The mining sector remains resilient despite the economic threat of the coronavirus pandemic in Ghana, Dr. Toni Aubynn, president of the Africa Institute of Extractives Industry (AIEI), a think-tank said.
A string of corruption and abuse of office allegations has been made against the Nigerian banker and head of the African Development Bank AfDB, Dr. Akinwumi Adesina by some unnamed employees of the sub-regional bank.
More roles in the country’s developing oil and gas industry are increasingly opening up for Ghanaian employees as they emerge as the dominant workforce driving the multibillion-dollar industry.
There is a letter from the government instructing the two trade facilitation vendors at the country’s ports, GCNet and WestBlue, to wind down their operations by May 31, 2020.
The Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has underscored the need for Ghana and other African countries to work towards the operationalisation of the Africa Continental Free Trade Area (AfCFTA) despite the impact of the COVID-19 pandemic.
Ms. Kosi Antwiwaa Yankey, the Executive Director for the National Board for Small Scale Industries (NBSSI) says there will be no need for small business in the country to submit collateral to access government's stimulus package.
It is too soon to tell how heavy the human and health toll from COVID-19 will be in Sub-Saharan Africa. But the pandemic’s terrible economic impact on the region is already clear.
Parliament is set to deliberate on a new law to replace the Borrowers and Lenders Act it passed 12 years ago, which has been described by the government and central bank as insufficient to transform the financial sector’s credit administration regime.