BUSINESS

Calls on government to support coffee production intensified as Coffee Federation highlights advantages

Coffee producers in the country are calling on the government to offer more support to the sector as it has the potency of transforming the local economy since it will generate substantial income to supplement the already existing revenue streams of the country. The producers have complained that the government has neglected them even though the President, Nana Addo Dankwa Akufo-Addo has ...

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FDA issues alert on contaminated pet foods

The Food and Drugs Authority (FDA) has informed the general public about the recall of various brands of Pet Foods manufactured by Midwestern Pet Foods, Indiana in the United States of America. The FDA in a statement noted that the products were recalled because they contain high aflatoxin contamination which caused the death of 70 dogs and illnesses in some 80 other ...

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Containers cannot be stolen at Port – Customs

The Customs Division of the Ghana Revenue Authority on Thursday said Cargo Containers cannot be stolen from the country’s seaports. The division said “It is virtually impossible for containers to be stolen at the Port under any circumstances. Mr George Tettey, Chief Revenue Officer in charge of State Warehouse at Customs of the GRA indicated and denied claims of container ...

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Agric Ministry bogus – Tomatoes farmers

Executive Member of the National Tomato Traders and Transport Association Agyenim Boateng has slammed the government for not developing the tomato sector. According to him, Ghana loses 100 million dollars because of high import of the commodity into the country. Figures from the Chamber of the Agribusiness Ghana indicate the global tomato industry is projected to be worth 11 billion ...

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Akufo-Addo and Bawumia hold Ghana’s worst economic record in 40 years – Ofosu Kwakye

Former Deputy Information Minister under the John Dramani Mahama administration Felix Ofosu Kwakye has said that the Nana Addo Dankwa Akufo-Addo and Dr. Mahamudu Bawumia administration has delivered the worst economic performance in the last forty years. Moody’s has said that Ghana’s debt levels under the current administration are worrying. They’ve predicted that that country’s economy could come under pressure from the rising ...

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Roberta Annan to speak at UNCTAD Trade Policy Dialogue

The United Nations Environment Programme (UNEP) Goodwill Ambassador for the Creative Economy, Roberta Annan will be speaking at the UNCTAD Trade Police Dialogue under the auspices of the United Nations Conference on Trade and Development (UNCTAD). The event is scheduled to take place on Monday, 25th January 2021 on the theme: ‘‘Welcoming the International Year on Creative Economy for Sustainable ...

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Airports Company probe alledged theft case at Kotoka Airport

The Ghana Airports Company Limited (GACL) has commenced investigations into the alleged theft of GH¢1,500 from the luggage of a passenger. The passenger who goes by the Facebook name Kwahu Mayor Koopong alleged in a Facebook post that an amount of GH¢1500 was taken out of his checked-in bag at Kotoka Airport. He, however, did not provide the date of ...

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Government targets GH¢22.35 billion of domestic debt securities in Q1

The government will borrow a total of GH¢22.35bn from the domestic debt market in the first quarter of 2021, according to the public debt issuance calendar issued by the Finance Ministry on Friday.About GH¢19.73bn of the amount is earmarked to roll over maturities, whereas the remaining GH¢2.61bn is fresh issuance to meet the government’s financing requirements.Domestic portfolio investors will be ...

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