Business News

General Secretary of the General Agriculture Workers Union (GAWU) Edward Kareweh has explained the factors causing the rising cost of food items in Ghana. He attributed it to factors including the decline in lands available for food production. He revealed that most of the farmlands have been encroached upon by …

The leadership of the Transport Operators Association of Ghana has announced a 15 percent transport fare increment. The increment starts on Monday, July 22, they said. This has become necessary due to the recent surge in petroleum and spare parts prices coupled with economic hardship. The Concern Drivers Association Public …

Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps. Shell has taken the lead, selling at litre of petrol at ₵15.10 and diesel for ₵15.25. Previously, Shell was selling a litre of petrol at ₵14.80 and diesel was going for ₵14.92. By this, petrol …

The gari market in Koforidua is grappling with a severe cassava shortage, causing prices to soar sharply. This development has sent shockwaves through the industry, leaving gari traders struggling to stay afloat. According to a market survey by the Ghana News Agency in the second quarter of 2024, the scarcity …

The Ghana Private Road Transport Union (GPRTU) has clarified that it has not taken any decisions regarding a potential increase in transport fares. This announcement is to quell recent rumours and speculation suggesting that the union would be increasing transport fares. According to the union, despite the recent surge in …

Accra is the 7th most expensive city to live in Africa, according to Numbeo, one of the world’s foremost data and research platforms. The capital city of Ghana had an index of 32 out of 100. The Numbeo index utilised variables such as the rent index, grocery index, restaurant index, …

Rice farmers in the Akyem Oda-Nkwanta in the Birim Central Municipality of the Eastern region have lamented their inability to get buyers for their rice. According to the farmers, thousands of bags of rice harvested during the last farming season in the area have remained in the warehouses and homes …

Deputy Energy Minister Andrew Egyapa Mercer has announced that the challenges leading to recent power outages in the country have been completely resolved. He assured Ghanaians that there would be no more intermittent power outages, commonly referred to as ‘Dumsor,’ from Thursday, January 11, 2024. In an interview with Bernard …

The Food and Drug Authority (FDA) has sounded a cautionary note to Ghanaians ahead of the Charismas festival, advising the public to steer clear of meat from sick animals. Speaking to the Director of Food Industrial Support Services at the FDA, Mr. Ebenezer Kofi Essel, he emphasized the potential negative …

The District Assembly’s terms and conditions have left the traders in Akyem Manso in the Asene Manso Akroso District of the Eastern region furious. They claim that they have discussed the difficulties they are having in the market with the assembly, including inadequate lighting systems, a lack of security, the …