Tag: Coronavirus
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Be responsive to succeed as employees – Sam Jonah to graduates
Former President of Anglogold Ashanti and Executive Chairman of Jonah Capital, Sir Sam Jonah has cautioned of difficult times for new graduates entering the job market in the short to medium term, even as the world grapples with the ongoing coronavirus pandemic. Since the pandemic began last year, thousands of Ghanaians have been laid-off, with…
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Reopening of schools: Books and stationery retailers hopeful of cashing in soon [Video]
It’s been nine months since classrooms across the country were filled with students at various levels. The slowdown in educational activities affected operators of books and stationery stores across the country. A visit to some stores in the Central Business District of Accra indicates that many of these operators are hopeful of cashing in on…
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Ken Ofori-Atta writes: Africa deserves more help for COVID-19
Ghana confirmed its first two COVID-19 cases on March 12; imports from Norway and Turkey. Africa has since recorded more than 1.5 million cases and counting, though in terms of infections and deaths, we have fared better than most regions. Perhaps this is because of our youthful population, the natural social distancing of outdoor living…
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World Bank predicts COVID-19 induced economic downturn in Sub-Saharan Africa
Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing the region into its first recession in 25 years, according to the latest regional economic analysis Africa’s Pulse: Charting the Road to Recovery. The pandemic could also drive up to 40…
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Inflation drops to 10.5%; lowest rate since April 2020
Ghana has recorded its lowest National year-on-year inflation rate since the country recorded its first Coronavirus case in March. The inflation rate for August which is 10.5 percent represents a 0.9 percentage point drop from the 11.4 percent recorded in July this year. The significant reduction was influenced by the lower inflation levels of food…
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Coca-Cola Bottling Company-Ghana to lay off workers as COVID-19 hits hard
A number of employees of the Coca-Cola Bottling Company of Ghana Limited, will soon be discharged of their duties. This was announced in a statement signed by the Business Unit Managing Director WAC of the Company, Felix Gomis. According to the statement, this declaration of redundancy has come about due to challenges faced by the…
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Importers hopeful of better trade should borders reopen
The Importers and Exporters Association of Ghana has welcomed the hint by the President, Nana Addo Dankwa Akufo-Addo that the country’s air borders may be opened in September 2020. Ghana’s air and land borders have been closed since March following the occurrence of the novel coronavirus. The closure has adversely affected most businesses, including the…
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Travel and tour operators excited over possible reopening of air borders
Some operators in Ghana’s Travel and Tour industry have welcome the news of the possible reopening of the Kotoka International Airport for international air travels on September 1, 2020. President Nana Akufo-Addo announced a possible reopening of the air borders in his latest update on the country’s fight against the Coronavirus pandemic last Sunday, August…
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Economist urges BoG to extend COVID-19 measures to help businesses
Economist, Adu Owusu Sakodie, has suggested that the Bank of Ghana extends its interventions introduced three months ago to support businesses in the wake of the coronavirus pandemic. The central bank reduced its policy rate which triggered a drop in interest rate among commercial banks to cushion businesses. In March this year, the Monetary Policy…
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Add value to stay employed amidst COVID-19 – Jobberman MD urges employees
The Managing Director of Jobberman Ghana, an HR recruitment Solutions firm, Kwaku Agbeshi, has advised employees to enhance their skill set by being innovative in the face of uncertainties like the coronavirus pandemic. According to him, in such situations where job losses are very likely, workers who are innovative and have the right skill set…