Business
World Bank predicts significant drop in global food prices in 2025
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […]
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Headlines
Kofi Amoaben endorses Mahama as right leader for Ghana in 2025
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […]
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Business
We shouldn’t politicise fuel prices – Kwadwo Poku
Kwadwo Nsafoah Poku, an Energy Analyst and member of the New Patriotic Party (NPP) has urged Ghanaians to refrain from politicising fuel prices. On April 16, 2024, several Oil Marketing Companies (OMCs) increased fuel prices, marking the second pricing window of the month. Investigations by Citi News at various OMC outlets showed a notable rise […]
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General News
Cocoa Farmers Rejoice Over Jumbo Price Increase
In a move that has been met with great enthusiasm following the government announced 58.26% increase in the producer price of cocoa, farmers have gone to town in jubilation.
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Featured
COCOBOD has incurred losses since Akufo-Addo assumed office – Eric Opoku
The Member of Parliament for Asunafo South, Eric Opoku, has asserted that the Ghana Cocoa Board (COCOBOD) has incurred losses since President Akufo-Addo assumed office. He attributed these losses to the poor performance of the Akufo-Addo-Bawumia government, which has been in power since 2017. During an interview with Bernard Avle on the Point of View […]
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Featured
Suspension of Price Stabilization and Recovery Levy shocking – GPRTU
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 […]
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Featured
Fuel prices cross 14 Cedis per litre, the highest in 14 months
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 […]
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News
Gov’t increases cocoa price to GHC2,070 per bag
Government in consultation with stakeholders in the cocoa sector, has reviewed the producer price for cocoa upwards, as a bag of the cash crop is pegged at GHC2,070, effective today, Monday, April 5. This means that the new price will be in force for the rest of the 2023–2024 cocoa season. The Ghana Cocoa Board […]
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Business
Government increases producer price of cocoa by 58%
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 […]
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World News
More than 50,000 flee Haiti capital after surge in gang violence
Tens of thousands of people have fled the Haitian capital, Port-au-Prince, to escape a surge in gang violence over the past weeks. United Nations figures suggest more than 53,000 left between 8-27 March. The UN is warning that the rural regions to which many have fled are not equipped to deal with such a large […]
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Featured
Minority demands increase in farm-gate price of cocoa
The Minority in Parliament has called for an immediate increase in the farm-gate price of cocoa in Ghana, citing the recent unprecedented surge in global cocoa prices. In a statement signed by Member of Parliament for Asunafo South, Mr. Eric Opoku dated Tuesday, April 2, 2024, the minority expressed concern over the sharp decline in […]
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General News
Dr. Armah Promotes Local Languages
Dr. Prince Hamid Armah Deputy Minister-designate for Works and Housing and Member of Parliament for Kwesimintsim, Dr. Prince Hamid Armah, has advocated for the teaching and learning of local
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Business
We’re considering private investors to complete Saglemi housing project – Prince Armah
Deputy Minister Designate for Works and Housing, Dr. Prince Hamidu Armah, is urging the government to prioritize the completion of the Saglemi housing project. He emphasized that once state funds have been invested in the construction, it is imperative to finalize the project. The Saglemi Housing Project, which commenced in 2016, has experienced delays after […]
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General News
ECG Blames Power Outages On Full Capacity Transformers
The Electricity Company of Ghana (ECG) has identified the cause of recent power outages in the country. According to the ECG, the challenges stem from some of their distribution
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Business
No more free pepper – Ga Kenkey Sellers warn
Some Ga Kenkey vendors in Accra are now considering charging customers for the previously complimentary pepper as economic challenges in Ghana worsen, contributing to a broader increase in the cost of living. The latest economic data indicates a marginal rise in the year-on-year inflation rate for January 2024, with the current inflation rate reaching 23.5%. […]
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International
Prince Harry loses High Court challenge over UK security protection
Prince Harry has lost a High Court challenge against the government over the level of his security protection when he is in the UK. The Duke of Sussex had been trying to overturn a ruling which saw his security status downgraded after he stopped being a “working royal”. His lawyers argued there was unfairness in […]
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Celebrity News
Okyeame Kwame, Prince David Osei named on Bawumia’s Tourism manifesto sub-committee
Hiplife Legend Okyeame Kwame and actor Prince David Osei have been named on the manifesto committee for the flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia. They form part of the party’s sub-committee on tourism, arts and culture chaired by the Executive Secretary of the National Film Authority (NFA), Juliet Yaa Asantewaa Asante and […]
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General News
Kunsuhene urges newly elected PM to promote unity towards development
Nana Agyemang Badu Duah I, chief of Kunsu, in the Ahafo Ano South West District of Ashanti region has urged Mr. Prince Oppong, the newly elected Presiding Member to ensure unity among the members of the Assembly, irrespective of their political affiliation, to accelerate the total development of the various electoral areas. Speaking to the media […]
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Nigeria
More hardship for Nigerians as prices of rice, beans, garri, others spike by 50%
Prices of staple foods in Nigeria increased to at least 40 percent in the last two months, a market survey by DAILY POST reports. DAILY POST gathered that as of Monday, 11 February 2024, the prices of Rice, beans, garri, groundnut oil, tomatoes, and bread witnessed an astronomical increase of over 40 percent from December […]
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Columnist
West Africa’s ‘Brexit’ moment could fuel regional turmoil
On January 28, Niger, Mali and Burkina Faso announced their withdrawal from the 15-member Economic Community of West African States (ECOWAS) – from which all three had been suspended following the military coups that overthrew their democratically elected governments. This represents the greatest crisis the bloc has faced since its establishment in 1975. The three […]
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