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Ghana raises cocoa farmers’ pay by 21%

Ghana has raised its farm gate price for cocoa by 21% after implementing a $400 per metric ton premium on futures prices for the 2020-21 harvest, according to two people familiar with the matter. Growers of cocoa beans in the world’s second-largest producer of the crop will receive 625 cedis …

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COVID-19: Ghana to reopen KIA September 1

President Nana Addo Dankwa Akufo-Addo has announced that Ghana’s International Airport will be reopened on Tuesday, September 1 after five months of shutdown as part of measures to slow the spread of COVID-19. In an address to the nation on Sunday, the president stated that the time is right to …

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West African Auto Hub: Ghana accepted what Nigeria rejected

West Africa, with about 380 million people, is the final frontier for global automakers looking to increase manufacturing capacity in a region where they currently have little presence. While local assemblers in Nigeria, home to nearly half of the region’s population, have partnered with companies such as Volkswagen AG to …

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Reduce transport fares now – COPEC to trotros, taxis

The Chamber of Petroleum Consumers Ghana (COPEC) has called on commercial drivers to immediately reduce transport fares due to the President’s decision to lift the restriction placed on commercial vehicles in the wake of the COVID-19 pandemic. President Akufo-Addo announced on Sunday that commercial buses and taxis are to load …

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Mid-year budget review was ‘very empty’ – Ato Forson

The Ranking Member on Parliament’s Finance Committee, Cassiel Ato Forson, is not enthused with the mid-year budget review presented by the Minister of Finance on Thursday, July 23, 2020. Ato Forson said he expected the government a better breakdown of all expenses incurred with regards to the COVID-19 pandemic. Speaking …

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