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Sunday, July 5, 2020

Producer price of cocoa up by 8.42%

The Minister of State for Agriculture at the Presidency, Dr. Nurah Gyeile has announced an 8.42% increment in the Producer Price of Cocoa. According to him this means a bag...

Gov’t announces stimulus package of $600,000,000 for Cocoa sector

The Cocoa Sector is to receive a major boost in production with the injection of six hundred million dollars. The stimulus package, which is through a 'Cocoa Productivity Enhancement programme'...

Ghana’s Inflation rate inches up to 6.7% in March

The Producer Price Inflation rises to 6.7 percent in March from 5.4 percent recorded in February 2019. The month-on-month change in producer price index between February 2019 and March 2019...

World Bank to sponsor IFEJ-Flamingo ultimate winner to spring meeting

The World Bank Office in Ghana is to sponsor the ultimate winner of this year’s IFEJ Flamingo Awards for Business and Financial Journalists to participate in the Spring Meeting...
 Smock weavers in Bolgatanga is pleading to the government to come in for support

Smock weavers in Bolgatanga want access to interest-free loans

Smock weavers in Bolgatanga have appealed to government to promote and project the local smock industry to attract global market. The weavers said smock weaving, apart from being a trade...

China to cancel interest-free loans to African nations

China will cancel interest-free loans to African countries that are due to mature by the end of 2020, President Xi Jinping has announced. He told a China-Africa summit on Covid-19...

Subsidiary of Groupe Ndoum sues finance minister, 3 others over debts owed it

The Ghana Growth Fund, a subsidiary of Groupe Ndoum, has sued the Finance Minister over debts that have left it unable to pay investors’ funds. In a writ of summons,...

GSE to demutualize exchange in first quarter of 2020

The Ghana Stock Exchange (GSE) says talks are far advanced with stakeholders to follow international best practice to demutualize Exchange in the first quarter of next year. Demutualization is the...

Banks’ digital cash services lack publicity – BoG

The financial services sector is awash with digital cash services and products, yet little is done by the innovators to help create public awareness and usage of same, the...

Cabinet approves downstream petroleum policy; more jobs and revenues to follow

The Minister of Information, Kojo Oppong Nkrumah has disclosed that, Cabinet has approved a policy on Ghanaian content and participation in the country's downstream petroleum industry. The policy which was...

Featured

Africa

COVID-19: 40 South Africa soldiers test positive

The South Africa Defence Force (SANDF) has confirmed that at least 40 of its officers have tested positive for coronavirus. "Like all other front-line workers,...

Sierra Leone doctors’ strike leaves COVID-19 patients without care

A doctors' strike in Sierra Leone has left Covid-19 patients in some of the main treatment centres without care. The doctors say they were promised...

World

Japan flooding: Many feared dead in flooded care home

Fifteen people are believed dead and nine are missing on Japan's southern island of Kyushu as devastating rains cause flooding and landslides. Fourteen victims were...

Khashoggi murder: Turkish absentia trial of 20 Saudis opens

Twenty Saudi nationals have gone on trial in absentia in Turkey over the murder of Saudi journalist Jamal Khashoggi. He was killed inside the Saudi...