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Oil fell more than 1 per cent on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. Expectations that a ceasefire agreement between Israel and Hamas could be in sight have grown following […] The post Oil falls for a third day
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 […] The post World Bank predicts
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
Kwadwo Nsafoah Poku, an Energy Analyst and member of the New Patriotic Party (NPP) has urged Ghanaians to refrain from politicising fuel prices. On April 16, 2024, several Oil Marketing Companies (OMCs) increased fuel prices, marking the second pricing window of the month. Investigations by Citi News at various OMC outlets showed a notable rise […] The post We shouldn’t
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […] The post MoF, MASLOC
In a move that has been met with great enthusiasm following the government announced 58.26% increase in the producer price of cocoa, farmers have gone to town in jubilation. Read More... The post Cocoa Farmers Rejoice Over Jumbo Price Increase appeared first
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 […] The post COCOBOD
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 […] The post Suspension
A man has been sentenced to 30 years in prison for helping an Islamist attacker who killed five people at a French Christmas market in December 2018. Audrey Mondjehi, 42, was convicted of obtaining a gun used by Cherif Chekatt, who shot and stabbed his victims in Strasbourg, north-eastern France. The pair were former prison […] The post Strasbourg shooting:
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 […] The post Gov’t increases cocoa price to GHC2,070 per bag first appeared on
The Ghana Cocoa Board (COCOBOD) has announced a revision in the Producer Price of cocoa for the remainder of the 2023/24 crop year, effective from Friday, April 5, 2024. This decision was made following consultations with stakeholders. COCOBOD in a statement released on April 5, 2024, explained that a 64 kg bag is now priced […] The post Government increases producer price
Tens of thousands of people have fled the Haitian capital, Port-au-Prince, to escape a surge in gang violence over the past weeks. United Nations figures suggest more than 53,000 left between 8-27 March. The UN is warning that the rural regions to which many have fled are not equipped to deal with such a large […] The post More than 50,000 flee Haiti capital after surge in gang violence
The Minority in Parliament has called for an immediate increase in the farm-gate price of cocoa in Ghana, citing the recent unprecedented surge in global cocoa prices. In a statement signed by Member of Parliament for Asunafo South, Mr. Eric Opoku dated Tuesday, April 2, 2024, the minority expressed concern over the sharp decline in […] The post Minority demands increase
By Rashidatu IBRAHIM MTN Ghana paid GH¢5.9 billion in direct and indirect taxes, along with an additional GH¢0.4billion in fees, levies and other payments to government agencies last year. Together, these payments represents 47.1 percent of MTN’s total revenue paid to the government for the 2023 financial year. This was revealed by its Board Chairman, […] The post MTN
Dr. Prince Hamid Armah Deputy Minister-designate for Works and Housing and Member of Parliament for Kwesimintsim, Dr. Prince Hamid Armah, has advocated for the teaching and learning of local Read More... The post Dr. Armah Promotes Local Languages appeared first on
Deputy Minister Designate for Works and Housing, Dr. Prince Hamidu Armah, is urging the government to prioritize the completion of the Saglemi housing project. He emphasized that once state funds have been invested in the construction, it is imperative to finalize the project. The Saglemi Housing Project, which commenced in 2016, has experienced delays after […] The post We’re
Some Ga Kenkey vendors in Accra are now considering charging customers for the previously complimentary pepper as economic challenges in Ghana worsen, contributing to a broader increase in the cost of living. The latest economic data indicates a marginal rise in the year-on-year inflation rate for January 2024, with the current inflation rate reaching 23.5%. […] The post No more free
Prince Harry has lost a High Court challenge against the government over the level of his security protection when he is in the UK. The Duke of Sussex had been trying to overturn a ruling which saw his security status downgraded after he stopped being a “working royal”. His lawyers argued there was unfairness in […] The post Prince Harry loses
Hiplife Legend Okyeame Kwame and actor Prince David Osei have been named on the manifesto committee for the flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia. They form part of the party’s sub-committee on tourism, arts and culture chaired by the Executive Secretary of the National Film Authority (NFA), Juliet Yaa Asantewaa Asante and […] The post Okyeame
Healthcare delivery at the newly-constructed Fomena Government Hospital is being hampered, following unstable power supply to the health facility.This came to light when the Paramount Chief for Adansi Traditional Area, Opagyakotwere Bonsra Afriyie II, paid a working visit to the hospital. Bringing to fore the challenges confronting the hospital, the administrator of the facility, Mr. […] The post Unstable
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