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Business

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Stakeholders in the cocoa business have agreed in principle that they will not buy a tonne of cocoa from Ghana and Cote D’Ivoire below $2,600. Briefing the media at a press conference since on Wednesday, the Chief Executive Officer of COCOBOD, .Mr. Joseph Boahen Aidoo, said the stakeholders, comprising traders, processors and manufacturers also agreed …

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Unannounced inspections carried out by the Ghana Standards Authority (GSA) have discovered that 10 fuel stations have been under delivering the right quantities of fuel to customers. The inspections of fuel pumps were done at randomly selected fuel stations in the Greater Accra, Central and Eastern Regions. The stations which were found to be under-delivering …

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The Vice President of the Republic, Dr Mahamudu Bawumia, has underscored the Ghana Government’s commitment to improving the living standards of cocoa farmers by ensuring they receive greater benefits for their toil. Speaking at the first ever Stakeholder Engagement on Farmer Income in Accra on Tuesday 11th June, 2019, Vice President urged stakeholders in the …

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Ghana and Cote d’Ivoire have suspended the sale of cocoa beans to the open market under the 2020/2021-crop season until further notice. The suspension was announced in Accra Tuesday by the two countries to about 300 stakeholders in the cocoa value chain, comprising traders, processors and chocolate manufacturers, reports Graphic Online’s Maxwell Adombilla Akalaare. It …

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The Minority in Parliament has hinted of summoning the Finance Minister Ken Ofori-Atta before the house top answer questions over Ghana’s rising debt. According to them, claims by Information Minister, Kojo Oppong Nkrumah that government is managing the economy well is untrue. Addressing the press on Tuesday Minority’s spokesperson on Finance Ato Forson said the …

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Ghana has overtaken South Africa as the leading producer of gold in Africa. According to a report by Bloomberg, the success chalked by Ghana is because of friendlier policies, lower-cost mines and new development projects. The report indicated that South Africa’s dwindling gold production is due to high costs, regular strikes and geological challenges of tapping …

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A former deputy governor of the Bank of Ghana (BoG), Dr. Johnson Asiamah has taken a swipe at Gabby Otchere Darko over the latter’s recent post blaming the previous National Democratic Congress (NDC) of collapsing the banking sector.   The former governor in a write up said described the NPP’s leading member as an ‘’ignorant’’ …

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A senior member of the ruling New Patriotic Party (NPP), Gabby Asare Otchere-Darko has slammed the opposition National Democratic Congress (NDC) for ‘’messing up’’ the banking sector before leaving office. In a post he posted on his Facebook page in reaction to a concern raised by a friend of his and the possibility of the …

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The Receiver appointed by the Bank of Ghana for the insolvent and dormant microfinance companies, Mr. Eric Nana Nipah, will today [Friday] start paying depositors of the 347 insolvent microfinance companies. The payment will capture those whose claims have been validated and agreed. This follows the release of funds by Government of Ghana (GoG) to …

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The Member of Parliament for Bantama and government’s spokesperson on finance, Daniel Okyem Aboagye has taken a swipe at the Minority over their claims that government has increased Ghana’s debt burden and using the money on consumption instead of capital expenditure or infrastructure development. Speaking at a press conference in Accra Thursday, the Minority Spokesperson …

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