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Business
African Continental Free Trade Area to change fortunes of Africa
All is set for trading in goods under the African Continental Free Trade Area (AfCFTA) agreement to begin this year.
On September 26, the historic trading in goods under AfCFTA will…
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GNPC: Direct cost up by 78.57% in 2020
Ghana National Petroleum Corporation’s (GNPC) direct costs recorded a significant increase of 78.57% in 2020.
Direct cost rose to GH¢4.2bn
Direct cost rose from GH¢2.4 billion…
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ADB invests GH¢100m in PFJ, GH¢300m in NAFCO
The Managing Director (MD) of the Agricultural Development Bank (ADB), Dr John Kofi Mensah, says the bank remains committed in ensuring that the agriculture sector continues to play its…
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GWCL posts GH¢938.83m net loss in 2020
The Ghana Water Company Limited (GWCL) posted a net loss of GH¢938.83 million for 2020.
This represents a 64.17% improvement on net loss of GH¢2.6 billion (GH¢2,620.35 million)…
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8 EU MPs back Ghana, Côte D’ivoire proposal on cocoa price
Eight members of the European Parliament (EU) have called on the European Commission (EC) to open negotiations with Côte d’Ivoire and Ghana on a proposal by the two largest cocoa…
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Premix fuel subsidies cost govt GH₵1.2bn in 8 years
Government has spent a whopping GH₵1.2 billion (GH₵1,204,511,952) as subsidy on premix fuel to cushion fishermen across the country.
2014-2021
The amount was spent between 2014…
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Food prices record significant increases in 4th quarter of 2021
Most markets monitored across Ghana have recorded significant increases in food prices in the fourth quarter of 2021 compared to the same period in 2020.
28.1% hike in food prices…
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11 major crops production projected to increase by 4.1m tonnes
The Ministry of Food and Agriculture (MoFA) estimates that the production of 11 major food crops will go up by additional 4.1 million (4,113,436) metric tonnes in the 2021/2022 crop…
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GPHA records 39.41% decline in profit in 2020
The Ghana Ports and Harbours Authority (GPHA) recorded 39.41% drop in net profit for 2020.
The net profit declined from GH¢185.95 million in 2019 to GH¢112.67 million in 2020.…
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90% Of Chirano Mine Sold To Asante Gold Corporation For $225m
Kinross Gold Corporation has announced that it had entered into a sale agreement with Asante Gold Corporation to sell its 90% interest in the Chirano mine in Ghana.
The 90% interest…
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