When it comes to protecting your company’s Human Resource (HR) data, “secure enough” isn’t good enough. Every enterprise today is a target for aggressive hackers, which is why data security should always be top of mind. Companies need to be proactive about defending against breaches — merely reacting to threats puts you several steps behind […] The post InfoSec
What is populism? Economists, unsurprisingly, have defined the phenomenon in exclusively economic terms. The classic definition of populism is “an approach to economics that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints, and the reaction of economic agents to aggressive nonmarket policies” (Dornbusch and Edwards 1991). The […] The post Embracing
On Sunday night, the President delivered his 14th address to the nation on measures taken against the spread of the novel and devastating COVID-19. He used the address to reaffirm government’s determination to save lives, jobs and livelihoods, while revitalising the economy, and safeguarding the future. As part of the process to gradually ease the […] The post Eased
At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities. African countries, at just such a crisis point as a result of the novel coronavirus, face three possible outcomes post-pandemic: play catch-up, stand still or fall even further behind the […] The post After
The Ministry for Fisheries and Aquaculture Development has distributed 300 outboard motors to fishermen in the Western Region. With these subsidized outboard motors, the government and fishermen share the cost equally and it is to support the livelihood of the fishers and the fishing communities Mrs. Elizabeth Afoley Quaye, Minister for Fisheries and Aquaculture […] The post 300
Auditing firm, PricewaterhouseCoopers (PwC) has asked government to put in place measures to insulate the Coronavirus Alleviation and Revitalization of Enterprises Support (CARES) programme from any political risk and transcend regimes since it has the potential to place the economy on a sustainable growth path. The Finance Minister announced in Parliament last week that the CARES […] The post PwC
About 500 illegal miners operating on the concession of the Ghana Rubber Estate Limited (GREL) say they are not ready to stop the illegal activities they are engaged in since there are no jobs in the communities. According to them, the 25acres of land they are mining on at ‘Mba mpe hia’ was given to […] The post Galamsey operators refuse to leave rubber plantation
Golden Star Resources (GSR) Limited, the gold mining company that owns and operates the Wassa and Prestea underground mines, has said the sale of its Bogoso-Prestea Gold Mine to Future Global Resources (FGR) for US$95million presents the best opportunity to focus all of the company’s attention on maximizing the potential of the Wassa mine. The […] The post Now
Republic Bank Ghana Group, a subsidiary of Republic Financial Holdings Limited, posted a profit after tax of GH¢79.1 million for the year. This represented a year-on-year increase of 180.6 percent from the GH¢28.2 million registered in the same period last year. According to manager of the bank, the profit position demonstrates a healthy improvement over […] The post Republic
Of the GH¢21 billion used to ensure depositors’ funds are protected after the Bank of Ghana introduced reforms which led to the collapse of some financial institutions, just about one-tenth of that amount, or GH¢2 billion, has been recovered so far, leaving an astronomical GH¢19 billion yet to be retrieved, Governor of the central bank, […] The post GH¢19bn
The Monetary Policy Committee (MPC) of the central bank has again, unsurprisingly, maintained the policy rate as the ravages of the coronavirus pandemic have made it impossible for the rate to be cut for the private sector to have access to more affordable loans. Ever since the Bank of Ghana cut the policy rate by […] The post Economic uncertainty keeps policy rate at 14.5%
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