Ghana COCOBOD Faces GHC 5.37 Billion Debt—How Will It Impact Cocoa Farmers?
COCOBOD faces a GHC 5.37 billion debt crisis, putting Ghana’s cocoa industry at risk. The government launches investigations and introduces reforms to stabilize operations.
Ghanaian Farmer Reveals High Earnings from Onion Farming: ‘I Make Between GH¢70K and GH¢80K Every Quarter'
A Ghanaian onion farmer revealed he earns GH¢70K to GH¢80K quarterly, challenging perceptions of farming as unprofitable.
GACL Shuts Down McDan Jet Terminal Over $4 Million Debt
GACL has shut down McDan Aviation’s private jet terminal at KIA over $4 million in unpaid fees, including terminal rent and land leases. The company disputes portions of the debt tied to land under litigation, while GACL demands immediate payment.
Fair Prices for Farmers: TCDA Sets 2025 Cashew and 2024 Mango Rates
The Tree Crops Development Authority (TCDA) has set new minimum producer prices for the 2024 mango and 2025 cashew seasons to ensure fair farmer compensation and support Ghana’s growing agricultural sector. These efforts aim to boost economic growth and industry competitiveness.
Bank of Ghana Suspends Consolidated Bank’s Forex Trading License for Regulatory Violations
he Bank of Ghana has suspended the Consolidated Bank of Ghana’s foreign exchange trading license for one month due to multiple regulatory breaches. The license may be restored if CBG implements effective measures to meet compliance standards.
2024 Ghana Ghana Club 100 Awards: Newmont Africa Retains Top Spot as Best Company in Ghana
Newmont Africa (Ahafo South Mine) has retained its title as the top company in Ghana, winning the 21st Ghana Club 100 Awards hosted by GIPC. The 2024 awards recognized leading Ghanaian companies, with Goldfields Ghana Ltd and MTN Ghana also ranking in the top three.
3 months agoMcDan Group Partners with GPHA to Boost Marine Transport and Salt Export in Ghana
McDan Group and GPHA have partnered to create a marine terminal for salt exports, improving logistics and reducing transport costs. The project aims to boost Ghana’s salt production and support economic growth in the Ada region.
4 months agoChinese Mining Giant Acquires $1 Billion Gold Mine in Ghana
China’s Zijin Mining Group acquires the Akyem gold mine from Newmont Corporation in a $1 billion deal, planning to extend operations until 2042. The acquisition is part of Zijin’s strategy to boost global gold production, while Newmont remains committed to its Ghana projects.
4 months agoIn Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
4 months agoIn Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
In Quarter 4 of 2024, Bank of Ghana will auction $120 million to BDCs
4 months agoMost read
ECG Completes Major Maintenance on KNUST Substation After Four Decades
Electricity Company of Ghana (ECG) has completed extensive maintenance work on a substation at Kwame Nkrumah University of Science and Technology (KNUST). This initiative, which was provided at no cost to the university, marks a significant upgrade for the facility that had not undergone major maintenance in over 40 years.
Bono Farmers Struggle Amid Cashew Abundance: Smuggling, Poor Practices, and Raw Nut Exports to Blame
Ghana's cashew industry faces challenges like raw nut exportation, poor practices, and smuggling despite global market growth. Cashew Watch Ghana aims to transform the sector through policy advocacy, fair pricing, and farmer empowerment to boost revenue and economic growth. Improved coordination and value addition are key to unlocking the industry's potential.
Italian Ambassador: Ghana Deserves Greater Recognition in Tourism
The Italian Ambassador to Ghana, Daniela d'Orlandi, highlights the country's rich cultural heritage and diverse tourist attractions, emphasizing the need for increased promotion and recognition of Ghana's tourism sector on the global stage.
Bank of Ghana Defends Decision to Shut Down GN Savings & Loans
The Bank of Ghana staunchly defends its decision to revoke GN Savings and Loans' license, citing regulatory violations, while dismissing allegations of political interference by former Finance Minister Ken Ofori-Atta, as legal challenges by GN's chairman, Dr. Papa Kwasi Nduom, continue.
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