Ghana News, Events, Entertainment and Trends
The Institute for Energy Security (IES) has projected that the price of gasoil (diesel) on the domestic market at the pumps will fall in the second half of April 2021. Meanwhile, petrol prices are, however, expected to remain the same, the instituted predicts. This was contained in its forecast for the second half of the month. Reviewing the pricing window […]
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“As most of you know, Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa, where legitimate investments are protected. We have witnessed, through the ballot box, three (3) peaceful transfers of power from one political party to another in the twenty-eight (28) year period of the 4th Republic.” These were the words of the President of the […]
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Ghana lost GHS13.6 billion in revenues as a result of the COVID-19 pandemic, Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu has said. Presenting the 2021 budget statement and economic policy on the floor of Parliament on Friday, March 12, 2021, the Minister said the pandemic resulted in economic challenges such as an overall budget deficit which consequently led to shortfalls in […]
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Economist with DataBank, Courage Martey says the President’s announcement of GDP growth rebounding to nearly 5 percent in 2021 is not far-fetched. President Nana Akufo – Addo in his first State of the Nations Address for his second term in office, expressed confidence in the ability of government’s One Hundred Billion Cedi Ghana CARES Obantampa Program to spur the Ghanaian […]
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As businesses are jostling to take advantage of the Africa Continental Free Trade Area (AfCFTA), Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Yofi Grant says the commencement of operations of the agreement, gives Ghanaian manufacturing companies the opportunity to upgrade the production of their goods and services. According to him, this is essential as it will […]
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Government has called on the business community in Ghana and Rwanda to take advantage of their vast economic potentials to explore business opportunities in all sectors of the economy. The government also encouraged the Rwandan government and businesses to invest in Ghana for mutual benefits. Mrs Shirley Ayorkor Botchwey, the Minister of Foreign Affairs and Regional Integration said this on […]
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Mr John Dramani Mahama, the presidential candidate of the National Democratic Congress (NDC), says promoting agri-business will be a top priority of his next government. A statement issued by Mr James Agyenim-Boateng, the spokesman of the NDC campaign team, said Mr Mahama unveiled his blueprint for the agriculture sector at Kintampo as part of his three-day tour of the Bono East Region. Mr […]
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Government has increased the farm gate prices of cocoa by 21%. According to a report by Bloomberg, after the implementation of the $400 per metric ton premium on future prices for the 2020-21 harvest, cocoa farmers in Ghana will earn more for a bag of beans. Growers of cocoa beans in the world’s second-largest producer of the crop will receive […]
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Commercial vehicle drivers in the country are demanding a 50 percent transport fare increment. Effective Saturday, July 11, 2020, transport fares will be increased by 15 percent but the commercial drivers said the 15% increment in transport fare is inadequate. Some members of the Sofoline Drivers’ Union in Kumasi in the Ashanti region have rejected 15% and demanded a 30 to […]
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Energy think tank, the Institute of Energy Security, IES has disclosed that consumers are likely to pay more for fuel for the first window in June. According to the IES, prices will shoot up slightly from what consumers enjoyed at the pump in April and May. Speaking on Citi FM in Accra, the IES said this increase will be due to […]
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