BUSINESS

WACOMP Initiative Will Sanitize Ghana’s Export

Ghana’s offer to encourage its exports in cassava, fruits as well as cosmetics, a project named “the West Africa Competitiveness Programme (WACOMP) has been introduced by the European Union, the funding agency and implemented by UNIDO in cooperation with the Ministry of Trade and Industry. The technical advice for the …

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Govt increases cocoa producer price by 8.42%

The government has announced an increase in cocoa producer price by more than 8 per cent for the next crop season. This means that a 64-kilo bag would now be sold at GH¢515, while a tone would go for GH¢8,249. The Minister of State in-charge of Food and Agriculture, Dr …

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Drop ‘satanic’ sex education programme – Chief Imam

The National Chief Imam Sheikh Dr. Osmanu Nuhu Sharubutu has described the controversial Comprehensive Sexuality Education curriculum. According to him, Islamic teachings do not tolerate the exposure of children below age 10 to sex education. “We would like to state unequivocally that the Islamic Community does not accept any form …

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Electricity tariff up by 5.94%, water 2.22%

The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment of electricity and water tariffs. Electricity is up by 5.94%, while water is up by 2.22%. The increases take effect from October 1, 2019. A statement issued by the PURC, Monday explained that the increases were determined by the …

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Ghana named 13th rising star of global trade – Report

A new research from Standard Chartered has been ranked Ghana among the top 20 rising stars of global trade. The Trade20 index, which identifies the 20 rising stars of trade, places African markets Côte d’Ivoire in the top spot, Kenya at number three and Ghana in 13 th place. The …

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Sex education sparks outrage in Ghana – BBC’s report

Parents and Christian groups in Ghana have pushed back against a planned introduction of Comprehensive Sexuality Education (CSE) for primary school children aged four. Education officials in Ghana say the Unesco programme will empower children with information on their sexuality and reproductive health issues. Director of the Ghana Education Service …

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Women in Agriculture advocate for standardised scale use

Women in agriculture in the Bono East Region have called for the use of scale and standardised measurement of farm produce at all markets in the country to make farming very attractive and profitable business. The use of weight and measurements, according to the farmers, would bring about equal pricing …

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Government Directs COCOBOD To Acquire All Fertilizers Locally

Government has directed the Ghana Cocoa Board (Cocobod) to purchase all fertilizers necessary for the growing of cocoa and other crops from local sources, beginning next year. The Vice President of the Republic, Dr Mahamudu Bawumia, who disclosed the directive on Wednesday 25th September, 2019, said such an order had …

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460 Teacher Trainees sacked nationwide

A total of four hundred and sixty (460) First Year Teacher Trainees in the 46 colleges of Education in the country have been dismissed. The Students were rusticated over poor academic performances by the University of Cape Coast which is the affiliating University of the colleges. The affected students are …

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Danger! Adolescents use weedicides for abortion

The Central Region Public Health Directorate of the Ghana Health Service has expressed worry about reports of adolescents resorting to weedicides to abort pregnancies. The Regional Director, Public Health, Dr Kwabena Sarfo, said that was worrying and an indication that comprehensive sexual education had to be intensified to reach all, …

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Liverpool beat Chelsea to maintain perfect start

Liverpool retained their five-point lead at the top of the table as they became the first team to win their opening six Premier League games in successive seasons with a fiercely-fought victory over Chelsea at Stamford Bridge. Jurgen Klopp’s title pace-setters looked on course to win in comfort as Trent …

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Mad rush for community mining registration ID cards

The Inter-ministerial Committee on Illegal Mining (IMCIM) through the Ministry of Lands and Natural Resources has secured two separate mining concessions in Akrofrom district of Ashanti Region to be used for the Community Mining Programme to replace the destructive illegal mining popularly known as ‘galamsey’. Over three thousand (3,000) illegal …

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Government freezes payments to independent power producers

Government has placed a temporary freeze on payments to independent power producers as it bids to renegotiate power purchasing agreements signed with the previous administration. A statement by the Finance Ministry on 20th September 2019, announced this development further reiterating the establishment of a steering committee under the Energy Sector …

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Conflicts, bad weather major cause of food insecurity – FAO

Dry weather and protracted conflicts have been identified by the Food and Agriculture Organization (FAO) as the main cause of food insecurity in some 41 countries across the world. The FAO in a report released on Thursday 19TH September, 2019 said some 41 countries continue to be in need of …

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Money paid by Jospong for Akwatia Diamond mine missing – Asamoah Boateng

It has emerged that monies paid by Ghana Consolidated Diamonds Ghana Limited (GCDGL), a subsidiary of the Jospong Group of Companies to acquire defunct Great Consolidated Diamonds (GCD) at Akwatia in the Eastern region is missing. Director-General of the State Interests and Governance Authority (SIGA), Stephen Asamoah Boateng, revealed this …

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How a businessman was duped right inside the Jubilee House

A Kumasi-based businessman has recounted how one Nana Fredua Agyemang of the Confiscated Assets Committee operating at the Tema Harbour duped him of GH¢ 20,000 right inside the Jubilee House, MyNewsGh.com reports. He says the said Fredua, who claimed to be one of the aides of the Executive Secretary to …

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Government abrogates Akwatia mine contract

The government has abrogated the contract awarded to Great Consolidated Diamonds Ghana Limited (GCDGL) in 2011 to mine diamonds at Akwatia for breach of contract. The company failed to fulfil its core mandate of paying $17 million to the Divestiture Implementation Committee (DIC), as well as rehabilitating and refurbishing facilities …

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Ghana expected to produce 850,000 tonnes of cocoa in 2019/20 season

Ghana, the world’s second largest cocoa producer, is expected to produce 850,000 tonnes of cocoa in 2019/20 season, at the lower end of average levels on account of the swollen shoot disease outbreak, COCOBOD has said. Ghana’s annual cocoa production is usually between 850,000 and 900,000 tonnes, though the country …

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Newmont Goldcorp ranked top gold miner on DJSI

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) has been ranked as the top global gold mining company on the Dow Jones Sustainability World Index (DJSI World) for its leading environmental, social and governance (ESG) performance. This represents the 12th consecutive year the company has been named to the list. Newmont was the first …

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August inflation 7.8%

The inflation rate for August 2019 was 7.8 per cent, the Ghana Statistical Service (GSS) has announced. Acting Government Statistician, Professor Samuel Kobina Annim, said at a press conference on Wednesday, 18 September 2019 that the food and non-alcoholic beverages group recorded a year-on-year inflation rate of (8.2) per cent; …

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Cocobod signs deal to build processing factory

The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana. The factory, which will be located at Sefwi-Wiawso in the Western Region will be operated by COCOBOD and Genertec through a Public Private …

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Zoomlion Takes Steps To Optimize Waste Management Processes

General Manager of waste management giant, Zoomlion Ghana Limited, Mrs. Florence Larbi, has stressed the need to examine plans to implement a waste management system, which would integrate waste collection and treatment methods, environmental benefits as well as social acceptability in a practicable and sustainable manner. According to Mrs Larbi, the proposed …

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UEW Vice-Chancellor sued over UEW finances

Mr Bruno Bajuase Chirani, Acting Finance Officer of the University of Education, Winneba (UEW), has filed a writ at the Winneba High Court in the Central Region, calling for an audit into the university’s account. According to Mr Chirani (plaintiff), the court should order a forensic audit of all payments …

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