BUSINESS NEWS

The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding …

The re-construction of the Akyem Oda Central Market in the Birim Central Municipal Assembly of the Eastern Region has brought huge excitement among the people of the municipality and beyond. Following a devastating fire three years prior, the market has evolved. Following the fire outbreak in September 2021, traders at …

The former Chairman of the National Development Planning Commission (NDPC), Prof Stephen Adei, has urged the Nana Addo Dankwa Akufo-Addo government to be transparent on the intermittent power supply (dumsor) the country has been facing recently. According to him, it is important that the government tells the people of Ghana …

The Ministry of Food and Agriculture (MoFA) has clarified that it has not given the green light to commercialise certain maize and soya bean products. This clarification comes in the wake of concerns expressed by various commercial and small-scale farmers and aggregators regarding the registration and approval of 14 maize …

Over 400 acres of cocoa farms are being threatened in the Atwima Nwabiagya South Municipality in the Ashanti Region as a foreign-owned gold mining firm is carrying out exploration in the area. Five cocoa-growing communities will be affected when the firm, MIGOP Mining Limited begins full operations after carrying out …

The Ghana Revenue Authority is now led by Ms. Julie Essiam as Commissioner-General, according to a statement from the Finance Ministry. She becomes the first woman to serve in that role and replaces Rev. Dr. Ammishaddai Owusu-Amoah who was relieved from his duties on March 27. President Akufo-Addo at the …

President Akufo-Addo has relieved Dr. John Ofori Tenkorang of his duties as the Director-General of the Social Security and National Insurance Trust (SSNIT). Dr. Tenkorang has been instructed to hand over his duties to Kofi Bosompem Osafo-Maafo, the Deputy Director-General for Investments, by Monday, April 15. Consequently, Mr. Osafo-Maafo has …

The Peasant Farmers Association of Ghana has condemned the Government of Ghana’s interest in approving the commercialization of 14 novel Genetically Modified (GM) products, comprising eight (8) maize and six (6) soya bean products. This follows the release of the GM cowpea in 2022, which was also done on the …

The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has dismissed the existence of a group purportedly led by Stephenson Anane Boateng. This response follows Mr Anane Boateng’s rejection of COCOBOD’s announcement of a 58.26 percent increase in cocoa prices, which has been set at GH¢33,120 cedis …

A group of unemployed graduate nurses and midwives from the Ashanti Regional capital, Kumasi, took to the streets on Monday to demand postings and protest against the government’s delay in granting financial clearance for their permanent job placements. The protesters, comprising graduates from the 2020, 2021, and 2022 batches, hail …