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 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 […] The post World Bank predicts
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 […] The post Kofi
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
A request filed by political activist, Oliver Barker-Vormawor to the High Court for the GHc10 million defamation suit filed against him by the National Security Minister to be struck out has been dismissed. The High Court presided over by Justice Rev Joseph Owusu-Adu Agyemang held that the application lacks merit. The court also awarded a […] The post Kan Dapaah’s defamation
Dr Francis Baah, Director of Research at the COCOBOD has denied claims that a meeting was convened upon the assumption of office of Dr Kwabena Opuni, the first accused in the cocoa trial, where a decision was taken to compel Scientists to breach testing procedures for the fertilizers. The purported meeting was allegedly attended by […] The post Opuni
Kwaku Manu Renowned Kumawood actor Oboy Siki has lauded his colleague, Kwaku Manu, for his humble demeanour despite his significant wealth. In an interview with Angel FM, Oboy Siki praised Read More... The post Kwaku Manu Does Not Flaunt His Wealth-Oboy Siki appeared
French President Emmanuel Macron says the Paris Olympics opening ceremony could move from the River Seine if the security risk is too high. Mr Macron said it could be “limited to the Trocadéro”, across the Seine from the Eiffel Tower, instead of covering the planned stretch of the river. He added that it could even […] The post Macron says Paris Olympics opening ceremony
Victor Manuel Rocha, a former United States diplomat, has been sentenced to 15 years in prison after admitting to acting as an agent of Cuba, in what the US Department of Justice has called one of the highest-reaching and longest-lasting infiltrations of the US government. According to US prosecutors, Rocha secretly supported Cuba’s governing Communist […] The post Former
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
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 […] The post COCOBOD
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
A man has been sentenced to 30 years in prison for helping an Islamist attacker who killed five people at a French Christmas market in December 2018. Audrey Mondjehi, 42, was convicted of obtaining a gun used by Cherif Chekatt, who shot and stabbed his victims in Strasbourg, north-eastern France. The pair were former prison […] The post Strasbourg shooting:
French President Emmanuel Macron Russia is running a disinformation campaign to undermine the Paris Olympics, according to French President Emmanuel Macron. At the inauguration of a new Olympic swimming centre, Read More... The post Russia Undermining Paris Olympics? appeared first on
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 […] The post Gov’t increases cocoa price to GHC2,070 per bag first appeared on
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
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 […] The post More than 50,000 flee Haiti capital after surge in gang violence
Two persons have been arraigned before an Accra Circuit Court for allegedly robbing an online trader of electronic gadgets worth GH¢126,300. They are Edward Kweku Sena, a 43-year-old Instructor and Derrick Botchway a 35-year-old Driver.An accomplice, whose name was given as Quaye, is at large.Sena and Botchway have been charged with conspiracy to commit crime […] The post Two in court for allegedly
A Nigerian accused of being a member of the Islamic State, ISIS, in Iraq and Syria, Emmanuel Osase, has been detained for 60 days, by the order of a Federal High Court in Abuja. Justice Inyang Ekwo gave the order on Wednesday, following a motion ex-parte filed by the Department of State Services, DSS, marked […] The post Nigerian suspected to be ISIS member detained for 60 days appeared
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
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