Daily Archives: August 9, 2020

IFS commends government on financial commitments in Covid-19 fight

Accra The Institute of Fiscal Studies (IFS) has commended government on its financial commitments to alleviate the suffering of the vulnerable in the Covid-19 pandemic. The Institute in its assessment of government’s fiscal policy amid the pandemic noted that even though the country’s fiscal position pre-Covid was ‘shaky’, the government was able to introduce financial

Fishing industry at the verge of collapse due to over-exploitation

Accra Professor Wisdom Akpalu, the Dean of School of Research and Graduate Studies, GIMPA, has said the fishing industry is at the verge of collapse due to over exploitation through artisanal fishers and industrial trawlers activities and called for urgent measures salvage it. He said the industry contributed substantially to the Ghanaian economy, which employed

Global Credit Rating upgrades Fidelity Bank’s National Scale Rating

Accra An international rating agency, Global Credit Rating Agency (GCR) has upgraded Fidelity Bank Ghana’s national scale long – term ratings from A- to A and short-term ratings from A2 to A1, with a stable outlook.   In a press release announcing the upgrade of the Bank, the rating agency indicated that Fidelity’s business profile

Agona District workers’ Co-operative Credit Union and two unions to merge

  Swedru The Agona District Workers’ Cooperative Credit Union (ADWCCU) has completed consultations with financial experts to merge with the Church of Christ and Maranatha Credit Unions to help mobilize sufficient savings to avoid insolvency. Mr Wisdom Yaw Badjessah, the Chairman of the Board of Directors of the Credit union, announced this when he addressed

Don’t make all private schools scapegoats – CHOPSS

Accra The Conference of Heads of Private Second-Cycle Schools (CHOPSS) has called on the public not to use the isolated misbehaviour of some candidates at examination centres to make all private schools scapegoats. A statement signed by Mr Napthali Kyei-Baffour, Public Relations Officer and Mr K. Dzamesi, General Secretary of CHOPSS, and copied to the