Business
World Bank predicts significant drop in global food prices in 2025
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […]
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Business
Stanbic holds talks with Chinese ambassador over enhanced Ghana – China Trade Ties
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […]
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Headlines
Digitalisation crucial to continuing advancement of justice system – Veep
The Vice President, Dr. Mahamudu Bawumia, has underscored the indispensability of digitalisation in the advancement of Ghana’s justice system. Dr. Bawumia spoke at the launch of ‘LEADing Justice’, which stands for the Chief Justice’s vision framework, presented by Her Ladyship Justice Margaret Torkonoo in Accra. He mentioned that digitalisation, which is a crucial component of […]
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Featured
COCOBOD has incurred losses since Akufo-Addo assumed office – Eric Opoku
The Member of Parliament for Asunafo South, Eric Opoku, has asserted that the Ghana Cocoa Board (COCOBOD) has incurred losses since President Akufo-Addo assumed office. He attributed these losses to the poor performance of the Akufo-Addo-Bawumia government, which has been in power since 2017. During an interview with Bernard Avle on the Point of View […]
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Featured
Suspension of Price Stabilization and Recovery Levy shocking – GPRTU
The Ghana Private Road Transport Union (GPRTU) has expressed dismay over the sudden reversal of the Price Stabilization and Recovery Levy on petroleum products by the National Petroleum Authority (NPA). The National Petroleum Authority (NPA) on April 4, 2024, instructed all Oil Marketing Companies and related stakeholders to impose a levy of 16 pesewas per […]
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News
Gov’t increases cocoa price to GHC2,070 per bag
Government in consultation with stakeholders in the cocoa sector, has reviewed the producer price for cocoa upwards, as a bag of the cash crop is pegged at GHC2,070, effective today, Monday, April 5. This means that the new price will be in force for the rest of the 2023–2024 cocoa season. The Ghana Cocoa Board […]
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General News
Pressure Mounts Over ‘Dead’ Chinese Illegal Miners
The Chinese and Ghanaian miners Tongues are wagging in the country as to whether the four Chinese nationals who were arrested by staff of the Forestry Commission on December
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International
Nigerian court sentences a Chinese man to death for killing his girlfriend
A Nigerian court on Tuesday sentenced a Chinese national to death after finding him guilty of killing his girlfriend, a government official told The Associated Press, vowing to recommend execution if he unsuccessfully appeals the ruling. Frank Geng-Quangrong was convicted by a local court in northern Nigeria’s economic hub of Kano state, Kano Justice Commissioner […]
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General
Valley View University donates 100 bags of cement to Gbewaa Palace
As part of contributions to the reconstruction of the Gbewaa Palace in Yendi in the Dagbon kingdom, Valley View University has donated a hundred bags of cement to the Gbewaa Palace. The Vice Chancellor of the University, Professor Williams Koomson said the gesture is part of its community service and also an appreciation for the […]
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Features
New productive forces determine resilience in Chinese economy
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […]
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Business
NPA suspends sale of Sentuo Oil Refinery fuel over quality concerns
The National Petroleum Authority (NPA) has suspended the sale of fuel supplied by the Chinese-owned Sentuo Oil Refinery due to alleged substandard quality. This decision follows calls from the Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) for the Authority to halt the operations of the Oil Refinery due to alleged […]
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Featured
Chinese prisoner did not escape during treatment at Korle Bu – Management
Management of the Korle Bu Teaching Hospital (KBTH) has vehemently debunked claims that a Chinese prisoner escaped during treatment at the hospital. The Chinese national, who was serving a one-year sentence at Nsawam Prison for theft and other serious offenses had escaped. The incident occurred after the individual allegedly feigned illness and was subsequently transferred […]
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Featured
UniMAC appoints Prof. Eric Opoku Mensah as new Acting Vice-Chancellor
The University of Media, Arts and Communication (UniMAC), has announced the appointment of Prof. Eric Opoku Mensah, as the Acting Vice-Chancellor. His appointment is effective February 8, 2024. Prof. Eric Opoku Mensah takes over from the outgoing Vice-Chancellor Prof. Kwamena Kwansah-Aidoo, whose retirement is due. UniMAC in a statement dated February 15, 2024, highlighted the […]
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Nigeria
More hardship for Nigerians as prices of rice, beans, garri, others spike by 50%
Prices of staple foods in Nigeria increased to at least 40 percent in the last two months, a market survey by DAILY POST reports. DAILY POST gathered that as of Monday, 11 February 2024, the prices of Rice, beans, garri, groundnut oil, tomatoes, and bread witnessed an astronomical increase of over 40 percent from December […]
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Featured
Chinese serving jail term for stealing escapes from Nsawam Prison
A Chinese national, who was serving a one-year sentence at Nsawam Prison for theft, has reportedly escaped. The escape occurred after the individual allegedly feigned illness and was subsequently transferred to a hospital for medical attention. The prison officer who was assigned to accompany him has been interdicted by the service pending an investigation into […]
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Featured
Chinese national serving jail term for stealing escapes from Nsawam Prison
A Chinese national, who was serving a one-year sentence at Nsawam Prison for theft and other serious offences, has reportedly escaped. The escape occurred after the individual allegedly feigned illness and was subsequently transferred to the Korle-Bu Teaching Hospital for medical attention. Reports indicate that he was initially arrested at Tema and jailed before he […]
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Featured
We’re working tirelessly to rearrest escaped Chinese inmate – Prisons Service
The Public Relations Officer of the Ghana Prisons Service, Superintendent Abdul Latif Adamu, has stated that his outfit is working tirelessly to rearrest the Chinese inmate who escaped from the Nsawam Prison. The Chinese national was serving a one-year sentence at Nsawam Prison for theft and other serious offences. The incident occurred after the individual […]
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Music
Rick Ross to collaborate with Stonebwoy,other African artists on new project
Legendary American rapper and record executive Rick Ross, has disclosed that he is working on a new Africa-focused project. According to Rick Ross known in real life as William Leonard Roberts II, he wants the upcoming project to foster collaborations with the continent’s top musicians. The legendary American rapper in a video which has […]
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