Consolidated Bank Ghana (CBG), has provided food items to over a thousand people in different communities affected by the partial lockdown. The gesture was in fulfilment of the Bank’s pledge to support the fight against the spread of the coronavirus in Ghana. The food items which included bags of rice, boxes of tin tomatoes, cookingContinue reading “CBG donates food items to over 2,000 people as part of its ¢1m commitment to fight Covid-19”
Category Archives: Economy
CMB market shut down indefinitely after traders failed to adhere to social distancing
The Korle-Klottey Municipal Assembly has closed down the CMB Market indefinitely, as part of efforts to curtail the rapid spread of the new coronavirus in the country. According to a release signed by the Municipal Chief Executive, Samuel Nii Adjei Tawiah, traders of the market have flaunted the precautionary measures on numerous occasions hence, theContinue reading “CMB market shut down indefinitely after traders failed to adhere to social distancing”
IMF approves $1bn for Ghana to deal with coronavirus economic impact
The Executive Board of the International Monetary Fund (IMF) on Monday approved the disbursement of $1 billion to be drawn under the Rapid Credit Facility (RCF).https://nkaros.data.blog The disbursement will help address the urgent fiscal and balance of payments needs that Ghana is facing, improve confidence, and catalyse support from other development partners. “The Covid-19 pandemicContinue reading “IMF approves $1bn for Ghana to deal with coronavirus economic impact”
Coronavirus: West hills Mall sees 70% drop in income
Center Manager for the West Hills Mall in Accra, Jacob Quarmson says business and income generation have dropped by 70 per cent since the lockdown began.https://nkaros.data.blog In an interview with JoyNews’ Piesie Nana Yaw Safo, the Manager compared previous Easter Mondays to that of this year and indicated that, there has been a ginormous differenceContinue reading “Coronavirus: West hills Mall sees 70% drop in income”
Chamber of Mines donates GH¢11.5m to support fight against
The Ghana Chamber of Mines has made a donation of GH¢11.5 million (the equivalent of $2 million) to the Ministry of Health and allied institutions as part of the mining industry’s voluntary contribution to the fight against the coronavirus pandemic.https://nkaros.data.blog The Chamber, led by its President, Eric Asubonteng, made the donation at a brief ceremonyContinue reading “Chamber of Mines donates GH¢11.5m to support fight against”
Kalmoni Group donates new Peugeot 4×4 pickup to help Covid-19 fight
The Kalmoni Group has donated a brand-new Peugeot 4×4 Pickup, valued at GHS150,000 from Silver Star Auto Limited, exclusive distributors of Peugeot and Citroën vehicles in Ghana, to the National Covid-19 Trust Fund.click on the link.https://nkaros.data.blog The Fund was set up by President Nana Akufo-Addo to pool resources towards anti-coronavirus efforts in Ghana.https://nkaros.data.blog The donationContinue reading “Kalmoni Group donates new Peugeot 4×4 pickup to help Covid-19 fight”
Covid-19 is wake up call to industrialise Ghana’s economy
Principal of Jackson College of Education has said the country must learn a great lesson from the devastating impact that the Covid-19 is having on world economies.click here for more details.https://nkaros.data.blog Theodosia Jackson said Ghana must take advantage and build a robust economy that hinges on industrialisation. She said the pandemic has brought to fore,Continue reading “Covid-19 is wake up call to industrialise Ghana’s economy”
Economy | NationalKempinski denies suggestions it is laying off 85% of workers
Kempinski Hotel Gold Coast City has denied suggestions it is laying off 85% of its workers as a result of poor business due to the coronavirus. Finance Minister, Ken Ofori Atta told Parliament late Friday: “for a hotel like Kempinski which has about 400 workers, they are letting 340 go home. They are closing aboutContinue reading “Economy | NationalKempinski denies suggestions it is laying off 85% of workers”
AviationAfrican airlines lose $4.4b in revenue following the spread of coronavirus
Multiple flights have been canceled or temporarily suspended across Africa as airlines struggle to cope with falling demand following the spread of coronavirus.WHO African Region@WHOAFRO COVID19 #Africa update: 6,075 cases on the Africa continent, with 214 deaths and 478 recoveries reported. @WHO Africa Region updates: Rwanda Air, and Air Mauritius are among airlines that haveContinue reading “AviationAfrican airlines lose $4.4b in revenue following the spread of coronavirus”
Health workers won’t pay taxes on their emoluments for 3 months – Akufo-Addo
Government has decided that all health workers will not pay taxes on their emoluments for the next three months, President Akufo-Addo has announced.https://nkaros.data.blog Addressing the nation on the progress that has been made in the fight against the coronavirus pandemic Sunday, President Akufo-Addo said, “all health workers will not pay taxes on their emoluments forContinue reading “Health workers won’t pay taxes on their emoluments for 3 months – Akufo-Addo”
Nkaros updates Ghana 