The Cocoa Marketing Company (CMC) and Ghana Shippers’ Authority (GSA) have started processes to negotiate cocoa freight charges for the 2021/2022 cocoa season. 24 shipping lines ferrying Ghana’s cocoa beans to the international market will be taking turns to negotiate with the CMC and GSA to determine rates for the upcoming crop season.
Access Bank has recorded strong growth in its financial performance for the first half of the year, with a 16% and 12% year-on-year (YoY) growth in its net interest income and pre-tax respectively. This comes despite the subdued economic conditions brought about by a spike in coronavirus cases at the turn of the year.
Ghana’s Nuclear Power Plant will soon provide safe, clean, and affordable energy to support Ghana’s quest to join the world in phasing out fossil fueled vehicles if the roadmap is strictly followed.
The global gold industry, and by extension the mining industry, so far stands out as the utmost beneficiary of the COVID-19 global crisis, General Secretary of Ghana Mineworkers’ Union (GMWU), Abdul-Moomon Gbana has observed.
The International Monetary Fund (IMF) will, today, August 23, 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR) allocation.
The Ghana Real Estate Developers Association, GREDA has expressed worry about the state of the unregulated housing sector which has triggered high pricing of lands and properties.
The latest payments platforms report released by the Bank of Ghana, covering the first half of 2021 has disclosed that mobile money transactions has retained its place as the most preferred mode of transferring money, ahead of cheques.
Nana Akufo-Addo has urged the Bank of Ghana (BoG) to bridge the gap between its monetary policy rate and the lending rates of commercial banks to enhance the rapid growth of the country.
Researcher, University of Cambridge Faculty of Law, Oliver Barker Vormawor says the 1.65 billion dollars GNPC-Aker deal is clearly the new Agyapa deal the country is dealing with.
The Africa Centre for Energy Policy (ACEP) has urged the government to initiate discussions on the Agyapa Royalties deal to prevent another rushed agreement.
Ghana has achieved a new cocoa production record of 1,033,132.19 metric tonnes for the 2020/2021 crop season – beating a 10 year-record production of 1,024,000 metric tonnes in the 2010/2011 crop season, COCOBOD has announced.
The Ministry of Finance says it expects to begin making various payments from the GH¢600 million released in 2020 to the Health Infrastructure Account at Bank of Ghana to support the implementation of the District and Regional Hospital Projects, Agenda 111.
Absa Group Ltd., one of Africa’s largest financial services providers, reported an increase in interim earnings and resumed dividend payments as the economic effects of the pandemic eased in the first half of 2021 compared with the same period a year earlier.
