General

COVID-19: ADUG urges Ghanaians to respect Government Directives amidst lockdown

Source: Africa News Network/Ebenezer Kofi Amponsah The Automobile Dealers Union of Ghana (ADUG), has urged Ghanaians to stringently adhere to all Directives on lockdown by the Government in an efforts to contain the deadly disease(coronavirus), in Ghana. This was contained in a solidarity message signed by Mr. Eric Kwaku Boateng, the President of the Union. Read Full Story

Business

Instead of Laying Off 20 Percent of His Company, This CEO Made an Unusual Decision. It’s a Lesson in Emotional Intelligence

Gravity CEO Dan Price was facing a crushing decision–cut 20 percent of his people or go bankrupt. Then, he had a brilliant idea: Ask employees for help. Covid-19 is ravaging the global economy and presenting employers with unprecedented challenges. For Gravity chief executive Dan Price, that challenge was crushing: The company’s revenue had essentially been Read Full Story

Business

GUTA wants BoG to force FIs to waive loan repayments for six months

The Ghana Union Traders Association (GUTA) wants the Bank of Ghana to compel all financial institutions to waive loan repayments for businesses as directed by the government. The Finance Minister announced in Parliament on Monday, March 30, 2020, some fiscal measures to mitigate the impact of the coronavirus pandemic. They include granting a six-month moratorium Read Full Story