Ghana Rubber Estates Limited (GREL) has paid GH¢1.35 million to 790 rubber Outgrower farmers of the company.
According to GREL, the payment, known as ‘Fidelity Bonus’ was to reward rubber Outgrower farmers who demonstrated loyalty to the company by delivering rubber cup lumps to its weigh bridges and processing factories...
The Dean of International Programmes at Accra Technical University, Dr. Ernest Winful, has called on the Ministry of Education to rethink agricultural science curricula in the country.
Speaking during a panel discussion organised by Social Enterprise Ghana to discuss the ‘state of agribusiness social enterprises in Ghana’, Dr. Winful expressed...
The Ministry of Finance invited, on December 5, 2022, holders of 60 old domestic debts to voluntarily exchange GH¢137.3 (US$14.3) billion domestic bonds and notes including E.S.L.A and Daakye Bonds, for a package of twelve new eligible domestic bonds. Under the debt swap or exchange announced on December 5,...
Although Africa accounts for over fifty percent (53%) of global cashew production, the continent accounts for only 10 percent of global processing. Through local processing, there is value addition potential of US$2.8 billion and potential employment of 275,000 people in processing plants.
It is for this reason that the involvement...
The Minister of Fisheries and Aquaculture Development (MoFAD), Mavis Hawa Koomson, is getting tough with trawlers operating in Ghanaian waters, denying license renewal to about 77 percent of the total 76 trawlers that fish in our territorial waters.
It is recalled that in July last year, the ministry issued a...
…Absa-Mastercard Foundation Fintech-Agritech Support Programme showing the way
One by one, the young entrepreneurs walked in, eager to make an impression in front of the panel put together by Absa and Mastercard Foundation. These entrepreneurs, mostly from the Fintech and Agritech sectors in Ghana, had been allocated presentation slots...
…as it joins the world to mark International Day of Forests
The Africa Regional Director of Proforest, Abraham Baffoe, has emphasised that the country's quest to protect its forests depends hugely on it employing a proper land-use plan. The development and practical implementation of a land use plan, he said,...
What should we expect from the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) at a time when the Treasury is aggressively attempting to reduce its cost of borrowing by taking advantage of the high demand environment for short-term maturities?
The Treasury’s action is taking place while the...
Investors seeking to preserve the value of their funds amid weaker confidence, eroded reserves and elevated cedi vulnerabilities should consider taking positions in commodity-backed exchange-traded funds (ETFs) as a hedging strategy, research arm of GCB Capital, has said in its quarterly strategy outlook for 2023.
The report recommends that investors...
The Bank of Ghana (BoG) has said it is committed to preserving the safety and integrity of the payment and financial ecosystem in the face of the ongoing economic crisis.
Head of Fintech and Innovation at the central bank, Kwame Oppong, said the BoG has put in place a number...