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
In the past three weeks, fear and panic have gripped parts of Ghana. A legend of vanishing male genitals has been circulating, with a number of arrests made by the police of suspects. The dreaded spots so far are Kasoa, Awutu Senya, and parts of Eastern region. In all cases, though, no missing genitals have […] The post A Season Of Vanishing Genitals appeared first on The
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 Mines and Energy Committee of Parliament has tasked the Electricity Company of Ghana (ECG) to fast-track processes to ensure that consumers receive a load-shedding timetable in the coming days. At a crunch meeting with stakeholders in the energy sectors in Accra, the Chairman of the Committee, Samuel Atta Akyea, told the media that the […] The post Energy Committee tasks ECG to
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 Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, has disclosed that President Akufo-Addo has directed the Volta River Authority to reduce the export of electricity to neighbouring countries in response to the ongoing intermittent power outages, commonly known as ‘dumsor’. “The President is on top of the issues and I am even […] The post Dumsor:
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
The Independent Power Generators Ghana (IPGG) has commended President Akufo-Addo regarding his directive to the Volta River Authority to halt the exportation of electricity to neighbouring nations such as Togo and Burkina Faso. The group acknowledged that while this suspension may not completely resolve the current energy crisis, it will certainly provide some relief and […] The post Dumsor:
Renowned Ghanaian actor Chris Attoh has advised aspiring actors to focus on honing their craft instead of pursuing quick fame and fortune. The post Focus on your craft, not fame – Chris Attoh to up-and-coming actors first appeared on 3News.
The Member of Parliament for Abuakwa South, Samuel Atta Kyea, has argued that the letter from the Presidency to Parliament on the anti-gay bill does not constitute a violation of the Constitution. The Speaker of Parliament, Alban Bagbin, suspended the approval of ministers and deputy ministers of state nominated by President Akufo-Addo on Wednesday. This […] The post Suspending
Samuel Atta Akyea, the Member of Parliament (MP) for Abuakwa South, has criticized Speaker of Parliament Alban Bagbin’s decision to suspend the approval of President Nana Addo Dankwa Akufo-Addo’s newly nominated ministers. Atta Akyea suggested that if he were in Bagbin’s position, he would have issued an apology for the error. At the heart of […] The post ‘I’ll
Fidelity Bank, Ghana’s largest privately-owned bank has held its inaugural Stakeholder Workshop, as well as the Orange Summit, to address critical needs in sustainability and young entrepreneur development. These events are in line with the bank’s commitment to a brighter future for Ghana, through impactful initiatives on two key fronts – fostering sustainable development and […] The post Fidelity
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