Category: Business

New Sekondi-Takoradi Sludge Plant Commissioned to Tackle 90% Untreated Waste Gap

Business

Western Regional Minister Kwabena Okeyere Darko-Mensah has revealed a critical sanitation gap in the region, noting that a staggering 90% of collected fecal waste is currently discharged into the environment without treatment. Speaking at the commissioning of the new Sekondi-Takoradi Fecal Sludge Management Plant in Asaake, the Minister highlighted that the region’s existing infrastructure has […]

Ghana Loses $100 Million Annually to Port Corruption Despite Digital Reforms

Business

Vice President Dr. Mahamudu Bawumia has revealed that corruption at Ghana’s seaports results in a staggering revenue loss of approximately $8.3 million every month. This financial drain totals nearly $100 million annually, largely driven by dishonest importers and complicit officials who deliberately misdeclare container contents to evade duties. While the Port Paperless System (PPS) introduced […]

Fuel prices to increase by 7% to 13%

Business

The Institute for Energy Security (IES) has projected a significant increase in the cost of petroleum products, estimating that petrol, diesel, and Liquefied Petroleum Gas (LPG) prices will rise by 7% to 13% starting February 1, 2023. Under this forecast, consumers should expect petrol to sell for approximately ¢15 per litre, while diesel is expected […]

Ghana officially opens its market to US pork and pork products export

Business

The Ghanaian government has formally authorized the entry of pork and several other meat products from the United States into the local market. This development follows an official agreement between Ghana’s Ministry of Food and Agriculture and the U.S. Department of Agriculture (USDA), specifically accepting export certificates that cover poultry, beef, lamb, and goat in […]

NCA Grants Conditional Approval for Telecel to Acquire Majority Stake in Vodafone Ghana

Business

In a significant shift for the Ghanaian telecommunications landscape, the National Communications Authority (NCA) granted conditional approval in January 2023 for the transfer of Vodafone’s 70% majority stake in Ghana Telecommunications Company Limited to the Telecel Group. This decision followed an earlier rejection of Telecel’s bid. The NCA initially cited a failure to meet regulatory […]

Cocoa Farmers Threaten Smuggling to Ivory Coast Over Low Producer Prices

Business

Cocoa farmers in Gyampokrom, located in the Sehwi Juaboso District of the Western North Region, have threatened to smuggle their harvests into Ivory Coast as a response to intensifying economic challenges. The farmers, who operate near the border, warned that they are prepared to take this drastic action if the government does not significantly increase […]