Business News of Tuesday, 19 September 2023 Source: www.ghanaweb.com   Vice President Dr. Mahamudu Bawumia The World Bank Country Director (Ghana), Pierre Frank Laporte, agreed with Dr. Bawumia’s claims that Ghana’s energy sector had been saddled with a quadruple whammy. He said: “The big issue has been on the fiscal side. Before the current crisis happened, we observed certain challenges on ...

Business News of Saturday, 16 September 2023 Disclaimer Source: Reuters   Finance Minister, Ken Ofori-Atta Ghana and its official creditors are negotiating cut-off dates for which new loans should be excluded from a restructuring of the country’s overseas debt, two sources familiar with the matter said. Dates in December 2022 and March 2020 were under consideration in recent meetings of the ...

Joseph Boahen Aidoo, COCOBOD Chief Executive Officer Joseph Boahen Aidoo, the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), has dismissed claims of the existence of a Cocoa Fund, allegedly established by former President John Mahama during his presidency to serve as a pension scheme for cocoa farmers. According to Mr. Aidoo, not only was this fund non-existent, but ...

Business News of Sunday, 10 September 2023 Dr. Mathew Opoku Prempeh speaking at event Board Chairman of Tullow PLC, Phuthuma Nhleko has commended the energy minister, Dr. Matthew Opoku Prempeh for the outstanding leadership for his efforts towards ensuring the realization of the first oil from the Jubilee South East Area of the Greater Jubilee Field. According to Mr. Nhleko, ...

Business News of Sunday, 10 September 2023 Source: starrfm.com.gh Cocoa farmers on the farm President Akufo-Addo has officially announced a significant increase in the farm gate price of cocoa beans, raising it from GH¢800 to GH¢1308 per bag for the upcoming cocoa season. During the opening of the 2023/2024 cocoa season in Tepa, located in the Ashanti region, President Akufo-Addo revealed ...

Business News of Sunday, 10 September 2023 Source: www.ghanaweb.com File Photo In the last few months or even years, many Ghanaians have emigrated in search of greener pastures in foreign countries. This was not worrying until the Ghana Health Service started beating the drums on how their members abandoned their posts for the same adventure; greener pastures. If you have been ...

Business News of Monday, 21 August 2023 Source: theheraldghana.com Ranking Member of Mines and Energy Committee in Parliament, John Abdulai Jinapor The Ranking Member on Parliament’s Mines and Energy Committee has been left alone to fight the chairman, Samuel Atta Akyea, as he distances himself from the contents of the Genser Energy and Ghana National Petroleum Corporation (GNPC) Sales Agreement Report. The ...

Business News of Friday, 11 August 2023 Source: www.ghanaweb.com   The German Ambassador to Ghana, Daniel Krull The German Ambassador to Ghana, Daniel Krull, has set the record straight regarding reports suggesting his stance on Ghana’s expenditure reduction during the World Bank loan request process, in an article published on February 25, 2023. In the initial article published across various media ...

Business News of Friday, 11 August 2023 Source: www.ghanaweb.com   The International Monetary Fund The International Monetary Fund has called on the Bank of Ghana to ensure its policy mandates are upheld and implement stringent measures to tame inflation back to its designated target of 8-percent. In a post captured on its website, the IMF said the Bank of Ghana’s income is however expected to be ...

General News of Friday, 11 August 2023 Source: www.ghanaweb.com play videoHis Majesty Otumfuo Osei Tutu II Otumfuo Osei Tutu II, the Asantehene, has destooled Nana Saforo Koto, the Chief of Bekwai-Abodom. The destoolment is as a result of Nana Saforo Koto’s inability to defend himself against nearly 20 charges presented by concerned residents within his community. The charges against him predominantly ...