The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
By Philip Gebu The 2024 edition of National Chocolate Day was scheduled from 9 to 14 February. It is on the theme: “Eat Chocolate, stay healthy, grow Ghana” and sub-themed: “Explore Ghana, eat chocolate. Some activities scheduled for the celebration include a visitation to the Chief Imam, the Central and Cantonments Mosques, as well as […] The post
By Evelyn ARTHUR, Tema Managing Director of Cocoa Processing Company Ltd, PLC, Kojo Ofori-Safo, has indicated that the company has produced more than enough chocolate and cocoa based products for the Ghanaian market and beyond. According to him, the company aims to produce about 3,000 metric tonnes of chocolate this year translating into over 40 […] The post CPC
Solidaridad has partnered the Department of Cooperatives in Ghana to facilitate the establishment of a robust regional and national cooperative association to increase cocoa farmers’ participation in decision-making. The partnership was formalised by signing a memorandum of understanding (MoU) during a brief ceremony at Solidaridad’s office in Accra. This is against the backdrop that cocoa […] The post
The Ranking Member of the Food, Agriculture, and Cocoa Affairs Committee, Eric Opoku, is calling for a probe into the Cocoa Rehabilitation Programme launched in 2018. The legislator argues that the programme, which identifies diseased farms, cuts down affected trees, and replants them with disease-resistant cocoa varieties, among other measures, has failed, as the country […] The post Govt’s
Eric Opoku, the National Democratic Congress spokesperson for agriculture and Member of Parliament for Asunafo South, has expressed concern over the loss of more than 500,000 hectares of cocoa farms in Ghana due to the Cocoa Swollen Shoot Viral Disease (CSSVD). He interprets this loss as a failure of the government to properly implement the […] The post Loss
The Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has revealed that over 500,000 hectares of cocoa farms in Ghana have been lost to the Cocoa Swollen Shoot Viral Disease (CSSVD), posing a major threat to the country’s cocoa production. While recognising the gravity of the challenge, Mr Aidoo also offered some assurances, […] The post Ghana
Mr. Kwame Owusu-Boateng displaying the award, flanked by the management team Opportunity International Savings and Loans (OISL) Ltd. has received ISO/IEC 27001 certification in line with Bank of Ghana’s Read More... The post Opportunity
Ghana is set to import 2,500 tonnes of cocoa beans from Côte d’Ivoire and 1,000 tonnes from Nigeria. Delivery is expected to be done through the Tema Port. This was contained in a letter signed by the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, sighted by citinewsroom.com, and addressed to […] The post Ghana
The Ghana Cocoa (COCBOD) has clarified that the country’s importation of cocoa beans from neighbouring countries is an industry practice spanning over 20 years. A letter sighted by citinewsroom.com, signed by the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, and addressed to Afrotropic Cocoa Processing Company Limited, gives it the […] The post Importing
In an initiative to improve teaching and learning at the basic school level, ASA Savings and Loans Limited through it Odorkor Branch has presented some infrastructure needs to the Odorkor ‘1’ KG and Primary School in the Ablekuma North Municipality of the Greater Accra Region. The team led by the Area Manager of the company, […] The post Odorkor
Emmanuel Ray Ankrah (in suit) with some officials unveiling the chocolate week with a bite Ghana’s cocoa consumption has increased in the last seven years as a result of Read More... The post Cocoa Consumption Increases appeared first on DailyGuide
Founder of the New Force Movement and Ghanaian Entrepreneur Nana Kwame Bediako, popularly known as Cheddar or Freedom Jacob Caesar, has disclosed his rejection to secure loans from some financial institutions in the country. He decried several Ghanaian banks that turned down his request to grant him loans to facilitate his projects and his array […] The post Ghanaian
Richard Nii Armah Quaye Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye has announced that following stakeholder engagement the house-to-house debt collection exercise has been suspended Read More... The post Quick Loan Ends House- To-House
Nuhu Bayorbo Mahama President Akufo Addo has appointed Mr. Nuhu Bayorbo Mahama as the Chief Executive of the Students Loan Trust Fund. In a letter signed on Tuesday, January Read More... The post Akufo Addo appoints Nuhu Bayorbo Mahama as SLTF Boss
ASA Savings and Loans Company Limited in Winneba, located in the Central Region, has supported the Ansaful CHPS compound to enhance its operations. The company presented a television set, an air conditioner, a water tank, a digital BP machine, and a weighing scale. During a brief ceremony, the area manager for the company, Mohammed Nasimul […] The post ASA Savings
It was an intervention that came at the right time after a mechanized borehole and an adjoining 10,000-liter water tank were commissioned and handed over to the Benim Community in the Asante Mampong Municipality of the Ashanti Region. Some inhabitants had to abandon their farms and daily activities to witness the ceremony, which was to […] The post Benim
Nuhu Bayorbo Mahama has been appointed as the new Chief Executive Officer of the Students Loan Trust Fund. This was announced in a letter the Chief of Staff, Akosua Frema Osei-Opare, wrote to Mr. Mahama dated January 2, 2024, and sighted by citinewsroom.com. “Pursuant to Section 13 (1) of the Students Loan Trust Fund Act, […] The post Nuhu Bayorbo Mahama
ASA Savings and Loans Limited, through its Kaneshie Zongo branch, has presented medical equipment to the Korle Bu Polyclinic/Family Medicine Department to enhance patient care and work output. The items presented include six quality wheelchairs, two swivel chairs, and three mobile blood pressure monitoring devices. During the handover at the Korle Bu Polyclinic premises, Madam […] The post ASA
As part of efforts to encourage the youth to connect with cocoa from bean to bar and develop their knowledge in cocoa and its related activities, the management of the Cocoa Research Institute of Ghana (CRIG) in Tafo, Eastern Region, has launched the Cocoa Club Ghana. The Cocoa Club is a fun-based educational outreach program […] The post CRIG launches
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