BUSINESS

As fears of a global recession and shortage of food and other essential goods grow, the Ghana Maritime Authority says there is no noticeable reduction in cargo vessel traffic to the country yet. The Deputy Director, Ship Inspections & Marine Security at GMA, Captain Emmanuel Ankamah, said this when the …

 Lost of oil revenue as the global crude oil prices continue to tumble.  As a net importer of basic food and services from China, shortages are likely to hit the country harder, ie. Food availability and food security.  Sharp decline in remittances as countries especially the US …

The International Monetary Fund (IMF) has approved the disbursement of US$1 billion to Ghana to be drawn under the Rapid Credit Facility (RCF). The money is to help Ghana address the “fiscal and balance of payments needs” and also help the country to improve confidence in its economy especially in …

Italy is making plans to conduct coronavirus tests on footballers. The tests which may include Juventus talisman, Cristiano Ronaldo, are likely to be conducted in May 2020 before the restart of football activities. The Italian Football Federation made this known. President of the Italian Football Federation, Gabriele Gravina, in an interview …

Whiles we focus almost all our attention on the provision of PPEs which at the moment are the very important commodity needed for the fight against Covid-19 in Ghana. It has become imperative for us not to lose sight on the impending economic implications arising from the pandemic especially on …

When South Africa shut down its mining industry to contain the coronavirus, more than 450,000 workers were sent home in 24 hours. Getting them back will take much longer for the nation’s gold and platinum miners. Ramping up production at the world’s deepest mines could take three to four weeks …

As part of measures to stimulate the minds of young people and to optimize responsible use of time during the stay-at-home efforts of government to fight the spread of COVID-19, the Ghana Library Authority, has launched the “National Short Story Writing Challenge” to curate more short stories by young people …

The regulator for Ghana’s cocoa industry, COCOBOD says it does not foresee a drop in the producer price of beans for cocoa farmers in the wake of the novel Coronavirus pandemic. Meanwhile, for 2019, COCOBOD increased the producer price of the beans from GH¢7,640 to GH¢8,240 per tonne. But the …

Former goalkeeper Bonetti passed away aged 78 following a battle with illness He played 729 matches for Chelsea in two spells during the 1960s and 1970s Bonetti helped the club win the FA Cup, League Cup and Cup Winners’ Cup He won seven caps for England and was back-up during …

Manchester United’s Paul Pogba says he is “more hungry” to succeed after missing most of the season with injury. The France international, 27, has not played since 26 December, having suffered a further setback following an early-season foot problem. Pogba told the United Podcast he has been “frustrated for a …