Tag Archives: Business

old exports hit an all-time high at 3.84 million ounces last year although a moderation in prices ensured that earnings from the precious metal still dwarfed the historic US$5.6 billion recorded in 2012. After averaging US$1,163.2 per ounce in 2015, gold prices improved to US$1,279.96 per ounce last year, partly …

The governing New Patriotic Party (NPP), has replaced the free fertilizer programme by the erstwhile Mahama administration with a subsidized programme, the administration has announced. According to the Ghana Cocoa Board (COCOBOD), there is over 53 percent reduction in the prices of the product to cocoa farmers in regions where …

Ready Oil on Tuesday 16th May 2017 commissioned their 10th Fuel station in Suhum. According to the CEO Mr Kwaku Owusu Manu this one is the most beautiful and well built among all their fuel stations. He then plead with NPA to provide the with Marking Gadget for them to …

The TEN oilfield is expected to deliver its first gas to the Ghana Gas Company by the middle of 2017. This is the indication from Managing Director of Tullow Ghana, Charles Darku. It follows the completion of a tie in facility on the FPSO John Evans Atta Mills by the …

The Vice President Dr. Mahamudu Bawumia has stressed that the government will undertake massive reforms at the country’s ports to improve the processes of doing business in Ghana. According to him, government cannot look on while exporters and importers face long hours of clearing their goods due to duplication of …

Ghana Cocoa Board (COCOBOD) has announced to subsidise the price of purchase of fertilisers for the cocoa farmers across the country which began in May 2017. A statement signed and issued by Chief Executive Officer (CEO) of COCOBOD, Mr. Joseph Boahen Aidoo, and copied to Today, yesterday noted that the offering of fertiliser to …

Ghana Cocoa Board (COCOBOD) has said that beginning May 2017, cocoa fertilisers will be offered to farmers at a subsidy. Under a new policy directive by the management of COCOBOD to enhance farmers’ access to cocoa fertilisers to improve yield of cocoa farms and their incomes, a bag of the …

All Oil Marketing Companies (OMCs) are expected to reduce their prices further in May after Shell, Total and Goil started reducing theirs over the weekend, the Institute for Energy Security (IES) has said.A statement issued by Richmond Rockson, Principal Research Analyst, Petroleum Unit – IES, said: “With crude oil price …

Transmission losses by the Electricity Company of Ghana (ECG) need to be curtailed in order to make the power distribution company efficient and profitable, Energy Minister Boakye Agyarko has said. He has, therefore, charged ECG and all relevant stakeholders to institute the right measures to reverse the trend. Mr Agyarko, …

Vice President Dr Mahamudu Bawumia has bemoaned the inefficiencies at the country’s ports and the tedious processes business owners go through to clear their goods.Speaking at the National Policy Summit in Accra on Monday 15 May, he said government will host a port efficiency conference on Wednesday 17 May to …