The Chief Executive Officer (CEO) of Ghana Cocoa Board(Cocobod), Mr. Joseph Boahene Aidoo, has hinted at conclusive discussions with President Nana Akufo-Addo to increase the price of cocoa in the coming months this year.
Currently, government buys one bag of cocoa beans from farmers at GH¢515.
The CEO said since the...
African leaders have been cautioned to be circumspect with debt forgiveness calls, as they have a great tendency to not only disturb the bond market but also make it difficult for a successful future bond issuance by African countries.
Calls are rife that with the havoc caused to African countries...
Despite measures by the central bank to free-up capital for banks to support the private sector and hasten revival of the economy following the ruin caused by COVID-19, banks say they will remain extremely cautious about it as the hard times are affecting customers’ ability to pay back loans...
Demands accountability on unutilised ABFA
The management of petroleum revenues remains flawed with numerous challenges, ranging from lack of transparency in utilisation of funds and a deviation in the core mandate of the Ghana National Petroleum Corporation's (GNPC), among others, 10 years on from the commercial production of oil...
While other financial institutions are lamenting the negative impacts on their operations resulting from COVID-19, rural banks are fortunate to be on the other side - recording a surge in deposits.
Board Chairman for Okomfo Anokye Rural Bank-Kumasi, Kennedy Obiri-Yeboah, has stated that his rural bank actually experienced an increase...
British Prime Minister Boris Johnson’s decision to merge the United Kingdom’s Department for International Development (DfID) with the Foreign and Commonwealth Office is a deliberate slap in the face to developing countries. Worse, it comes just when African countries are crying out for international support to fight COVID-19 and...
Across sub-Saharan Africa, digital technologies are driving change—from kids learning to code outside Niger’s capital, to drones delivering medicines to remote communities in Sierra Leone. This is all helping to build resilience.
In the latest analytical chapter for the Regional Economic Outlook for sub-Saharan Africa,the IMF’s African department* examines how...
Dubai to open for tourists from 7 July, Emirates launches destination Dubai ad
New protocols to open travel for UAE citizens, residents and international visitors, with clear measures to protect the health and safety of communities
Emirates has welcomed the latest air travel protocols that will facilitate international travel...
The Association of Ghanaian Advanced Practice Nurses Abroad (AGAPNA), in the United States of America donated medical equipment and devices to the Mankoadze Community Health Programme and Services (CHPS) compound in the Central region.
The items which included bottles of hand sanitizers, boxes of KN 95 and N95 masks, surgical...