Coronavirus
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Stock Market shows green following CAL and MTN advancements

May 2, 2020 Market Summary Gains in two telecom and banking counters pushed the GSE Composite Index up by 97.79 points (+4.71%) to close at 2,172.70 with a -3.74% year-to-date return while market...

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May 2, 2020 / Comments (0)

Ghana seeks more funds from the World Bank – Akufo-Addo

May 2, 2020 President Nana Addo Danwa Akufo-Addo has said discussions are ongoing between Finance Minister Ken Ofori Atta and officials of the World Bank to raise more funds to deal with the effect of...

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May 2, 2020 / Comments (0)

Income Tax Act amended to assist specific tier 3 contributors affected by COVID-19

May 2, 2020 Parliament has amended the Income Tax (Amendment) Act 2015 to exempt withdrawals from third tier Provident funds and personal pension schemes from tax. This is to cushion only contributors...

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May 2, 2020 / Comments (0)

Akufo-Addo extends Ghana’s border closure by one month

May 2, 2020 President Nana Addo Dankwa Akufo-Addo has extended the closure of the country’s borders by one month. The extension takes effect from Monday, May 4, 2020, at 1:00am. The President made...

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May 2, 2020 / Comments (0)

Coronavirus crushes feeble stock market – Databank Report

April 30, 2020 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...

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April 30, 2020 / Comments (0)

More banks’ deposits given as loans … as private sector sees increased capital support

April 30, 2020 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,...

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April 30, 2020 / Comments (0)

Global e-commerce hits US$25.6 trillion – Latest UNCTAD estimates

April 29, 2020 E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN’s trade and development body, UNCTAD, at the...

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April 29, 2020 / Comments (0)

Ghana and UK meet on COP26 issues

April 29, 2020 Ghana and the United Kingdom (UK) have agreed to continue to work together to encourage commitment towards climate action amid the COVID-19 pandemic. A statement copied to the media by the...

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April 29, 2020 / Comments (0)

Airports get ready to recommence operations

April 29, 2020 … Zoomlion undertakes massive disinfection exercise at KIA and 3 others to pave the way for domestic operations The Minister for Aviation, Joseph Kofi Adda, has said that...

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April 29, 2020 / Comments (0)

Implementation of the AfCFTA deal postponed due to coronavirus

April 29, 2020 The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the coronavirus outbreak, a senior official said on Tuesday....

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April 29, 2020 / Comments (0)