Author: Ellen Dapaah
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Usage of digital scales for weighing cocoa to take effect on October 8
Effective Friday, October 8, 2021, all Licensed Buying Companies (LBCs) in Ghana will be obliged to use digital weighing scales to measure the weight of cocoa being purchased by farmers. The introduction of this electronic means of weighing cocoa beans is to curb the practice where LBCs and Purchasing Clerks adjust their scales to cheat…
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Producer price of cocoa for 2021/2022 crop season maintained at GHS660 per bag
The Producer Price Review Committee on cocoa has maintained the Producer Price of the commodity for 2021/2022 season at GHS10,560 per tonne . Effective Friday, October 8, 2021, the maintained producer price indicates that a bag of cocoa remains GHS660 per 64 kilogram gross weight. According to the Minister for Food and Agriculture, Dr. Owusu…
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Government partners Swiss company, Halba to add value to raw cocoa beans
The government of Ghana is hoping to collaborate with the Swiss government in adding value to cocoa. The partnership with the Swiss government will minimize the export of raw cocoa beans and cocoa products and improve the livelihoods of cocoa farmers. This comes on the back of the Cocoa Sustainability Initiative by one of Switzerland’s…
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Transport Minister inaugurates GPHA and ISTC governing boards
The Minister for Transport, Kwaku Ofori Asiamah, has tasked the newly inaugurated Boards of the Ghana Ports and Harbours Authority and Intercity STC Coaches Limited to always ensure harmonious relationships with the Chief Executive Officers and other executives of the companies. Lamenting past instances where executives of companies fail to work hand in hand with…
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Finance Ministry, UNOPS begin project to gain investments to finance SDGs
World leaders have made ambitious commitments to achieve the United Nation’s Sustainable Development Goals (SDGs). However, securing enough resources remains a major challenge; with developing countries facing a gap estimated between 2.5 to 3 trillion dollars per year. To help bridge this financing gap and speed up Ghana’s efforts to achieve the SDGs by 2030,…
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BOST to take delivery of pipelines from USA in November
Ghana, through the Bulk Oil Storage and Transportation Company Limited (BOST), will take delivery of some pipelines from the United States of America to increase the Tema-Akosombo pipeline capacity. According to management of the company, the pipelines will arrive by November this year. The Managing Director of BOST, Edwin Provencal, during an interaction with the…
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![Guatemalan alcoholic beverage Ashanti Spiced Rum launched in Ghana [Video]](https://citibusinessnews.com/wp-content/uploads/2021/10/ashanti-rum.png)
Guatemalan alcoholic beverage Ashanti Spiced Rum launched in Ghana [Video]
Ghana’s commercial beverage industry has become increasingly competitive in recent years and several small producers have entered the market, with growth driven by urbanisation, increased brand awareness and a growing middle class. In the past, only the very elite drank wine and the likes, but the shift to branded products is steadily gaining momentum. One…
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Stakeholders advocate for high performance buildings at Ghana Green Building Summit 2021
Yecham Property Consult, in conjunction with the Embassy of Denmark and supported by IFC–EDGE Program, hosted the 4th Ghana Green Building Summit 2021 from 23rd to 24th September, 2021 at the CalBank Head Office in Accra. This year’s Summit, a hybrid version, symbolically captured our adaptation to the new normal with a combination of virtual…
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GREDA blames housing deficit on lack of social housing arrangement by government
The Ghana Real Estate Developers Association (GREDA) says governments have done little to address the growing housing deficit in Ghana. It contends that adequate steps have not been taken by the appropriate authorities to resolve challenges associated with accommodation in the country. Ghana’s housing deficit remains the same, as against the increasing population of the…
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Ghana’s population rises from 24.7 million to 30.8 million
Provisional results from the 2021 Population and Housing Census have revealed that Ghana currently has a population of 30.8 million. Government Statistician, Prof. Samuel Kobina Annim, while presenting the provisional results on Wednesday, noted that between 2010 and 2021, 6.1 million persons have been born, increasing the population from 24.7 million to the current 30.8…