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
Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), has been re-elected as President of African Refiners and Distributors Association (ARDA) for a second term in office. The re-election was unanimously confirmed by the Annual General Meeting(AGM) of the association, following the re-nomination by the Executive Secretary and unanimous approval by the Executive […] The post African
Dr. Mustapha Abdul-Hamid Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has been re-elected as President of African Refiners and Distributors Association (ARDA) for a Read More... The post NPA Boss
Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), has been re-elected as President of the African Refiners and Distributors Association (ARDA) for a second term. The re-election was unanimously confirmed by the Annual General Meeting (AGM) of the association, following the renomination by the Executive Secretary and unanimous approval by the Executive […] The post NPA
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
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:
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
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
Former Energy Minister Emmanuel Armah Kofi Buah is calling for a thorough audit of the GH¢10 billion generated from the Energy Sector Levy (ESLA). The Deputy Minority Leader in Parliament alleges mismanagement of the funds by the Finance Ministry. He argues that this mismanagement has led to crippling debt within the energy sector, exacerbating recent […] The post Minority
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 Read More... The post Dr. Armah Promotes Local Languages appeared first on
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 […] The post We’re
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
The Metropolitan Chief Executive for Tema and New Patriotic Party parliamentary candidate for Tema East, Yohane Nii Aramh Ashitey, has expressed concerns about the declining original value of the Tema metropolis due to overpopulation. Ashitey pointed out that the Tema metropolis, once renowned for its industrialization envisioned by former President Osagyefo Dr. Kwame Nkrumah, has […] The post Tema
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