Accra, Ghana, March 10, 2020//-Ghana’s President, Nana Addo Dankwa Akufo-Addo, today suspended temporarily all foreign travels for all public officials, as part of measures to prevent the outbreak of the Coronavirus (COVID-19) in the country.
Category: Investing
Analyst: Spread of Coronavirus Will Hurt Ghana’s Economy
Accra, Ghana, March 9, 2020//-The spread of coronavirus now known as COVID-19 which is moving quickly from China to 77 more countries will hurt Ghana’s economy.
Short-terms Effects of the Coronavirus Outbreak: What Does the Shipping Data Say?
March 5, 2020//-It is too early to gauge the full economic and trade effects of the Coronavirus outbreak.
IMF Makes Available $50 Billion to Help Fight Coronavirus Outbreak
Washington, USA, March 4, 2020//-The International Monetary Fund (IMF) has made available about $50 billion through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support from deadly coronavirus.
51% of Companies Have No Business Continuity Plan To Combat Coronavirus Outbreak
Johannesburg, South Africa, March 4, 2020-/African Media Agency (AMA) /-More than half of companies (51%) around the world have no plans or protocols in place to combat a global emergency, such as coronavirus (COVID-19), a study by global consultancy firm Mercer has shown.
Coca-Cola Spent $4.24bn on Advertising in 2019, $20bn in the Last 5 Years
March 4, 2020//-Data gathered by Learnbonds.com indicates that Coca-Cola spent a staggering $4.24 billion in 2019 for advertising and marketing.
UNCTAD Publishes Technical Note on Effects of COVID-19 on Global Production
Geneva, Switzerland, March 5, 2020// – United Nations Conference on Trade and Development (UNCTAD) today published a technical note entitled Global trade impact of the Coronavirus (COVID-19) Epidemic to evaluate the economic impacts.
World Bank Announces $12 Billion Immediate Support for COVID-19 Country Response
Washington, USA, March 4, 2020//-As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak.
African Legal Support Facility Launches New Handbook on Sovereign Debt
Abidjan, Ivory Coast, March 3, 2020/ — The African Legal Support Facility (ALSF) has launched a handbook on sovereign debt aimed at improving users’ understanding of the subject and offering development and implementation strategies and tips to avoid over-indebtedness.
Importers Unhappy Over Gov’t’s Untested UNIPASS Directive
March 2, 2020//-Ghanaian importers and clearing agents have expressed displeasure at government’s decision to hand over single window port operations to Ghana Link and its overseas partner, CUPIA Korea.