BUSINESS

Traders in the Central Business District of Kumasi, capital of the Ashanti Region, say they will only reduce prices of goods if the local currency appreciates against other international currencies. According to them, though they are willing to sell their products at a relatively cheap price, high exchange rate has …

A yet to be identified lady recently took to social media spaces to share pictures of her thick body whilst adding that her looks are more attractive compared to that of popular actress, Destiny Etiko. The lady who’s suspected to be in her twenties is seen in a blue and …

President Akufo-Addo has called on Ghanaians to stop the unfounded speculations about the value of the local currency against other major trading currencies across the globe. Addressing the nation on Sunday, he said the speculations have contributed to the consistent depreciation in the value of the cedi in recent times. …

    Food and Agriculture Minister, Dr. Owusu Afriyie Akoto TO ALL MEDIA OUTLETS REJOINDER: MR. SENYO HOSI, LOSS OF MILLIONS OF GHANA CEDIS IN AGRICULTURAL INVESTMENT USING DATA FROM THE MINISTRY OF FOOD AND AGRICULTURE The Ministry of Food and Agriculture attention has been drawn to online publications and …

Fuel prices are expected to go up at the pumps mid-November, the Institute for Energy Security (IES) has projected. This is due to the significant depreciation of the Cedi against the American greenback, and the appreciable increase in Gasoil price on the international fuel market. [adrotate group=”2″] “In IES’ estimation, …

The Ashanti Region is undoubtedly a crucial zone to the electoral fortunes of the governing New Patriotic Party, NPP, but in recent weeks and months, it is proving to be a catalyst for protest against economic hardship. Long before the economy-related protests, the region saw a rise in political agitation …

An economist at the University of Ghana Business School, Prof. Godfred Bokpin has detailed that Ghana’s first president, Dr. Kwame Nkrumah, rejected a programme from the International Monetary Fund in 1965, due to some inconsistencies with the programme the Fund developed. According to him, the former President was the first President …

The Concerned Drivers Association has announced a 30 per cent increment in transport fares. The increment takes effect from Saturday, 29 October 2022. The Ghana Private Road Transport Union (GPRTU) had earlier announced a 19 per cent increase in transport fares set to take effect on Saturday, 29 October 2022. …

The Bank of Ghana (BoG) on Thursday, October 27, 2022, revoked the licenses of two forex bureaus in Accra. Airport City Forex Bureau and Trade House Forex Bureau Ltd were the affected forex bureaus. According to the Head of Other Financial Institutions Supervision Department of the Central Bank, Yaw Sarpong, the two …

    By::Nana Kwaku Ofori Atta (CEO of AVCONTECH SECURITY MASTERS) COCOA FARMERS AND COCOA PURCHASING CLERKS CRY October 5, 2022, the government announced the 2022 cocoa producer price of Gh800 representing 21%. Since the announcement of this new price, the government has not released funds to the various cocoa …