Business

President Nana Addo Dankwa Akufo-Addo has announced the increment of the producer price of cocoa from GH₵48,000 to GH₵49,600 per tonne, raising from GH₵3,000 to GH₵3,100 per bag. This, according to the president, is to motivate cocoa farmers and restore their income and compete with others. Announcing the new increment, …

Vice President Dr. Mahamudu Bawumia has promised to construct modern markets in every district in Ghana if he wins the 2024 general elections. He said this will help boost traders in every district and Ghana at large. Speaking at Hohoe in the Volta Region as part of his tour in …

Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has outlined measures that his next government will implement to reduce the price of food and other essential commodities if elected as the president of Ghana again in the December 7 polls. According to the former president, the daily increase …

The Chief Executive Officer (CEO) of KasaTalk Study Abroad, B. Akwetey Amaah has reacted to the news regarding the arrest of four Ghanaian students in the United States for allegedly using forged documents to gain university admission. The four students Otis Opoku, Evans Oppong, Cyrilstan Nomobon Sowah-Nai, and Henry Dabuo, have …

The proposed draft bill for merger of VRA with Bui Power Authority, the Electricity Company of Ghana (ECG) with the Northern Electricity Distribution Company (NEDCo), as well as the establishment of an independent Thermal Power Authority from VRA’s thermal plants have been rejected by the Staff Groups of the Volta …

The Chief Executive Officer of Engineers & Planners Limited, Mr Ibrahim Mahama has denied that he was a debtor of Merchant Bank. This comes after Investigative journalist Manasseh Azure Awuni’s latest book, “The President Ghana Never Got,” said. ““The Universal Merchant Bank (UMB), formerly stated owned Merchant Bank, generated uproar …

Following a report that some Oil Marketing Companies (OMCs) have failed to remit their money to the National Petroleum Authority (NPA) after petroleum products were bought, Myjoyonline.com has released the list of OMCs that owe GH₵59 million in levies to BOST. According to the Chief Executive Officer (CEO) of Bulk …

The Chief Executive Officer (CEO) of Bulk Energy Storage and Transportation Limited (BEST) formerly, Bulk Oil Storage and Transportation (BOST), Dr Edwin Provencal has revealed that 44 oil marketing companies have been closed down with GH₵59 million levies owed to BOST. According to him, the Oil Marketing Companies (OMCs) collected …

President Nana Addo Dankwa Akufo-Addo has slammed the Social Security and National Insurance Trust (SSNIT) decision to offload some of their hotels to Minister for Agriculture, Bryan Acheampong’s Rock City Hotels. According to the president, the controversy that was recently generated by SSNIT’s efforts to offload non-performing assets in its …

The World Bank has commended the government of Ghana for their efforts towards economic recovery. According to World Bank Country Director, Robert Taliercio O’Brien, Ghana has managed to reduce inflation and expenditure last year which resulted in a 7.9 percentage point decrease in spending. Speaking in an interview on Joy …