BUSINESS

The new Vice-Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST), Prof. (Mrs.) Rita A. Dickson has committed to pursuing substantial entrepreneurship content, as part of her vision to deepen KNUST’s contribution towards helping to tackle graduate unemployment, in the country. This includes the setting up of Career …

In my previous article on how much cocoa farmers earn and why we need to announce a Cocoa Emergency, we realised that household members of cocoa farmers individually lived on a daily income as low as US$0.17 / day when cultivating a two-hectare cocoa farm. The issue of low income …

AngloGold Ashanti has announced that Kelvin Dushnisky will step down as chief executive officer (CEO), effective September 1, 2020. The Board thanked him for his contribution in delivering on its strategy and wishes him well in the future. A statement said Kelvin will remain in Toronto to spend time with …

The law banning the importation of salvaged vehicles into Ghana comes. into effect on November 1, 2020. Shipping agents, Importers and freight forwarders were therefore advised to properly counsel their clients on importing such vehicles to Ghana and its consequences. Parliament, in March, passed the Customs (Amendment) Bill, 2020 an …

The Institute for Energy Security (IES) has noted that figures collated by its economic indicate that the cedis appreciated against the US Dollar by 0.35 per cent. This, according to the IES, affected crude oil prices to remain fairly stable over the period. Raymond Nuwokoor, Research and Policy Analysts at …

The Electricity of Ghana (ECG), following President Nana Akufo-Addo’s announcement to absorb 100% electricity bills for lifeline residential customers (customers who consume between 0-50kVVh) per month, has released guidelines on the implementation of power. Lifeline customers on both prepaid and postpaid metering systems will realise their relief effective August 2020 …

Over 2,600 farmers in the Kwahu West Municipality have benefited from the Planting for Food and Jobs (PFJ) programme, which enabled them to expand their farms. The farmers benefited from subsidised fertilizers, seeds and planted maize and vegetables. Disclosing this at the Assembly meeting at Nkawkaw in the Eastern Region, …

Farmers across the country are struggling to access improved seedlings and farm machinery necessary for the production of crops because of the disruption in the supply chain due to the COVID-19 pandemic. Chief Osman Fukuyama, a farmer at Bereku in the Central Region, said farmers in his district and others are “struggling …

The President of the Ghana Union of Traders Association (GUTA) Dr. Joseph Obeng has dismissed claims that their members are jealous of their fellow Nigerian traders and deliberately targeting them. According to Dr. Obeng, the Nigerian traders are infringing the basic laws in the retail sector and must be made …

Commercial drivers are likely to reduce transport fares by 10 percent effective Saturday August 1. The decision comes after a call by by the Chamber of Petroleum Consumers Ghana (COPEC) following the President’s decision to lift the restriction placed on commercial vehicles in the wake of the COVID-19 pandemic. The …