Pandemic-related lockdowns, flight cancellations, and border closures may be putting a crimp on summer vacation plans. However, the precipitous drop in tourism will have an outsized impact on countries that rely on foreign travelers—with potentially large-scale effects on their economies’ national accounts. Costa Rica, Greece, Morocco, Portugal, and Thailand could be among the hardest hit […] The post Cyril

The United States today not only looks ill, but dead broke. To offset the pandemic-induced “Great Cessation,” the US Federal Reserve and Congress have marshaled staggering sums of stimulus spending out of fear that the economy would otherwise plunge to 1930s soup-kitchen levels. The 2020 federal budget deficit will be around 18% of GDP, and […] The post Todd G. Buchholz’s

Global business travel has largely ground to a halt during the pandemic. Experts have been raising the alarm that this is the death of business travel as we know it, arguing that it will be a long time before the virus is really gone and that business people have become used to meetings on the […] The post Global business travel will not be killed

Amid global travel restrictions, social distancing protocols and prohibitions on mass gatherings, the world’s meetings, incentives, conferences and exhibitions (MICE) segment has been forced to adapt to the coronavirus context, with some events shifting online and others being deferred. Before the outbreak of the virus – and the subsequent introduction of travel restrictions and social […] The post How

Shama District in the Western Region is to benefit from a two –storey 100 bed capacity hospital at a total cost of €32 million. When completed it will be fitted with a theatre, a six-bed intensive care unit, a recovery ward, pharmacy, and laboratory. It will also have diagnostic services to include a CT scan, […] The post Shama District to benefit

IFC, a member of the World Bank Group, has announced that the Ghana Infectious Disease Centre, built in response to the COVID-19 pandemic, has been certified by the IFC Excellence in Design for Greater Efficiencies (EDGE) green building program. The 100-bed facility will reduce energy use by about 23 percent thanks to energy-saving lighting and […] The post New

The sale of the Personal Protective Equipment (PPE) to fight against the Coronavirus (COVID-19) pandemic has reduced drastically in the Tamale Metropolis of the Northern region with traders worried about the investment injected into the business. A survey conducted by the B&FT within the Tamale Metropolis to ascertain the impact of COVID-19 on the sale of […] The post PPE

This is the ever very attitude that seems to set Apple on the course of ever growing in the technology space and it is due to its ability to cannibalize itself. Apple is said to have increased its market capitalization to 2 trillion dollars and the first to have done so in the USA despite […] The post Apple’s attitude appeared first on The Business

IBM has announced the appointment of Florence Ohene as Country General Manager for IBM Ghana. In this role, she will be responsible for IBM sales, marketing, services and global delivery operations in Ghana. IBM Ghana is part of the North, East and West Africa region of IBM’s Middle East and Africa market. Ms. Ohene brings […] The post IBM appoints Florence Ohene

If players in the aviation, immigration and health sector firm up government’s decision to re-opening of the borders – hopefully by September 1 as the President stated – any person who tests positive on arrival into Ghana and asked to self-quarantine may be required to wear a tracking device. The move is to afford the […] The post Re-opening

First National Bank Ghana has announced the introduction of five new Agency Plus partners in Accra, extending accessibility of its products and services to the growing customer base. The new Agency Plus partners are St. Tito Clothing, Topmed Pharmacy, MegaMax Electronics, Healthaid Pharmacy and Kaby Chemists. These bring the total number of First National Bank’s […] The post First

Baptista is a human resource professional with a broad generalist background. Building a team of efficient & effective workforce is her business. Affecting lives is her calling!  She is an HR Generalist, strategic planner, innovative, professional connector and a motivator. You can reach her via e-mail on [email protected]  You can follow this conversation on Linked-In: […] The post The

Can a ban on ‘smartphone-walking’ work if no penalties are attached? Officials in Japan’s Yamato City are optimistic. When travellers get off the train at Yamato City, a commuter suburb popular with families about 30km from Tokyo, their eyes might be drawn to a few white cloth signs fluttering in the station forecourt. These signs […] The post The Japanese city that

There is every reason why Ghanaians are eagerly awaiting a return to normalcy so that they can engage in fruitful economic activity. Figures published by the Bank of Ghana show a drastic decline in import duty during in the first quarter of the year, as a result of the outbreak of the COVID-19 pandemic. The […] The post Editorial : Pandemic’s

Cabinet has excluded members of the security forces from the unification of pensions regime thus keeping them on their old pension programmes, Mr Kojo Oppong-Nkrumah, the Minister of Information, has said. Cabinet has excluded members of the security forces from the unification of pensions regime thus keeping them on their old pension programmes, Mr Kojo […] The post Cabinet

Business Development Minister, Dr Mohammed Awal, during the launch of Young Women in Entrepreneurship this week also used the occasion to appeal to businesses not to sit aloof without partaking in the free trade which kicks off in January 2021. “Ghana should not be a spectator in AfCFTA. Ghana should prepare its people and take […] The post Editorial : Businesses

The Aviation Minister Joseph Kofi Adda   has assured management and staff of the Ghana Civil Aviation Authority (GCAA) and Ghana Airport Company Limited (GACL) of their safety of work and that government has no intention of selling or privatizing parts of the state owned airports in the country. “The current expansion of the airport project infrastructure […] The post Aviation

The Producer Price Inflation (PPI) rate fell slightly in July to 9.3 percent compared with a revised 9. 5 percent recorded in June. The month-on-month change in producer price index between June 2020 and July 2020 was 1.7 percent. The Ghana Statistical Service explained that the marginal decrease in all Industry Inflation Rate from 9.5 […] The post Producer Price Inflation

The Ghana Oil Company (GOIL) recorded a profit after tax of GH?105.5 million in 2019, a 29 percent rise compared to the previous year, due to strong growth in sales volume of mining, aviation fuels and bunkering. Consequently, the state-owned oil marketing company’s earnings per share moved from GH?0.209 to GH?0.269. Total asset also increased […] The post GOIL

The Ghana National Chamber of Commerce and Industry (GNCCI) has advised businesses to take advantage of Ghana’s hosting of the African Continental Free Trade Area (AfCFTA) secretariat to become competitive. Nana Dr. Appiagyei Dankawoso I, President, GNCCI, said this when he was accompanied by executive members of the Chamber from Accra and Tema on a […] The post Businesses