BUSINESS

The International Monetary Fund (IMF) has disclosed that it stands ready to offer $10 billion to low-income member states at zero interest rates to help them combat the novel coronavirus (COVID-19). The Fund said the move could provide about $50bn to emerging and developing economies, while up to $10billion could be made available to the IMF’s low-income members through its ...

The Harvard T.H. Chan School of Public Health has held its Inaugural Joseph Siaw Agyepong Distinguished Lecture on Public Health in Africa. This is in honour of the Founder and Executive Chairman of the Jospong Group of Companies, Dr. Joseph Siaw Agyepong for his initiatives, contributions to, and impact on the Public Health Sector in Ghana. The inaugural lecture was ...

President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng has stated that the outbreak of the global pandemic, coronavirus has exposed the deficiencies in the Ghanaian local manufacturing industry, adding that the country has been left badly exposed due to its reliance on other countries for essential goods and services. According to Dr Obeng, the deadly disease ...

The Chamber of Petroleum Consumers (COPEC) is urging fuel stations to make all the necessary arrangements to install self-serving or automated pumps across some service stations. This is to reduce the possibility of physical contact between the customer and attendants at the various stations within this coronavirus outbreak period. In a statement, COPEC said “We further encourage the use of ...

The Bank of Ghana (BoG) says it will continue to assess the possible impact of the CODVID-19 pandemic on the domestic economy and is, thus, taking the necessary steps to mitigate its impact, to ensure financial and economic stability. The Bank’s Monetary Policy Committee is scheduled to meet from Wednesday, 18 March 2020 to Friday, 20 March 2020. The Central ...

MTN group president and CEO Rob Shuter will step down at the end of his fixed four-year contract in March 2021, the company announced on Wednesday. “Under his leadership significant progress has been made, including establishing and effectively communicating a clear vision and strategy, driving the resolution of a number of complex matters and delivering significant improvements in transformation, operational ...

Per the calculations of the National Petroleum Authority (NPA) fuel prices are likely to go down by about 15% in the next pricing window which starts on 16 March, 2020, Hassan Tampuli, CEO of the NPA , has said. He has therefore called on all calling for a reduction in fuel prices to wait till the next windows starts. The ...

The Government will launch a new payment system known as the ‘Universal QR Code’ by March 24 to provide customers with an easy option for digital payment on business transactions. The Universal QR Code is the world’s first interoperable payment acceptance solution and provides customers with an easy option for digital payment on business transactions, which reduces the technological challenges ...

If you’ve never invested in the stock market before, it can be an intimidating process. Stocks are not like savings accounts, money market funds, or certificates of deposit, in that their principal value can both rise and fall. If you don’t have sufficient knowledge of investing — or emotional control — you can lose most or even all of your ...

The Coalition of Non Governmental Organisations in Water and Sanitation (CONIWAS) and the Environmental Service Providers Association (ESPA) have jointly called on the President H.E. Nana Addo Dankwa Akufo-Addo and his entire government to as a matter of urgency attend to all sanitation related issues critically in order not to loose the fight against filth as a government. In a ...