Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana sees first oil output increase in five years

Ghana's crude oil output increased by 10.7% year-on-year in the first six months of 2024, reversing an annual production decline that began five years prior, the country's public interest and accountability committee (PIAC) reported.

Cocoa, oil palm sectors on tenterhooks

Ghana’s tree crop sector, key among them the cocoa and oil palm industries, is anxious over an impending vote by the European Union (EU) parliament to postpone or validate its proposed implementation date for the crucial EU Deforestation Regulation (EUDR).

Ghana expects 2024/25 cocoa production resurgence

Ghana's cocoa production is expected to rebound in the 2024/25 crop season, buoyed by favourable weather conditions, according to local farmers, officials from regulatory body Cocobod, and buyers.

Inflation for October 2024 rises to 21.5%

Ghana's consumer inflation rose for the second month in a row in October, to 22.1% year on year from 21.5% in September, the statistics service said on Wednesday.

Cocoa farmers hoard beans in anticipation of price hike

Cocoa farmers in the world's No.2 producer Ghana are hoarding beans in anticipation of higher prices, industry sources told Reuters, potentially squeezing supplies to a global cocoa market looking to recover from last season's disastrous harvests.

Ghana's Business Sustainability Report for Q3 released

SUSTINERI ATTORNEYS PRUC, a client-centric boutique law firm specializing in Corporate, Transactions, Tax, and Disputes has released its 3rd Quarter Edition of the authoritative “Ghana Business Sustainability Report”.