Author: Ebenezer Afanyi Dadzie
-
Gov’t requests to use part of Heritage Fund for COVID-19 fight
The Finance Minister, Ken Ofori-Atta, is calling for the amendment of the Petroleum Revenue Management Act (PRMA) to allow government to utilize portions of the Ghana Heritage Fund to deal with the Coronavirus pandemic. The Heritage Fund is a creation of section 10 of the Petroleum Revenue Management Act 815 enacted in 2011. The purpose…
-
Coronavirus pandemic to cost Ghana GHS9.5bn – Finance Minister
The novel coronavirus pandemic is set to cost Ghana GHS9.505 billion, according to Ken Ofori-Atta, the Finance Minister. This will be 2.5 percent of Ghana’s revised GDP. “Speaker, the total estimated fiscal impact from the shortfall in petroleum receipts, shortfall import duties, the shortfall in other tax revenues, the cost of the preparedness plan, and…
-
Private sector businesses to raise GHS100m to support COVID-19 fight
A group of private sector business owners have come together to launch the Ghana Private Sector COVID-19 Fund to raise a minimum of 100 million Ghana Cedis to support government’s fight against the COVID-19 pandemic. This is in spite of the fact that government itself has set aside a stimulus package of One billion cedis…
-
Ghana’s COVID-19 cases now 136
Ghana has confirmed four new cases of the Coronavirus (COVID-19), raising the total case count to 136. The four new cases were confirmed within the general population by the Ghana Health Service on the morning of Friday, March 27, 2020. Authorities say contact tracing has been initiated for the new cases. The new patients have…
-
Sunda Ghana boosts health and safety procedures at factories against COVID-19
Safety procedures at the premises of Sunda Ghana Limited, producers of Kleesoft range of products has been boosted with strict adherence to health directives in a bid to curtail the spread of the coronavirus in Ghana. Ghana has so far recorded 132 cases of the disease with three deaths and one recovery. Addressing journalists during…
-
U.S. weekly jobless claims surge to 3.28 million as coronavirus spurs mass layoffs
The number of Americans filing claims for unemployment benefits shot to record of more than 3 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs that likely brought an end to the longest employment boom in U.S. history. Initial claims for…
-
Huawei Cloud launches AI-Assisted diagnosis for COVID-19, producing CT quantification results in seconds
In the face of the COVID-19 epidemic, the National Health Commission of China has included CT features of COVID-19 as the clinical diagnosis standard for COVID-19 in Hubei Province in its official diagnosis and treatment solution released on February 4, 2020. As one of the decision-making methods for COVID-19 diagnosis and treatment, CT powers fast…
-
Traders cash in on Veronica buckets as demand goes up due to COVID-19
The coronavirus undoubtedly threatens the survival of many businesses globally. But it is also a time some businesses are cashing-in. For instance, those producing hand sanitizers, liquid soaps, face masks, wipes and gloves are making huge gains due to a high demand for these products that serve as protective gears against the disease. At Kumasi…
-
COVID-19 fight: IMF acknowledges receipt of Ghana’s request for credit facility
The International Monetary Fund, IMF, has confirmed receipt of Ghana’s request to the Fund seeking financial assistance to help the country address the economic impact of the COVID-19 pandemic. Ghana has recorded 53 cases with two deaths, and the numbers are expected to rise. Schools have shut down, with public gatherings suspended for four weeks,…
-
Ghana’s COVID-19 cases hit 52, 1,030 travelers under mandatory quarantine
The total number of persons currently under mandatory quarantine as part of efforts to curtail the coronavirus spread in Ghana stands at 1,030. These persons were quarantined after arriving at the Kotoka International Airport hours before the deadline for the closure of the country’s borders. This was revealed by the Chief Legal Advisor at the…