Towards a new paradigm in the COVID-19 era

“The central bank in each respective country must start to facilitate this process of metamorphosis, which is required now, more than ever before—again because of the devastating short- and medium-term impact of COVID-19, which is still ongoing.”

via BFT Online

Zipline begins world’s first ever drone delivery of covid-19 vaccines in Ghana

“Nearly half of Ghana’s population lives outside of cities, and those 12 million people are difficult to reach with time-limited, cold chain-dependent vaccines. Zipline’s network provides Ghana with a resilient, efficient and equitable distribution strategy.”

via BFT Online

‘COVID-19 has taught us to prioritise local production’ (Ghana)

“While the COVID-19 pandemic has brought devastating impacts on the economy and the health infrastructure, a key lesson the disease has taught is the need to prioritise local production and consumption, the Ashanti Region Minister, Simon Osei Mensah, has said.”

via BFT Online

Local pharma makers pursue COVID-19 vaccine deals

“The Pharmaceutical Manufacturers Association of Ghana has begun moves to pursue the acquisition of COVID-19 vaccines for onward distribution across the country. PMAG will be petitioning government for support to achieve this aim for economic transformation and to boost the sector’s fortunes.”

via BFT Online

Ghana: Banks’ COVID-19 moratorium for businesses should be extended – Fidelity Bank MD

“Managing Director of Fidelity Bank Mr. Opuni says that even though the economy seems to be picking up the pieces together, it has still not resulted in a complete recovery for businesses, hence, banks should consider extending the six-month moratorium they extended to these enterprises.”

via BFT Online

The value of partnerships in Africa post COVID-19

“Authentic, broad-based economic recovery relies on a thread of partnership through all business and banking engagements on the continent, pulling together financial institutions, corporations, governments and communities to co-create a sustainable future.”

via BFT Online

Retail in COVID-19 times: innovation, e-commerce, and scaling successfully

“Indeed, it seems quite evident that companies that invest courageously and timely in pivoting their businesses toward the behavioural changes can capture market shares and emerge as market leaders post-pandemic.”

via BFT Online

Ghana: Public debt likely to hit 80% of GDP

“Former Finance Minister Seth Terkper has said tough times await the economy, given the recent budget that was presented in Parliament, which he says shows government plans to borrow more than indicated – adding that public debt is likely to hit 80 percent of GDP.”

via BFT Online

Ghana: Port activities see further decline as int’l trade suffers

“Activities at the country’s two major harbours, Tema and Takoradi, continue to experience a decline as trade between Ghana and other countries remain negatively affected by the coronavirus pandemic.”

via BFT Online

Ghana: Bourse sees upturn in September as bond market rebounds

“The Ghana Stock Exchange has witnessed a recovery in September, driven primarily by activities in the bond market and Ghana Fixed Income Market after a topsy-turvy performance in August.”

via BFT Online