The Ghana Private Road Transport Union (GPRTU) has expressed dismay over the sudden reversal of the Price Stabilization and Recovery Levy on petroleum products by the National Petroleum Authority (NPA). The National Petroleum Authority (NPA) on April 4, 2024, instructed all Oil Marketing Companies and related stakeholders to impose a levy of 16 pesewas per […] The post Suspension
The African Continental Free Trade Area (AfCFTA) Secretariat has announced its commitment to mobilize $10 billion to bolster the development of small and medium-scale enterprises led by youth across Africa. The AfCFTA revealed that it has already allocated $150 million to support the burgeoning businesses of young entrepreneurs in Africa. Additionally, it aims to augment […] The post AfCFTA
Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […] The post Fuel
A group photograph of the participants after the training Some selected staff of the Electricity Company of Ghana (ECG) have undergone a three-day training aimed at empowering the participants with Read More... The post ECG Staff Receive Gender Equity Training appeared first
Dr. John Kwakye The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye says government must accept responsibility for the economic outcomes during the 2020-22 Read More... The post ‘Accept Responsibility For Economic Outcomes’ appeared
Rev. Dr. Ezekiel, a purported trustee of approximately two acres of land belonging to the Department of Parks and Gardens near the Russian Embassy in Accra, has refuted allegations of employing land guards to protect the disputed land. He has threatened legal action against the director of the Department of Parks and Gardens, accusing him […] The post No
Ghana and Kenya has formed a bi-national commission to elevate their relations. The agreement was reached at Jubilee House on Wednesday, April 3, 2024 when the President of Kenya, William Ruto, visited President Akufo-Addo. He was on a 3-day official state visit to Ghana to strengthen the ties of cooperation that exist between the two […] The post Ghana and Kenya form bi-national Commission appeared
Business communities in Ghana and Kenya have appealed to their respective governments to consider procuring vessels to aid intra-countries trade. The Ghana Chamber of Commerce and the Kenyan Association of Manufacturers were in sync on this advocacy, at a business forum for Ghana and Kenya held in Accra on Wednesday, April 3, 2024. The two […] The post Biz communities
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
Energy Analyst and CEO of Euroka Energy Solutions, Dr Yussif Sulemana has taken a swipe at the National Petroleum Authority (NPA) for reintroducing the Price Stabilisation Recovery Levy in the price build-up. To him, this is not the best decision to take at this time of rising fuel prices. The NPA in a letter dated […] The post Energy Expert criticises NPA for
The Ghana Cocoa Board (COCOBOD) has announced a revision in the Producer Price of cocoa for the remainder of the 2023/24 crop year, effective from Friday, April 5, 2024. This decision was made following consultations with stakeholders. COCOBOD in a statement released on April 5, 2024, explained that a 64 kg bag is now priced […] The post Government increases producer price
Andy Appiah-Kubi, chairman of the Foreign Affairs Committee of Parliament, has pledged the committee’s commitment to holding the Ministry of Foreign Affairs and Regional Integration accountable for enhancing the passport acquisition process. This declaration comes in response to public outcry regarding the recent hike in passport application fees by the government. Appiah-Kubi defended the fee […] The post Increased
President Akufo-Addo welcoming President Dr. William Ruto at the Jubilee House The governments of Ghana and Kenya have resolved to chart a new course. This is to strengthen existing Read More... The post Ghana, Kenya Deepen Ties appeared first on DailyGuide
Dr. Kweku Arthur-Annobil, Strategy Lead & Business Manager (BCB) at Stanbic Bank, has urged regulators and business leaders in the financial sector to support female entrepreneurs to grow and expand their businesses. He made this statement at the 2024 Women in Business Dialogue series, held at the La Palm Royal Beach Hotel. Speaking at the […] The post Women
By Emmanuel AKOMEA The Chief Executive Officer of DCG Consulting Group, Dzibordi K. Dosoo, emphasizes the significance of prioritizing skill development and effective communication to thrive in today’s competitive business environment. According to her, regardless of the product or service offered, refining one’s abilities and communicating effectively with customers are pivotal for success. Dosoo further […] The post
The Institute of Economic Affairs (IEA) has criticized the government for its poor macroeconomic performance from 2020 to 2022. During this period, Ghana experienced an economic downturn, with the government seeking a 3 billion bailout from the International Monetary Fund (IMF). Giving a post-analysis of President Akufo-Addo’s State of the Nation Address (SONA), on April […] The post Economic
Panelists present at the forum MTN Business recently organized a conference aimed at exploring the impact of data and Artificial Intelligence (AI) on businesses. The one-day event was themed, Read More... The post MTN Business Holds Data, AI Conference appeared first on
Kafui Bimpe Access Bank Ghana has partnered indigenous shoe manufacturer, Horseman Shoes, to empower over 500 shoemakers in the country. A statement issued by the bank said the empowerment Read More... The post Access Bank Partners Horseman Shoes appeared first on
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
The Minority members in Parliament say they have taken notice of recent developments on the international market relative to the prices of cocoa. In a statement signed by the Ranking Member on the Parliamentary Select Committee on Food, Agric & Cocoa Affairs, Mr Eric Opoku, the group said they have observed that global cocoa prices […] The post Minority in parliament demand
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