The Coalition for Cocoa Sector Reforms (CCSR) GH has called on the government to impress upon the Ghana Cocoa Board (COCOBOD) to reconsider the 2022/23 producer price announced else, the impact of the ¢800 per bag of cocoa beans recently announced will be very damaging to the industry. The …
Read More »France, U.K And Germany Pledge To Support Ghana To Overcome Present Economic Challenges
The prospect of an expedited programme from the International Monetary Fund was given another boost this week as the United Kingdom, Germany and France pledged to support the Ghanaian economy to overcome the current crisis. These financing commitments, came on the back of closed-door bilateral meetings hosted by the …
Read More »IES Security Warns Of Fuel Shortage
The Institute for Energy Security (IES) is warning of a shortage of petroleum products across the country. According to the energy think tank, the free fall of the cedi, which is causing a scarcity of dollars and the erosion of some working capital of the Bulk Oil Distribution Companies is …
Read More »Ghanaian Producers Fail To Register Products To Maximise Export Potentials – GEPA
Many Ghanaian producers are failing to register their products to access international marketing potentials. According to the Ghana Export Promotion Authority (GEPA), exporters can only ship across borders when their products are certified by regulatory institutions. The Authority observed that exporters are challenged in selling overseas when they overlook the …
Read More »Ghana Cedi Hits ¢12.10 To A Dollar
The Ghana cedi has breached the ¢12 mark within just a week, selling at ¢12.10 at most forex bureaus or the retail market. A visit by Joy Business to some forex bureaus indicates that most of the operators are selling the dollar for more than ¢12. They claim supply of …
Read More »G7 Asks World Bank To Support Ghana, Other African Countries
The Group of Seven (G7) has asked the World Bank to provide financial support to Ghana and other African countries to enable them deal with the impact of the economic crisis caused by force majeures. The decision was taken during a meeting with African Finance Minsters with the G7 as …
Read More »Local Contractors To Gov’t: The Situation Is Becoming Very Bad; Pay Us Our Money Else ……[Audio]
The Ghana Chamber of Construction Industry has threatened to take legal action against government, for failing to pay over 10 billion cedis accrued debt it owes contractors. The contractors lament that for over four years now, government has stalled in paying contractors for work done. A situation they say is …
Read More »SHE POWER Summit Reveals How Women Can Be Empowered
The much Anticipated SHE POWER Summit was held at Knustford University on 7th August,2022. The summit held to give women more insight on their living through empowerment, was organized by SMIVIC Communication limited to motivate and empower women to promote National development. Due to the company’s exposure to the plight …
Read More »GRA Shuts Down Four Branches Of Palace Mall In Accra
Officials of the Ghana Revenue Authority (GRA) have shut down four branches of the Palace Mall. The closure occurred on Tuesday, October 11, 2022. The affected branches are; Labone, Spintex, Atomic roundabout and Weija. They were closed for non-compliance with the Authority’s E-VAT Invoicing system. According to …
Read More »Akufo-Addo Appoints Patrick Nyarko As Deputy CEO Of PHDC
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has appointed Patrick Nyarko as the deputy chief executive officer in charge of finance and administration for the Petroleum Hub Development Corporation (PHDC), in line with Section 16(1) of the legislation that established the PHDC, Act 1053. According to the letter …
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