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

Building back better on food and agriculture

“In 2019 close to 690 million – or nearly one in ten people in the world – were hungry. The COVID-19 pandemic could push an additional 130 million people worldwide into chronic hunger by the end of 2020.”

via BFT Online

Mandatory face mask wearing extended as active cases drop (Ghana)

“To contain the spread and keep the fight against the ongoing deadly coronavirus pandemic, President Nana Akufo-Addo has, with Executive Instrument, extended the mandatory wearing of face masks by all persons to December as the number of active cases has dropped by more than 72 percent in three weeks.”

via BFT Online

Supporting small businesses to access finance for COVID-19 resilience

“The COVID-19 pandemic has affected many businesses, including small and medium enterprises in the cocoa sector that provide critical services to smallholder farmers in Ghana. Access to timely and affordable finance is essential to fueling the growth of these enterprises during this pandemic.”

via BFT Online

COVID-19: Airport reopens, other borders remain closed (Ghana)

“President Akuffo-Addo has announced that the Kotoka International Airport will reopen and resume operations from Tuesday, 1st September 2020. This decision, according to the President, has been communicated to international airlines.”

via BFT Online

COVID-19: Tourism revival requires stern enforcement of safety protocols (Ghana)

“The situation at some hospitality facilities in the Bono Region epitomizes the devastating impact of COVID-19 in the country. Eusbett Hotel, a 3-Star facility in Sunyani with 150 rooms and ten (10) conference centres has had its occupancy reduced from 88 percent to two percent. Management of the Hotel responded to the situation by cutting down staff strength from 150 to 60.”

via BFT Online

COVID-19: Final year students return to schools amidst tight restrictions (Ghana)

“The President, Nana Addo Dankwa Akufo-Addo, has confirmed the reopening of schools for final year students of public universities and senior high schools while preparations continue for the return of final junior high school students to complete preparations for their exams.”

via BFT Online

COVID-19 speeds up introduction of cybersecurity regulations

“COVID-19 is not only fast-tracking electronic transactions but also cybersecurity regulations to ensure that as more businesses serve their clients digitally, the cyberspace is kept secure and safe from any breach, Dr. Albert Antwi-Boasiako, National Cybersecurity Advisor, has noted.”

via BFT Online

Bank of Ghana bails out government

“As part of measures to close the yawning budget deficit gap created by impacts of the coronavirus pandemic, the central bank has triggered its emergency financing provision that will allow it to support government to the tune of 10 billion cedi this year.”

via BFT Online

COVID-19 is speeding up the digital economy in Africa

“The need to go online was helped by the rapid adoption of smart phones in Africa as a result of the reduction in price and supply of handsets some of which are being locally assembled and manufactured.”

via BFT Online