publication dated 23rd July 2020, which […] The post REJOINDER:
Stunning restoration and conversion of a historic building places Accra City Hotel’s guests in the heart of the city and among the first to savour the debut of a new dining experience by award-winning Chef Lucky Alifoe. With an attractive and well lighted lobby welcoming guests at its heart, Accra City Hotel is located within the commercial […] The post Accra
Tertiary education plays a critical and positive role in the development of every nation. The increasing global recognition of relevant tertiary education as a major driver of economic transformation has contributed to the growing demand for high quality tertiary education. To this end, educational institutions the world over are focused on training problem solvers, applying […] The post Academic
Over the last 30 years, research and development in “Green energy” has exploded, producing hundreds of promising new technologies that can minimize the world’s dependence on fossil fuels, including oil, natural gas, and coal. The Environment Protection Agency (EPA) describe Green energy as power produced from natural sources such as wind, biogas, solar, geothermal and […] The post Africa
Board Chairman of GCB Bank, Jude Kofi Arthur, has said publicly listed companies that have large shareholder numbers, should make virtual features a regular aspect of annual general meetings even after normalcy returns in a post COVID-19 world. “It is something that large companies should use. Outside Ghana, some of these major investment funds with […] The post AGMs
The President of AGRA, Dr. Agnes Kalibata, has been named by Reputation Poll International as among the “100 Most Reputable Africans of 2020”. The 2020 list of 100 Most Reputable Africans features 47 women and 53 men from diverse sectors including leadership, entertainment, advocacy, education and business. Other leaders named on the list include Dr. […] The post AGRA
The Consolidated Bank Ghana (CBG), acting through a directive from the Ministry of Finance, will be supporting seven State Owned Enterprises (SoE) with some GH¢312 million to stabilize their operations, especially pay workers’ renumeration as the Coronavirus has impacted their finances adversely. The credit facility is a government guaranteed concessionary credit with a moratorium and […] The post CBG
Lending is one of the main activities of banks in Ghana. This is evidenced by the volume of loans that constitute bank assets and the annual volume of credit granted to borrowers in the private and public sectors of the economy. However, the banking industry has undergone a challenging period in recent years, surviving an […] The post Assessing the sectoral
Government’s GH¢100 billion COVID-19 Alleviation and Revitalisation Enterprises Support (CARES) programme aimed at stimulating large industries to enhance job creation and foster economic revival must be properly managed or risk further shooting up the debt stock, global auditing giant Deloitte has said. The country’s public debt stock has increased to GH¢255.5 billion, representing more than […] The post CARES
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers. This is according to results from a new COVID-19 Business Tracker Survey conducted by the Ghana Statistical Service (GSS), in collaboration with […] The post COVID-19
Sometimes something might seem like bad news but could turn out to be a blessing in disguise. It is an open secret that the outbreak of coronavirus (COVID-19) has been a catastrophic turn of events in economies and business. However, it has also created business space for others to capitalise on. The coronavirus pandemic has […] The post COVID-19: A blessing in disguise appeared first
The attention of Management of the Ghana Revenue Authority has been drawn to media reports that appear to indicate that the Tema Collection of the Customs Division failed to meet its revenue target by 45% due to the deployment of the Integrated Customs Management System (ICUMS) at the Terna port. This assertion is completely misleading […] The post Customs revenue performance
Local pharmaceutical manufacturers want the imposition of restrictions on the importation of basic drugs that are being produced in the country, so as to promote the local industry and make the vision of ‘Ghana beyond Aid’ a reality. Indeed, the impact of COVID-19 on the economy and the realization that the local pharmaceutical industry can […] The post Editorial:
Communication is essential for success. Whether at the interpersonal or professional level, we spend a staggering amount of time communicating. Communication allows people to generate meaning through the exchange of verbal and nonverbal messages. However, there are a number of concepts that shape human communication. These concepts are critical for understanding the communication process. They […] The post Elements
As part of efforts to promote the industrialization agenda of government and to hasten the revival of the pandemic-hit economy by increasing non-traditional exports, the Ghana Exports Promotion Authority has inaugurated a new bauxite bead making facility at Abompe in the Eastern Region. The new GH¢500,000 facility, comes in two phases, with the first phase […] The post GEPA
FBNBank Ghana has signed award winning Reggae and Dancehall recording artiste, songwriter and performer, Samini as ambassador of its new product, quick banking *894#. Samini will be featured in a gripping integrated advertising campaign for the quick banking *894# product which will run on radio, print and online channels. Africa1 Media, Samini’s management company expressed […] The post FBNBank
How do you navigate your way through a location you are not familiar with? This calls for the need of a directional map that shows you your current location and give you the opportunity to choose your destination. The lack and/or inadequate financial strategy we put in place puts pressure on our finances and also […] The post Financial plan: how to create a financial road
In a unique move to build the digital capacities of job seekers, the Ghanaian-German Centre for Jobs, Migration and Reintegration (GGC), in collaboration with the Ministry of Employment and Labour Relations, has launched another flagship programme – ICT Skills Training for Students and Job Seekers. This programme is expected to equip job seekers and students […] The post Ghanaian-German
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