BUSINESS NEWS

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 …

The governor of the Bank of Ghana (BoG), Dr Ernest Addison, has addressed the controversy surrounding his remarks referring to some minority MPs as hooligans during the #OccupyBoG protest in October last year. Dr Addison clarified that the reported description did not originate from him but from the foreign Media …

The Concerned Drivers Association of Ghana and the Transport Operators of Ghana have jointly announced an increase in transport fares, effective Saturday, April 13, 2024, in response to the recent surge in petroleum prices. In a statement issued on Monday, April 8, 2024, they outlined the following adjustments: a 15% …

Some cocoa farmers in Ghana have expressed disappointment in the government over the recent cocoa farmgate or producer price increment for the prevailing 2023/24 season. This follows the announcement of a 58.26% increase from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season. This …

Immigration officers stationed at Kotoka International Airport have received a strong warning from Interior Minister Henry Quartey, saying that staff members who are discovered to be aiding visitors would be promptly suspended from duty. Quartey made the declaration when he visited the Ghana Immigration Service (GIS) headquarters in Accra. In …