The world’s largest cocoa producers, Cote d’Ivoire (Ivory Coast) and Ghana, have halted or scaled down processing in major plants amid soaring bean costs, Reuters reported on Thursday, saying the situation has led to a global hike in chocolate prices.
Ghana’s inflation rate resumed its downward trend in February, but is unlikely to persuade the central bank to consider another rate cut later this month as it’s expected to edge up again.
President Akufo-Addo has lauded the growing influence of South African businesses in Ghana under the African Continental Free Trade Area amidst renewed calls for increased investments in Ghana.
BDAC Ghana Limited, an indigenous Ghanaian strategic consulting and advisory company has signed a memorandum of understanding (MoU) with the India Africa Trade Council (IATC) to strengthen business relations between the two entities.
Vice President Dr Mahamudu Bawumia on March 11, 2024, joined key figures in the telecommunications sector for the official launch of operations of Telecel Ghana.
The Minister for Trade and Industry, Mr. Kobina Tahir Hammond, has inaugurated a new committee to guide the development and expansion of Ghana’s cement manufacturing sector.
Ghana’s burgeoning and stable democracy, ever-improving business environment and dramatic shift in policy from mineral discovery to value addition as well as the fledging green mineral market are elements which makes the country the ultimate and consummate destination for investors, Lands Minister, Samuel A. Jinapor has said.
President Akufo-Addo has said to shape Ghana’s future and position Ghanaian enterprises to compete globally, it is imperative to seek the support of countries, including Malta to achieve such an objective.
The World Bank Group has reaffirmed its strong partnership with Ghana despite the recent passage of the Human Sexual Rights and Ghanaian Family Values Bill by Parliament, dispelling any speculations about a potential reduction in aid and development assistance to the country.
The Association of Ghana Industries has signed a Memorandum of Understanding (MoU) with the Ghana Commodity Exchange to support the agriculture sector increase liquidity in commodity markets and enhance price discovery.
The Transport Operators Union and the Concerned Drivers Association of Ghana announced a 30% increase in transport fares, set to take effect from Thursday, March 7.
The Registrar of Companies, Jemima Oware, has urged entrepreneurs to legitimise their business ideas to ensure legality over patent, trademarks and copyrights.
The Bank of Ghana(BoG) has suspended the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN), effective March 18, 2024.
