BUSINESS NEWS

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 …

The Government of Ghana, in collaboration with stakeholders, has announced an upward adjustment in the Producer Price of cocoa for the remaining period of the 2023/24 crop year. The new Producer Price reflects a significant increase of 58.26%, raising it from GH¢20,928 per tonne to GH¢33,120.00 per tonne. This revision …

Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, …

President Nana Addo Dankwa Akufo-Addo has accepted the resignation of Mr. Opoku-Ahweneeh Danquah as Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC). In a letter addressed to the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, the CEO expressed his respect for the office held by …

The findings below are based on GRIDCo’s analysis of Ghana’s power supply situation from March 27 to April 2, 2024 and explains why Ghana has dumsor or load management. GRIDCo has closely monitored Ghana’s power generation crisis since the beginning of March 2024, acknowledging the challenges in meeting the country’s …

Open Institute of Technology (OPIT), an esteemed EU-accredited online institution renowned for its expertise in IT education, proudly announces its plans to increase enrollment from African countries, including Nigeria, Kenya, and Ghana, for the academic year 2024. Since its inception in 2023, OPIT has been dedicated to providing world-class education …

Ghana is set to roll out chip-embedded passports within the next six months, according to Deputy Minister for Foreign Affairs and Regional Integration, Kwaku Ampratwum-Sarpong. In compliance with a directive from the International Civil Aviation Organization (ICAO) in Canada, the new passport system aims to enhance security and align with …