Business
Cocoa farmers call for overhaul of COCOBOD’S forward sales strategy

Cocoa farmers call for overhaul of COCOBOD’S forward sales strategy

The President of the Sefwi Co-Operative Union, Issaka Yusif, has demanded a review Cocoa Board’s (COCOBOD) forward sales strategy for cocoa beans. Speaking on News Beat on Metro TV on Friday, July 12, 2024, Yusif

Business
SSNIT scraps plan to sell 60% stake in hotels

SSNIT scraps plan to sell 60% stake in hotels

Social Security and National Insurance Trust (SSNIT) has terminated the process to divest 60% of its stake in four hotels, the state-owned pension fund manager said on Friday. The decision comes after Organised Labour called

Business
Rock City Hotel withdraws bid to purchase 60% shares in four SSNIT Hotels

Rock City Hotel withdraws bid to purchase 60% shares in four SSNIT Hotels

The Rock City Hotel has withdrew its offer to buy the Social Security and National Insurance Trust (SSNIT)'s 60% ownership stake in around four hotels. The hotels are Royal Ridge Hotel, Elimina Beach Hotel, Labadi

Business
Organised Labour threatens nationwide strike over SSNIT Hotel shares sale

Organised Labour threatens nationwide strike over SSNIT Hotel shares sale

Organised Labour has threatened to embark on a nationwide strike from Monday, July 15, if the Social Security and National Insurance Trust (SSNIT) fails to terminate the process of selling 60% of its shares in

Business
NPRA okays SSNIT’s negotiations with Rock City – Labour Minister

NPRA okays SSNIT’s negotiations with Rock City – Labour Minister

The National Pensions Regulatory Authority (NPRA) has given the Social Security and National Insurance Trust (SSNIT) the go-ahead to continue negotiations with Rock City Limited for the sale of 60 percent shares in four hotels.

Business
NPP performance record better than that of the NDC in every sector –Dr Palgrave Boakye-Danquah

NPP performance record better than that of the NDC in every sector –Dr Palgrave Boakye-Danquah

Government spokesperson on governance and security, Dr Palgrave Boakye-Danquah, has said his party does better on policies and programmes, including the economy, health, education, governance, infrastructure and corruption than the opposition National Democratic Congress (NDC).

Business
Inflation drops from 23.1% to 22.8% in June 2024

Inflation drops from 23.1% to 22.8% in June 2024

The country's inflation rate for the month of June significantly decreased, coming in at 22.8% according to the most recent data from the Ghana Statistical Service (GSS). The country's June inflation rate dropped significantly to

Business
Dumsor has been ongoing since January – Jinapor contradicts Akufo-Addo

Dumsor has been ongoing since January – Jinapor contradicts Akufo-Addo

The Ranking Member on the Mines and Energy Committee of Parliament, John Abdulai Jinapor, has disputed President Akufo-Addo's claim that there is no power shedding (Dumsor) in Ghana. According to Jinapor, Ghana has been experiencing

Business
Locked-up Investment Holders Forum to continue picketing at Ministry of Finance

Locked-up Investment Holders Forum to continue picketing at Ministry of Finance

The Locked-up Investment Holders Forum, a group seeking the release of locked-up funds in financial institutions licensed by the Bank of Ghana, will continue its picketing at the Ministry of Finance on Wednesday, July 10,

Business
CRM Creating More Jobs – NPA Boss

CRM Creating More Jobs – NPA Boss

The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid,has said the cylinder recirculation model (CRM) is allowing entrepreneurs with limited capital to invest in the liquefied petroleum gas (LPG) distribution chain. He