The United Nations (UN) Department of Economic and Social Affairs (DESA) has said the gross domestic product (GDP) in developed countries will plunge to -5.0 percent by mid-2020. The World …
SMEs
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Banks and Specialised Deposit-Taking Institutions (SDIs) in the country have received a major financial cushion from the Bank of Ghana, through the latest directive on the suspension of distribution of …
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The number of people facing acute food insecurity could nearly double this year to 265 million due to the economic fallout of COVID-19, the United Nations’ World Food Programme (WFP) …
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The National Board for Small Scale Industries (NBSSI) has begun documentation for the disbursement of the GHc600 million soft-loan scheme pledged by government to alleviate negative impacts of the COVID-19 …
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Ghana received unexpected good news, from an unexpected source, over the weekend as the International Monetary Fund announced that its Executive Board had approved a Rapid Credit Facility of US$1 …
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The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of SDR 738 million (about US$1 billion) to be drawn under the Rapid Credit Facility (RCF). In …
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Banking & FinanceSMEsTop Story
First National Bank Ghana introduces ‘RealHelp’ to cushion customers impacted by COVID-19
First National Bank Ghana Limited is introducing a raft of relief packages to help both individual and corporate customers against the economic impact of the COVID-19 pandemic. “Long before the …
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Management and staff of Bosante Enterprise, producers of Unique Mineral Water, as part of its Corporate Social Responsibility and its upcoming 20th anniversary celebration, has donated relief items to beneficiaries …
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The shocks from the COVID-19 pandemic and the ongoing price war on crude oil have not only affected business and financial cycles globally but have also significantly impaired the public …
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As the coronavirus disease (COVID-19) menace shows no sign of declining with the number of confirm cases on the rise each day, traders in consumables such as face masks, hand …

