Government has officially withdrawn the controversial Ameri deal brought to Parliament by the sacked Energy Minister Boakye Agyarko. In its place is a new agreement which the current Energy Minister John Peter Amewu claims is an improvement on the initial agreement signed by the erstwhile NDC government in 2015. He would however not comment on whether this new deal is ...

Ghana has begun the export of plantain to Burkina Faso and other countries in the West African sub-region. The bumper harvest of plantain, the number three food crop in Ghana, after yam and cassava, has resulted in the export of the produce from Agogo and its environs to Burkina Faso, Togo, Benin and Cote d’Ivoire. A visit by the Daily ...

Parliament has approved a US$210m facility that will help synchronise traffic flow and traffic information systems in the capital. The system will also provide real-time information to guide drivers on the status of traffic on the various roads, especially during peak hours. This was contained in a Finance Committee report on the fourth subsidiary agreement between government and China Development ...

Some traders at the Mallam-Atta market in Accra have corroborated the position of the Agric. Minister to the effect that prices of food has become relatively cheaper in the country within the last two years. The Minister says the agricultural sector has been given a huge boost due to the implementation of the Planting for Food and Jobs programme by ...

The Peasant Farmers Association of Ghana (PFAG) has raised concern over post harvest losses, which, it said, was having dire consequences for those in the food production value chain, especially farmers. It said it was untenable for the nation to lose about 70 per cent of food produced in the past decade, through post-harvest losses, which caused the nation about ...

The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has served notice about plans by his outfit to start prosecuting pastors who refuse to pay tax on sales from anointing oil, holy water and other items. The move comes on the heels of a huge debate over whether or not the sale of these items constitutes commercial activities ...

Parliament is expected to soon approve the construction of 10 Coastal Fishing Harbours and Landing Sites. This, according to the Information minister, Kojo Oppong Nkrumah, follows a recent Cabinet approval to the commercial and financial agreement for these projects. He told journalists at a bi-weekly briefing Wednesday, that Cabinet has recommended to Parliament for consideration and approval for work to ...

Domestic processing of cocoa hit 300,000 tonnes in the 2017/2018 cocoa season, a 19 per cent jump from the 252,000 tonnes processed the previous season. That brings to 34 percent of the total volume of annual cocoa output averaging 900,000 tonnes that is processed locally. According to the Ghana Cocoa Board (COCOBOD), the rise in domestic processing this season was ...

Ghana’s Debt-to-GDP ratio has dropped to 57.2% according to the Monetary Policy Committee of the Bank of Ghana. In the 2016 Annual Progress report, Ghana’s Total Debt to GDP ratio stood at 73.1% at the end of December, 2017 with year on year debt accumulation rate of 36% in the erstwhile administration. The situation resulted in an increasing interest burden, ...

Dr Joe France, the Director of Financial Stability, Bank of Ghana (BoG), has said that over 90 per cent of fraud-related cases in the banking sector are associated with the employees. According to him, investigations have revealed that some of the banking staff masterminded most of these frauds and urged the management of Banks to be wary of people they ...