BUSINESS

The Ghana Cedi has been ranked as the second worst-performing currency in the world after Sri Lanka’s Rupee, a Bloomberg report has said. The international news portal said the Cedi lost its value by 40.05 percent to the United States dollar in the first nine months of 2022 – making …

The rising cost of fertiliser on the global market will negatively affect availability of rice and other staple foods in 2023 if the crisis between Russia and Ukraine continues into next year, a Chief Economist at the United Nations Food and Agriculture Organisation (FAO), Maximo Torero Cullen, has predicted. Mr. …

Uncompetitive cocoa prices on the international market is forcing cocoa farmers in gold-producing areas to sell farmlands for illegal mining activities, the Ghana Civil-society Cocoa Platform (GCCP) has said. The situation is rather disturbing, given cocoa has been the main cash crop that has been the backbone of the economy. …

Information Minister Kojo Oppong-Nkrumah has warned that Ghana might soon be unable to export cocoa and coffee to some international markets. According to Oppong Nkrumah, the ban might happen because of a new legislation in Europe. In a post shared on Facebook, the minister indicated that the government was warned …

   Telecommunication/ICT Policy Forum (WTPF-21), the Minister for Communications and Digitalisation, Hon. Ursula Owusu-Ekuful presented a Report on the WTPF-21 to participants at the ongoing Plenipotentiary ​Conference(PP-22). The Minister for Communications and Digitalisation, Hon. Ursula Owusu-Ekuful presenting the report The report which was presented on 28th September, 2022 summarises the …

    The Republic of Ghana, on 25th September, 2022, was elected Chair of the Commonwealth ITU Group (CIG) for a four-year term in Bucharest, Romania. The CIG which is made up of fifty-four (54) Commonwealth countries meets periodically to establish a set of objectives to be achieved at various …

    The International Telecommunications Union (ITU) has elected Ms. Doreen Bogdan-Martin and Mr. Tomas Lamanauskas for the Secretary-General and Deputy Secretary-General of the ITU respectively. The elections form part of the objectives for the ITU Plenipotentiary Conference 2022 (PP-22) which is being held in Bucharest in Romania from 25th …

Ghana’s Vice-President, Dr Mahamudu Bawumia, has announced plans by the government to transition from the use of fossil fuel to renewable energy by 2070. To that end, Dr Bawumia has called on stakeholders in the energy sector to accelerate the production and utilisation of oil and gas reserves in Ghana. …

Artisans who ply their businesses within and around the Suame Magazine Industrial enclave are lamenting the current economic hardship is not only affecting their livelihoods but also affecting their marriages The artisans complain that their marriages are on the verge of collapsing due to inability to cater for their families …

The National Petroleum Authority (NPA) is set to commence the Cylinder Recirculation Policy in key parts of the country by the end of December this year. The Chief Executive Officer of the Authority, Dr. Mustapha Abdul-Hamid, explained that development is expected to improve operations after a long wait amid the …