In a landmark event, the Asantehene, Otumfuo Osei Tutu II, paid a historic visit to COA Research and Manufacturing Limited Company, a leading pharmaceutical company in Ghana. The visit, which took place on Sunday, September 8, 2024, marked a significant milestone in the company’s history and reinforced the strong bond between the Asantehene and the […]
Staff groups of the Volta River Authority (VRA) have voiced their opposition to a draft bill proposing the merger of VRA with the Bui Power Authority. The proposal in question will also see the consolidation of the Electricity Company of Ghana (ECG) with the Northern Electricity Distribution Company (NEDCo), and the creation of an independent […]
Government will increase the state-guaranteed price paid to its cocoa farmers by nearly 45% for the 2024/25 crop season, two sources with knowledge of the price review told Reuters. This according to the sources aims to help boost their incomes and deter bean smuggling out of the country. The world’s number two cocoa producer raised […]
The Bank of Ghana has responded to concerns raised by Samuel Okudzeto Ablakwa regarding a $20 million transfer, which the Member of Parliament claimed lacked consistent documentation. In a statement issued on Wednesday, August 28, the central bank criticised the legislator for his allegations, noting that the funds were intended for the Central Bank of […]
The U.S. Embassy in Accra has transitioned to a new visa services provider as of August 26, 2024, marking a significant shift in the way visa services are managed. Access to the previous visa service provider’s website and services officially ended on August 16, 2024. The Embassy has assured all applicants that existing nonimmigrant visa […]
The Minister of State at the Ministry of Energy, Mr Herbert Krapa, has charged the staff and management of the Electricity Company of Ghana (ECG) to expedite action on addressing the concerns of customers in order to win back their trust. He explained that when consumer complaints were not adequately and promptly addressed, it led […]
The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango. This follows the completion of a new transaction deal worth more than US$200 million. The move is part of decision by Lango to enter more African markets with its retail business strategy. […]
The Ghana Cocoa Board (COCOBOD) spent almost a billion Ghana cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot virus disease (SSVD) to help increase national production in the short to medium term. The money was used to fund the cutting down of diseased and aged cocoa trees, nursing and […]
The country’s economic figures stand in sharp contrast with the daily economic hardships faced by citizens, the Institute of Statistical, Social, Economic and Research (ISSER) has observed. It said although the country’s total income distributed per person, also known as per capita income, had increased by $386 from $1,979 in 2016 to $2,365 in 2023, […]
A US judge has ruled Google acted illegally to maintain a monopoly on online searches and related advertising. Google was sued by the Department of Justice in 2020 for its control of about 90% of the online search market. US District Judge Amit Mehta noted that Google paid billions to ensure it is the default […]
The Ghana National Gas Company (Ghana Gas) has assured the general public that there will be no interruptions in power supply, commonly referred to as “dumsor,” during the upcoming maintenance shutdown of its Gas Processing Plant (GPP) and offshore Gas Export Facilities. The maintenance is scheduled to take place from August 1 to August 17, […]
The Bank of Ghana (BoG) has announced that effective August 1, 2024 all licensed Foreign Exchange Bureaux will be required to demand the Ghana Card before transacting business with any person. This was after it launched a centralised foreign exchange trading platform in line with its objective to ensure the integrity and development of the […]
