Tag: COVID-19
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COVID-19: CalBank donates PPE to four major hospitals in Ghana
The Board of Directors, Management and Staff of CalBank, have donated a set of Personal Protective Equipment (PPE), valued at GHS 230,000.00 to four hospitals in Ghana. The beneficiary hospitals are the University of Ghana Medical Centre in the Greater Accra Region, the Komfo Anokye Teaching Hospital in the Ashanti Region, the Effia Nkwanta Regional…
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#CitiBizFestival: First virtual business forum comes off today
The first of the four virtual business forums for this year’s Citi Business Festival is scheduled to come off on Tuesday [June 2, 2020] on Citi TV. Christened ‘Reboot’, the virtual business forum, will be discussing how you can restart your business after COVID-19. Discussants include; Michael Mensah-Baah, Chief Operating Officer of Absa Bank Ghana…
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Local firms must tap into COVID-19 opportunities to meet demand – Michael Kottoh
Managing Partner of Konfidants, Michael Kottoh, has emphasized the need for Ghanaian manufacturing companies to tap into the opportunities presented by COVID-19, which has disrupted the global supply chain of essential items. He says the growing demand for locally produced goods will require that businesses adjust their models to suit the changing times. Countries that…
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COVID-19: Restaurants to offer ‘seated services’ with enhanced measures
As COVID-19 induced restrictions begin to ease gradually in Ghana, restaurants have been given the green light to provide seated services but with enhanced measures. Hotels are also to operate a bit more freely by holding conferences and workshops with enhanced safety protocols. President Akufo-Addo announced these in a nationwide broadcast on Sunday, May 31,…
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Economist cautions gov’t to avoid overspending due to COVID-19
Economist, Dr. Lord Mensah, has advised government to be measured in its expenditure for the 2019/2020 financial year particularly amidst the coronavirus pandemic. His advice comes on the back of a government request for 10 billion cedis financial support from the Bank of Ghana to mitigate the economic impact of COVID-19. The Finance Minister, Ken…
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Argentina may spend over $880 million to prop up state airline
Argentina may have to dole out at least $880 million in subsidies this year to keep its state airline afloat, further weighing on government finances after the nation’s ninth sovereign default. Aerolineas Argentinas President Pablo Ceriani said the carrier’s budget shortfalls, up from about $680 million last year, will persist until demand rebounds, which isn’t…
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Ghana’s COVID-19 cases rise to 7,881; 2,841 recoveries and 36 deaths
Ghana’s COVID-19 case count has risen to 7,881 following the confirmation of 113 new cases. This was confirmed by the Ghana Health Service on Sunday, May 31, 2020. The update also indicates that 301 more people have recovered from the virus, increasing the tally for recoveries to 2,841. One more person has also succumbed, putting…
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Ghana’s COVID-19 case count hits 7,768; 2,540 recoveries and 35 deaths
Ghana’s COVID-19 cases have risen to 7,768. This was revealed by the Ghana Health Service on Saturday 30th May, 2020. The update shows that 152 new cases have been recorded in the country. Also, some 128 people have recovered from the virus taking the number of recoveries to 2,540. Meanwhile, one death has also been…
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Access Bank embraces new normal with virtual AGM for shareholders
In keeping with regulations for listed companies on the Ghana Stock Exchange (GSE) amidst the restrictions on public gathering due to COVID-19, Access Bank Ghana has led the way by holding its 12th Annual General Meeting (AGM) through a virtual platform for its shareholders. The virtual AGM was held to consider and adopt the statement…
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50 more Jubilee Field petroleum workers test positive for COVID-19
Fifty more petroleum workers at the Jubilee Field operated by Tullow Oil have tested positive for COVID-19. “There were two cases that were confirmed, and we did some contact tracing and about 50 of them are positive and they are asymptomatic,” the Western Regional Director of Health, Dr. Jacob Mahama, said to Citi Business News.…