The recent statements by WaterAid, FAGE and VEPEAG, among others, serve as a stark reminder of the devastating consequences from illegal mining, 'galamsey', in Ghana. This uncontrolled practice has wrought havoc on our environment, sour food and water security and undermined our economic progress. The scale of destruction caused by galamsey...
The recent statements by WaterAid, FAGE and VEPEAG, among others, serve as a stark reminder of the devastating consequences from illegal mining, 'galamsey', in Ghana. This uncontrolled practice has wrought havoc on our environment, sour food and water security and undermined our economic progress. The scale of destruction caused by galamsey...
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 Agriculture Bryan Acheampong made the important announcement...
Deputy Minister of Food and Agriculture, Mohammed Hardi Tuferiru, has launched ‘National Livestock Day’, a celebration promoting the country’s livestock industry and its significant contributions to food security and economic growth. Organised by Ghana National Association of Cattle Farmers (GNACAF) in collaboration with the Ministry of Food and Agriculture and...
Although Ghana’s housing deficit witnessed a 33 percent reduction from 2.8 million in 2010 to 1.8 million in 2022, partly attributable to the real estate boom and a 72 percent increase in residential structures within the period, a lack of affordable housing solutions still plagues the nation. The Centre for...
It is observed that investors are adopting a cautious approach as we approach the presidential and parliamentary elections in December, 2024, reflecting concerns about potential market volatility. Priority is being given to short-term investments, particularly in light of potential risks associated with the market environment. Indeed, IC Securities emphasised the...
Ghana’s domestic salt industry is projected to generate over US$1billion in annual revenue by 2028, according to a policy brief by IMANI titled ‘Prospects of Ghana’s Salt Industry: A Pathway to Adding an extra US$1billion in Foreign Exchange Earnings’. Growth largely hinges on the Songor Salt project spearheaded by the...
Significant improvements in investment performance and operational efficiency has enabled the Social Security and National Insurance Trust (SSNIT) to project a strong financial position for 2024. SSNIT’s Director-General, Kofi Osafo-Maafo, during an address to stakeholders said the scheme has turned around its financial situation in recent years. Although in 2021 the...
Recent volatility in the global cashew market may cause many kernel buyers to stand back, the African Cashew Alliance (ACA) has cautioned. Indeed, ACA believes the situation may well dim production targets of local producers, even in Ghana. The Ghanaian cashew industry is widely considered by many cashew industry experts as...
Amid growing concerns about the extent of illegal mining activities around the country and how it is negatively affecting our water-bodies, Minister of Lands and Natural Resources, Samuel Abu Jinapor, has reaffirmed government’s commitment to intensifying efforts against illegal mining. The minister affirmed that government will soon deploy law enforcement...