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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Government urged to build local capacity to help produce COVID-19 vaccines

byBobbie Osei
February 16, 2021
in Invest In Ghana, Local Economy, Manufacturing, News, Top Stories
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As government works to procure some 17 million doses of COVID-19 vaccines by the end of June 2021, it has been urged to prioritize investing in systems that will guarantee the development of different vaccines in Ghana in the medium to long term.

Per the latest updates from the Ghana Health Service, which is up to February 10, 2021, active cases had risen to 8,216, whereas the number of deaths had also risen to 533, creating some anxiety about the country’s fight against the pandemic.

But all things being equal, a total of 17.6 million vaccine doses should be procured for the Ghanaian people by the end of June, according to President Akufo-Addo.

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In an interview with Citi Business News, the Executive Secretary of the Pharmaceutical Manufacturers Association of Ghana, Lucia Addae said the financial burden on the country will be huge if government procures all vaccines from outside.

“Our understanding is that government is bringing in some 17.6 million doses and that means that if you divide it by two because what we have available now, you need two doses (It’s the Johnson & Johnson type that you need one dose). So if you need two doses then the number we are bringing in by June will cater for 8.8 million people. Now what that means is that if we engage AstraZeneca, which is possibly the case, and it comes at about $4, then we are looking at $35.2 million, which is a lot of money.”

She also added that Ghana needs to develop the ability to produce vaccines locally for domestic and regional use.

“For us, there are one of two things. One, it takes about 50 million dollars to set up a manufacturing plant. The other thing is that we have a company in the country Transatlantic (Pharmanova) that has actually set up an ultra-modern facility, and they are rounding up, doing their clinical trials and all of that, and with a little help they can even do form and fill in the country which can help reduce the overall cost.” 

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BoG urged African DFIs to enhance credit rating positions to boost investment

Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

Gold exports push Ghana’s trade surplus to $1.3 billion in April

Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

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Take control of financing on the continent – Ofori-Atta to AfDB

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