Following heavy rain in much of Ivory Coast, pod counters and exporters are starting to lower their production forecasts for the main cocoa crop due to high flower and cherelle mortality after the October counts, they said Friday. Four pod counters and six exporters whose teams carry out monthly technical surveys on the growth of...
Category: Business
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Amin Adam: Ghana’s growing economy drawing companies back to the market
Finance Minister Dr Mohammed Amin Adam has expressed confidence in the growing momentum of Ghana’s economy, asserting that it is now well-positioned to attract companies that previously exited due to the economic challenges during the COVID-19 pandemic. Highlighting the return of Virgin Atlantic Airlines to Ghana’s business landscape, Dr Amin Adam emphasised that this marks...
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Bawumia launches CitizenApp to enhance public services
Vice President Dr Mahamudu Bawumia has launched the CitizenApp, a groundbreaking mobile application designed to improve public service delivery and citizen engagement in Accra. The CitizenApp aims to provide a one-stop platform for accessing various government services, reporting issues, and receiving real-time updates on public matters. It is designed to be a personalised platform for...
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“NDC’s Vision for Affordable Housing Wins Over Tenants Union
The National Tenants Union of Ghana (NATUG) has given its seal of approval to the National Democratic Congress’ (NDC) housing policies, citing alignment with its own goals . After reviewing proposals from various political parties, NATUG praised the NDC’s plans to transform the Rent Control Department into an independent Rent Authority and introduce other tenant-friendly...
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‘We have lost it’ – Ace Ankomah declares on galamsey fight
Ace Anan Ankomah, Convener of Occupy Ghana, has declared that the fight against illegal mining, commonly known as galamsey, has been effectively lost. In a candid assessment, he emphasised that the government’s failure to take decisive action and heed multiple warnings regarding the rampant illegal mining activities has contributed significantly to this dire situation. Speaking...
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Voters’ Top Concerns Revealed: Economy, Jobs, and Education Take Center Stage in 2024 Elections”
Economy, jobs and education remain the top issues for voters according to the poll as 70% of the issues cited as important was the economy, followed by jobs, 62% and Education, 48%, the final field poll conducted by Global InfoAnalytics, nearly two months before December 2024 has said. The survey also states that the...
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2024 Elections: Mahama leads Bawumia with 51.1% – Global InfoAnalytics
The final field poll conducted by Global InfoAnalytics, nearly two months before December 2024 says the presidential candidate of the National Democratic Congress (NDC) John Dramani Mahama (JDM) maintains his lead in the poll with 51.1% of the votes. The vice president and the flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia (DMB)...
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Banks’ credit to private sector continued to grow – Addison
Private sector credit continued to grow during the review period to 21.7 percent in August 2024, from 10.7 percent in August 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. In real terms, private sector credit recorded a growth of 1.1 percent, relative to a 21.0 percent contraction in 2023, he...
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Ghana’s Mining License Issuance Soars
A staggering 2,800% surge in mining licenses has been recorded in Ghana over the past 8 years (2016-2024), according to the Ghana Mining Repository. The data reveals: – 1,696 mining licenses issued between 2016 and 2024 – A significant increase from the 57 licenses issued between 1995 and 2015 This dramatic rise raises questions about...
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Debt stock hits GH₵ 761.2bn as of July 2024; every Ghanaian owing GH₵22,076
Ghana’s debt stock has reached GH₵ 761.2 billion representing 75.7 percent of the country’s gross domestic product (GDP) as of July 2024. Compared to the same period last year, the debt stock was at GH₵587.7 billion representing 70.3 percent of GDP. This was contained in the latest Summary of Economic and Financial Data of the...