Despite the growing threat of COVID-19 to virtually all aspects of business and the economy, the Ghana Cocoa Board (COCOBOD) has given the strongest assurance that its annual cocoa syndication loan facility will go ahead without any hitches.
Joseph Boahen Aidoo, CEO of COCOBOD, assured farmers and other industry stakeholders...
While oil contribution to government revenue is expected to drop by nearly US$600million, the sector's total contribution to Gross Domestic Product (GDP) is set to drop by US$2.5billion this year, according to Alex Mould, a former Chief Executive Officer of the Ghana National Petroleum Company (GNPC) and National Petroleum...
Jay Kay Industries and Investments has donated a cheque for GH¢100,000 to the COVID-19 Trust Fund set up by the government to aid the fight against the novel coronavirus pandemic in Ghana.
In addition, 100 Veronica Buckets valued at GH¢50,000 procured locally was donated to strengthen government’s ongoing social activities...
The use of child labour on cocoa farms in top producers Ivory Coast and Ghana has risen over the past decade despite industry promises to reduce it, according to a draft of a U.S. government-sponsored report seen by Reuters.
More than 2 million children worked in the sector last season...
Ghana has recorded 70 new cases of Coronavirus, increasing the total confirmed cases to 636 as of 3pm on Tuesday, 14th, April, 2020. Out of the total confirmed cases, the country has also recorded 17 recoveries with eight deaths.
For the past two weeks, some parts of the country that...
As several African countries are using lockdowns to control the COVID-19 virus' spread, they will also negatively affect economic growth on a continent which has had some of the world's fastest-growing economies in recent years, a World Bank report indicates.
Last week, an African Union report said that nearly 20...
In an Africa, dealing with monumental infrastructure and energy deficits; a teeming youthful population desperate for jobs and opportunities; and currently facing what is arguably its most daunting challenge - the COVID-19 pandemic; the continent has never been as in need of leaders, who care about the development and...
The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East district in the Western Region has donated items tothe government through three local assemblies to support the fight against COVID-19.
The items worth about GH¢67,000 were presented to Wasa Amenfi West Municipality, Wasa Amenfi East Municipality and Wasa...
GLICO, the one-stop shop for insurance and financial services in Ghana, has donated various essential items to the Ghana Prisons Service to assist in measures taken to prevent spread of COVID-19.
The essential items included large quantities of Veronica-buckets, gallons of hand-sanitisers, boxes of vitamin C tablets and thermometer guns.
In...
COVID-19 has disrupted the whole world and has made people think differently. Globally, various activities have been disturbed and human activities have been brought to a standstill.
Over a billion students worldwide are unable to go to school due to measures to stop the spread of COVID-19. This pandemic is...