The current peak in cocoa futures has prompted President Nana Akufo-Addo to call on regulators of the cocoa sector in Ghana and neighbouring Ivory Coast to "devise new strategies" to cope with volatile global prices. Due to limited supplies, global cocoa grinders are paying up in the cash market to...
Ghana’s installed power capacity is about 4,399MW, of which 22.5WM is renewable energy against a demand of about 2,700MW. Initially, the country intended to develop and utilise renewable energy and energy-efficiency technologies to achieve a 10% penetration of national electricity production by 2020. By the end of 2017, the strategy...
The Ghana Cocoa Board (COCOBOD) is gravely concerned about the misapplication of agrochemicals since the wrongful practice poses a threat to sustainable cocoa production and productivity. Cocoa farming requires the use of agrochemicals to ward off pests and provide the soil with nutrients for the healthy production of beans. However,...
Head of the Africa Centres for Disease Control and Prevention (CDC), John Nkengasong says Africa’s coronavirus case fatality rate has risen alarmingly to 2.5% higher than the global level of 2.2%. Earlier, Africa’s rate had been below the global average and Mr. Nkengasong described the fatality rate as ‘very worrying’...
In view of the fact that the highly transmissible strain of COVID-19 which originated from India - the Delta variant - has also been detected in the country, Ghanaians have to brace themselves for a surge in COVID-19 cases. Ghana is currently in its third wave of infections, and health...
The country’s current economic woes is driving investors to seek diversification away from government securities, and Pension funds are setting their sights on investing in the real sector, this is according to the 2023 outlook survey by Axis Pension Trust. According to the survey, investors are now looking to diversify...
Director-General of the Internal Audit Agency, Dr. Eric Oduro Osae, has disclosed that government initiated processes to restructure the Internal Audit Agency and effectively prevent financial irregularities in the public sector. The move is part of measures to ensure judicious utilisation of the International Monetary Fund’s (IMF) US$3billion three-year extended...
The Ghana Chamber of Mines says exploration investment in the country has declined significantly in recent years. According to its Chief Executive Officer (CEO), Dr. Sulemanu Koney, this has serious implications given mining’s fiscal and forex revenue importance to the economy. Mr. Koney believes taxes on exploration activities should be addressed,...
AstraZeneca, the Ghana Health Service and PATH Ghana have marked the one-year anniversary of the Healthy Heart Africa programme’s launch in Ghana. Over the first year of implementation, the programme has conducted over 275,800 blood pressure screenings in communities; identified over 44,500 elevated blood pressure readings; and diagnosed over 10,200...
COVID-19 has had devastating effects on businesses of all shapes and sizes around the world. This has caused a drastic shift in conduct and behaviour at work. It is affecting organisational culture, human interactions at work among others. Various measures have been put in place to contain and curb...