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Ghana raises cocoa farmers’ pay by 21% after premium surcharge

Ghana has raised its farm gate price for cocoa by 21% after implementing a $400 per metric ton premium on futures prices for the 2020-21 harvest, according to two people familiar with the matter. Growers of cocoa beans in the ...

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Court blocks Menzgold customers’ commemorative gathering today

An Accra High Court has blocked a planned commemorative gathering by customers of defunct gold trading firm, Menzgold. The aggrieved customers had planned the convergence on Saturday to mark the passing of some 64 of their members following the shut ...

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NDC manifesto focuses on building Ghanaian owned businesses – Awuah-Darko

A former Chief Executive Officer of the Bulk Oil Storage and Transportation Company Limited (BOST) Kwame Awuah-Darko has said the next government of the National Democratic Congress (NDC) will focus on building institutions that finance Ghanaian and Ghanaian owned businesses. ...

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NAM 1 case adjourned again to October 1

The Circuit Court in Accra presided over by Her Honour Ms. Ellen Asamoah has adjourned the case in which the Chief Executive officer (CEO) of Menzgold Nana Appiah Mensah (NAM1) has been arraigned to October 1, 2020. The State had ...

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Don’t use House of Chiefs to legitimize Agyapa deal – Togbe Afede warns

The President of the National House of Chiefs, Togbe Afede XIV, has called on the public to disregard publications purported to have emanated from the House of Chiefs condemning comments made by the National Democratic Congress’ flagbearer John Dramani Mahama ...

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All customers of failed banks paid fully; over 95% of savings & loans, microfinance customers paid – Governor Addison

The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that all customers of the nine (9) failed banks, and over ninety-five percent (95%) of customers of Specialised Deposit-taking Institutions (SDIs), which were affected by the banking sector ...

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BoG has been sterling in its work – President Akufo-Addo

President Akufo-Addo has commended the Governor, management and staff of the Bank of Ghana (BOG) for their contribution towards the building of the country’s economy the past three and half year since he has been in office as President. Addressing ...

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Oppong Nkrumah explains Agyapa Royalties transaction

The Minister for Information, Kojo Oppong Nkrumah has been explaining the structure of the Agyapa Royalties transaction and its benefits. In an interview on PM Express on the Accra based Joynews channel, Mr Nkrumah said the deal raises no debt ...

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Allotey Jacobs lauds 1-D-1-F initiative by Akufo-Addo

Former Central Regional Chairman of the National Democratic Congress, Ben Allotey Jacobs has lauded the one- district-one-factory initiative as a successful model worth emulating by all future governments. According to Mr. Allotey Jacobs who describes himself as among the initial ...

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1D1F: Akufo-Addo commissions Ekumfi Fruits & Juice Factory

President Akufo-Addo on Friday, 21st August 2020 commissioned the Ekumfi Fruits and Juices Factory, a project initiated under the One-District-One-Factory initiative of his Government. According to President Akufo-Addo, the Ekumfi Fruits and Juices Factory is a wholly-owned Ghanaian company and ...

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