The world’s largest business association – the International Chamber of Commerce (ICC) – has issued a call for advertisers and marketers to step up as champions of robust ethical standards in the face of multiple industry disruptions and potential challenges to industry self-regulation.
The call comes as ICC today releases...
Commonwealth Secretary-General, Patricia Scotland KC, and President of GUBA Enterprise, Lady Dentaa Amoateng MBE, have attended and participated in the 25th anniversary observation of Ghana’s landmark Meridian Twinning event between Tema and the Royal Borough of Greenwich in the UK.
The event, which was celebrated on Saturday, September 14, 2024...
The UK-Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between the UK and Ghana, has donated GH¢100,000 to support the support the initiatives of the Otumfuo Osei Tutu II Foundation.
The Board Chairman of the Otumfuo Osei Tutu II Foundation, Nana Professor Oheneba Boachie Adjei-Woahene, informed...
The Cocoa Marketing Company (CMC), Ghana Shippers' Authority (GSA), and 17 shipping lines involved in Ghana’s cocoa trade have successfully concluded negotiations, agreeing to an average 5% increase in the basic freight rate for the 2024/2025 cocoa season.
However, the Bunker (Fuel) Adjustment Factor (BAF) remains the same as last...
By Anita NKRUMAH& Bridget OPOKU
Intra-African trade (especially in manufactured products) has been touted as a major driver of economic development in Africa as it promotes the scaling of African industries. Though this concept of intra-African trade is not new to African economies, it was significantly impaired by colonialization and...
Increase in producer cocoa price heartwarming for farmers
Ghana Cocoa Board (COCOBOD) announced a significant increase in cocoa price for the 2024-2025 season, pegging it at GH¢48,000 per tonne.
This translates to GH¢3,000 per 64-kilogramme bag of cocoa, marking an unprecedented 129.36 percent increase from the previous season.
Minister for Food and...
The Jospong Group of Companies (JGC) - through its subsidiary Zoomlion Nigeria Limited - has entered into a landmark export agreement with FIMA Industries GmbH, a renowned Austrian firm specialising in green technologies and sustainable solutions.
This significant agreement marks a major milestone in Jospong Group's efforts to expand its...
By Bernard Yaw ASHIADEY & Ebenezer Chike Adjei NJOKU
As African trade continues to lag behind global averages, financial institutions – compliance and trade facilitating functions are turning to cutting-edge digital solutions to navigate the complex landscape of regulatory compliance without hampering economic growth and breaching the regulatory sanctions.
This...
Ghana is set to host a landmark event that will shape the future of African industrialization and economic development. The Minister for Trade, Kobina Tahir Hammond, will headline the official launch of the Ambidexterity for Africa (A4A) Policy Framework today, September 10, 2024, at the Labadi Beach Hotel, Accra.
The...
By Ernest Bako WUBONTO
Chief Executive Officer-Ghana Investment Promotion Centre (GIPC), Yofi Grant, has urged African nations to monetise their natural resources to generate the revenue required for creating transgenerational transformative wealth.
With Africa recorded as being home to some 30 percent of the world's mineral reserves, 40 percent of the...