Tag: COVID-19
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Money Wisdom Series: How to sustain your business within the COVID-19 period
This is very uncertain times for the world especially governments, businesses and individuals, but what is important is that, it’s not time to panic, rather it is time to prepare to weather the impact of Covid-19. There are support systems and things businesses and individuals can do to mitigate the impact of covid-19 on their…
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Businesses urged to be sensitive in communication amid COVID-19 pandemic
A Public Relations and Marketing Executive, Gayheart Mensah has stated that it is important for organisations to be sensitive in their communication and be circumspect in their messaging as the world faces the Coronavirus pandemic. According to him, corporate organisations should align their messages to the current global pandemic. “It is important for organisations to…
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Hotels, restaurants and drinking spots allowed to reopen; night clubs still closed
Hotels, restaurants and drinking spots, have been given the green light to operate weeks after they were barred from doing so as part of measures to curtail the spread of COVID-19. The ban on public gatherings and the closure of borders has affected the hospitality industry the most, forcing some hotels and restaurants to cut…
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Ghana’s COVID-19 cases now 5,408 with 514 recoveries; 24 deaths
Ghana’s COVID-19 case count has increased to 5,408. The total number of recoveries has also shot up to 514, with the death toll rising to 24. This was confirmed by the Ghana Health Service in its regular update on Wednesday, 13th May, 2020. Regional Breakdown The Greater Accra Region tops the list of regions with…
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Registrar-Generals Department extends date for filing of annual returns for 3 months
As part of measures to alleviate the economic burden on taxpayers due to the novel Coronavirus pandemic, the Registrar-Generals Department (RGD), has extended the deadline for the filing of annual returns from April 30th, to July 31st, 2020, for all companies whose financial year ended by 31st December, 2019. According to the Department (RGD), companies…
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Ghana’s economy couldn’t withstand partial lockdown beyond 3-weeks – Ofori-Atta
Finance Minister, Ken Ofori-Atta, has admitted that it was impossible for government to have continued the partial lockdown imposed on Accra, Tema, Kasoa and Kumasi beyond the three weeks announced by President Akufo -Addo. According to him, the Ghanaian economy, which is largely informal, cannot sustain that decision beyond the three-weeks. President Akufo-Addo on March…
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NBSSI can’t disburse and recover GHS600m SMEs loan efficiently – Dalex CEO
The Chief Executive Officer of Dalex Finance, Ken Thompson, wants government to reconsider its decision to allow the National Board for Small Scale Industries, NBSSI, to disburse the 600 million cedis stimulus package for SMEs. According to him, financial institutions are in a better position to disburse the money efficiently and ensure full recovery. It…
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70% of car rental workers asked to go home temporarily – Association
More businesses are counting their losses from the economic impact of the COVID-19 pandemic on their operations. The latest is the Car Rentals Association, which has already asked about 70% of its staff to go home temporarily as they contemplate business continuity plans. In some cases, workers have lost their jobs; while others have taken…
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Bawumia urges businesses to take advantage of technology to improve efficiency
The Vice President, Dr. Mahamadu Bawumia, says the outbreak of COVID-19 is providing an opportunity for businesses across the world to adopt technology to improve efficiency. According to him, the pandemic will change the process of doing business, something that developing countries such as Ghana must take advantage of. He’s hopeful that electronic transactions in…
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Cutting down advertising budget amid crisis: A suicide mission or cost saving mechanism?
The robust plans drawn by many governments and organisations have been disrupted following the emergence of the novel coronavirus (COVID-19) within the first quarter of this year. Obviously, many organisations including governments never saw it coming, hence failed to plan towards addressing it and taking advantage of the opportunities it also presents. Government budgets have…