Tag: Lockdown
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Inflation rises to 11.3% in May 2020 as food prices continue to go up
The continuous rise in prices of food items pushed Ghana’s inflation up to 11.3% in May 2020. This means that between May 2019 and the same period in 2020, the prices of items have increased by 11.3%. This figure is also 1.7 percentage points higher compared to the 10.6% inflation recorded in April 2020. The…
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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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COVID-19: COPEC calls for emergency support for oil and gas companies
Following the economic impact of the novel Coronavirus on individuals and businesses, the Chamber of Petroleum Consumers (COPEC) is urging government to consider providing emergency assistance to oil and gas companies. According to COPEC, a lot of these companies are, “are reeling heavily under the harsh effects of our 3 weeks lockdown and subsequent low…
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Akufo-Addo extends closure of Ghana’s borders by two weeks
President Akufo-Addo has extended the closure of Ghana’s borders by two more weeks. The extension takes effect from midnight of April 5, 2020. The Minister for Information, Kojo Oppong Nkrumah in a tweet on Saturday said; “President Akufo-Addo has by a new Executive Instrument, E.I. 66, extended the closure of Ghana’s borders by another two…
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Registrar Generals Dept., other state agencies shut their doors over partial lockdown
Several businesses that are not in the essential services category including key state institutions have shut down their offices for the next two weeks in line with the partial lockdown. President Nana Addo Dankwa Akufo-Addo in imposing a lockdown on the Greater Accra Metropolitan Area including Kasoa in the Central Region, and the Greater Kumasi…
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Lockdown in Ghana will hit informal sector hard; subsidies may be needed – Dr. Sarkodie
An economist, Dr. Adu Owusu Sarkodie, has stated that majority of Ghanaians who work in the informal sector will be impacted heavily should government order a lockdown as a stern measure to contain the spread of the coronavirus. Following the steady increase in the number of recorded cases of COVID-19 in Ghana, there have been…