BUSINESS NEWS

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 …

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 …