NPA, Think Tank, Clash Over Fuel Prices
The National Petroleum Authority (NPA) and the Chamber of Petroleum Consumers Ghana have clashed over reported fuel prices increases. In a statement it issued Monday, October 17, the Chamber of...
Category: Business
Asogli State To Establish Fertilizer Plant At Ho
The African Fertilizer and Agribusiness Partnership (AFAP) has begun feasibility studies for the establishment of a fertilizer blending plant by the Asogli State in Ho. The Asogli Fertilizer Blending...
Calls For Additional Increase In Cocoa Price ‘irrational’ – Sampson Ahi
A Deputy Minister of state, Sampson Ahi has defended the Mahama-led government for pegging the producer price of cocoa at 11.76 percent describing calls for a further increment as “irrational.”...
Procurement Authority Operates In Rented Facility
The Public Procurement Authority (PPA) has appealed to government to expedite action on the Cabinet memorandum for the approval of the public private partnership process that will assist it to own a...
Debt Crisis Hits Ghana
A NEW report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country is losing around 30% of government revenue in external debt payments each year....
Illegal Miners Must Leave AngloGold’s Obuasi Site – Minerals Commission
The Minerals Commission has given the strongest indication yet for illegal miners still occupying the Obuasi concession, of AngloGold Ashanti, to evacuate the site or suffer ejection. This comes on...
Water Flows Into Akosombo Dam
The water level in the Akosombo hydro plant is gradually picking up. Water from the upper parts and middle belts of the country keep trickling into the dam giving a positive outlook for the dam in...
Fuel Price Up By 4% Not 11%
The National Petroleum Authority (NPA) has described an announcement by the Chamber of Petroleum Consumers (COPEC) of Ghana that fuel prices have gone up by 11 percent as false and misleading. In a...
NPA Playing Mischief – COPECGH
The denial by the National Petroleum Authority (NPA) concerning recent reports of fuel price increases smacks of “mischief”, the Executive Secretary of the Chamber of Petroleum Consumers Ghana...
Banker Lauds Plausible Microfinance Reforms
Executive Director of Microfin Rural Bank (MRB), Ishmael Kwesi Otchere, has described as appropriate and timely the move by the central bank to raise the minimum capital requirement for rural banks...
Local USD-Bond Could Foster Dollarisation
Whereas government has given indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s success, some analysts fear it could weaken the cedi and deepen dollarisation...
Cement War Has Helped Shatter Monopoly
An important development in our cement industry has been the introduction by government of price deregulation, to neutralise local producers’ market monopoly and incidents of cement shortage. Local...
GIPC Wants MMDAs Strategy To Attract Investors
The Ghana Investment Promotion Centre (GIPC) has urged Metropolitan, Municipal and District Assemblies (MMDAs) to design strategic development plans that would bring investment to their regions. This...
Illegal Miners Relocated From AngloGold Concession
The Minerals Commission has started the allocation of concessions to unauthorised miners who have invaded the AngloGold Ashanti (AGA) Obuasi Mines. The move is to relocate these miners without the...
Influx of Alcoholic Beverages; Threat To Consumers – Kasapreko
The Deputy Commercial Director for Kasapreko, Mr. Gerald Bonsu, has cautioned the general public especially consumers of alcoholic beverages, to be cautious of the kind of alcoholic beverages they...
Gov’t ‘cheating’ Cocoa Farmers
The Minority in Parliament has accused the government of fixing a low cocoa producer price for the 2016/2017 crop year. It said the low producer price of GH¢475 per bag announced recently was a...
Nestlé Partners Groups To Support Cocoa Farmers
As part of measures to improve the livelihoods of farmers in cocoa communities, Nestlé Ghana, with its Create Share Value (CSV), has partnered the International Cocoa Initiative and the World Cocoa...
Government Must Declare Unplanned Expenditure In 2017 Budget
As the Finance Minister prepares to present a first quarter 2017 budget to parliament on Thursday, Economist Dr. Ebo Turkson has urged the government to clearly demonstrate how it intends to finance...
11% Fuel Price Hike Report False
The National Petroleum Authority (NPA) has urged the general public to ignore media reports indicating there has been an upward review of fuel prices. The NPA, in a statement released on Tuesday...
Ignore Cocoa Price Propaganda Against Nana Addo – Minority
The Minority New Patriotic Party in Parliament has entreated cocoa farmers to dismiss vile propaganda being perpetuated by the governing National Democratic Congress (NDC) against the NPP’s...