By Harold Kwabena FEARON
Imagine walking into a store, casually picking up what you need, and simply walking out without ever reaching for your wallet or smartphone. No lines, no fumbling for cash or cards—just a smooth, effortless transaction that feels completely natural.
In today’s commercial space, this scenario is not...
The country is again faced with a heightened risk of cocoa smuggling following Ivory Coast’s recent decision to raise its farm-gate price for cocoa, surpassing our rate.
While the move by the world's largest cocoa producer aims to discourage illicit export of beans, it poses significant challenges for Ghana's cocoa...
By Alain GBEASOR
As the African Continental Free Trade Area (AfCFTA) ushers in a new era of economic integration, the role of information and communication technology (ICT) solutions in fostering sustainable development has never been more crucial.
Africa, a continent brimming with immense potential, is poised to harness the transformative...
By Juliet ETEFE ([email protected])
The economy recorded a trade surplus of GHȼ5.4billion in the second quarter (Q2) 2024, marking the third consecutive excess since the last quarter of 2023, the Ghana Statistical Services (GSS) has said.
The country, however, experienced a 53.04 percent decline in the surplus for Q2, compared...
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...