Oil fell more than 1 per cent on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. Expectations that a ceasefire agreement between Israel and Hamas could be in sight have grown following […] The post Oil falls for a third day
The Electoral Commission (EC) of Ghana has withdrawn two temporary staff members over an alleged bribery incident at the ongoing Ejisu Constituency By-Elections in Ashanti Region. “The Electoral Commission has taken immediate steps and has withdrawn the two (2) temporary staff while investigations take place,” the EC said in a statement issued on Tuesday afternoon. […] The post EC
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 […] The post We shouldn’t
The car hummed softly as we navigated the familiar streets of Accra, the engine’s rhythmic purr serving as a backdrop to the heavy silence that hung between us. My passenger, a young boy, and one of my favourite nephews, slouched in the back seat, stared out the window with a distant look in his eyes, […] The post Dede Drives the Discourse:
The National Petroleum Authority (NPA) says the African Centre for Energy Policy (ACEP) is not ceased with all the facts regarding the setting of Price Floors for the deregulated products. A statement issued by the corporate Affairs Department of the NPA in reaction to the concerns raised by the ACEP said the latter’s claim that […] The post ACEP doesn’t have adequate information
Executive Director of the African Centre for Energy Policy (ACEP) Benjamin Boakye has observed that the award of large-scale contracts by the government presents a huge change to the country when it comes to corruption. He explained that sole-sourced contracts make it difficult to track efficiency in government spending and also value for money. Those […] The post Sole sourcing large
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. Read More... The post Cocoa Farmers Rejoice Over Jumbo Price Increase appeared first
Thirty years after a devastating genocide, Rwanda has made impressive gains. But ethnic divisions persist under an iron-fisted president who has ruled for just as long.
Corruption comes in many forms in Ghana. Bribery, misappropriation of funds, extortion and administrative theft remain pervasive and affect key sectors of Ghana’s economy. In a 2023 Afrobarometer survey, 77% of Ghanaians surveyed responded that corruption was on the rise in the country. Scholars have long studied the links between corruption and other facets of life. […] The post Rich
The Executive Director of the Africa Center for Energy Policy (ACEP), Ben Boakye, believes the Ghana Grid Company’s (GRIDCo) letter to the Minister of Energy raising concerns over the Electricity Company of Ghana’s failure to provide a load-shedding timetable for customers amidst the ongoing power outages is a ploy to absolve itself of blame. GRIDCo […] The post GRIDCo’s
The Amansie South District in the Ashanti region continues to make strides in the area of infrastructure development as it seeks to improve the living conditions of the inhabitants. Made up of 86 communities, the district is making progress in areas such as transport,sanitation and education among others. At the commissioning of a two-unit kindergarten […] The post Amansie South commissions more projects
In the quiet community of Faanaa, nestled within the Ga South Municipality, lies a heartbreaking reality veiled by serene landscapes and the gentle flow of the Densu River. Here, amidst the tranquil surroundings, lies a community grappling with grief and fear, as its residents continue to face the harrowing journey across the river to access […] The post Faanaa boat capsising incident- one year on first
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
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
Access Bank Ghana Plc, a leading retail Bank in Ghana, has published its robust financial performance for the fiscal year ending 2023, marking a significant milestone in its journey of growth and resilience, further solidifying its path towards achieving its strategic goals. The bank recorded an outstanding increase in Profit Before Tax (PBT) compared to […] The post Access
The Africa Centre for Energy Policy (ACEP) has asked oil marketing companies and Bulk Oil Import, Distribution, and Export Companies (BIDECs) to take legal action against the National Petroleum Authority (NPA) over the planned implementation of the amended petroleum pricing guidelines. The new pricing guidelines, among other provisions, set a price floor for petroleum products, […] The post Drag
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 […] The post Minority demands increase
Effs, the rising star from the UK music scene, has unleashed a scintillating remix of his hit single “I Like That,” featuring the acclaimed Ghanaian rapper Medikal. This dynamic collaboration brings together Effs’ signature style with Medikal’s unique flair, promising listeners an electrifying musical experience. “I Like That (Remix)” combines Effs’ infectious melodies with Medikal’s […] The post Effs
Officials in a group photograph ACCESS BANK and Deloitte Ghana have positively impacted over 170,000 Small and Medium Enterprises (SMEs) through the ‘business interaction series’. The aim of the Read More... The post Access Bank, Deloitte Ghana Build SMEs
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%. […] The post No more free
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