Dr. Manfred B. Ewool, a Senior Research Scientist and Maize Breeder at the Council for Scientific Industrial Research (CSIR) Crops Research Institute (CRI), notes that since maize is a staple food in Ghana, enhancing it with Vitamin A is a long- term approach to minimise Vitamin 'A' Deficiency (VAD)...
While President Akufo-Addo and the Receiver of collapsed financial institutions, Eric Nana Nipa, have publicly claimed that they have almost completed paying depositors’ locked funds, Ezekiel Annor-Head of the Association of Affected Customers of Savings and Loans institutions, is disputing the claims. According to Mr. Annor, many of the affected...
We were recently told by the Energy Minister, John Peter Amewu, that the 3% levy charged all consumers of electricity for street lighting generated GH¢273.9million for the years 2018 and 2019. And out of that amount, the minister stated, GH¢134,266,116 was collected in 2018 and GH¢139,610,716 the following year. Per the...
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 Employers’ Association (GEA) is urging government to work with business associations to identify indigenous businesses and support them to locally produce intermediate goods and raw materials to fill the supply chain disruptions created by the pandemic now and into the future. According to the Association, this will reinforce...
A member of the COVID-19 National Response Team, Dr. Da Costa Aboagye, has expressed the conviction that the country is making significant progress against the COVID-19 battle. According to Dr. Aboagye, the rate of active cases keep declining. Speaking in an interview recently, he observed that the country’s active case count...
Finance Minister Ken Ofori-Atta was successful in convincing the legislature to suspend fiscal responsibility rules contained in the Fiscal Responsibility Act, 2018 (Ac t 982). The scale of damage and macroeconomic distortions caused by the pandemic is unprecedented in the country’s history, and makes it possible to invoke the escape...
Things are tough. Everything is in limbo. COVID-19 has seen to that. There is not an industry that is not negatively affected by the pandemic. And its worldwide. The oil and gas industry is no exception. Companies in Ghana's oil and gas sector are in a state of flux. The disruption to...
B&FT yesterday held its fifth in the series of ‘Ghana’s Most Respected CEOs Breakfast Series’ with the theme ‘Bringing the Economy Back to Life: The Role of Banking and Finance’, where the Country Director for Deloitte Ghana, David Kwadwo Owusu, who was a panel speaker noted that with the...
The issue of Cocoa Produce Buying Companies (PBCs) adjusting their scales to cheat cocoa farmers of their due is not only sad but unconscionable. A private broadcasting station’s latest investigative documentary ‘Missing Kilos’ exposed the stealing of cocoa beans by clerks in licenced cocoa buying companies of the country. The...