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Author Archives: Pius Amihere Blay

COCOBOD to cut down over 100 million cocoa trees

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The Ghana COCOBOD is looking forward to cut down about one hundred million cocoa trees by the 2017/2018 crop season. The trees, mostly diseased ones, are among the 40 percent of total unproductive cocoa trees. According to the CEO of the COCOBOD, Joseph Boahen Aidoo, the destruction of the crops has become necessary to improve the crop yield of cocoa ...

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Govt to triple allocation to innovation – President

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President Akufo Addo has announced the establishment of a technology commercialization unit to harmonise the collaboration between industry and academia to promote science and innovation in Ghana. In addition, he has disclosed of efforts to triple the allocation to research within the medium to long term to drive growth of innovation in Ghana. The President made the remarks at this ...

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Tourism industry demands thorough consultations on taxes

Catherine Afeku

The Ghana Tourism Federation (GHATOF) is demanding further consultations in determining taxes and levies for the tourism industry. The industry has expressed grave concern over the multiplicity of taxes which have increased the cost of operation for hoteliers and rendered some unprofitable. Some have also cautioned of job layoffs to be able to stay relevant in business. Institutions such as ...

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COCOBOD moves to address land tenure challenges

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The Ghana COCOBOD has commenced stakeholders’ consultations on improving Ghana’s land tenure system to favour the cultivation of cocoa. Ghana’s cumbersome procedure of registering customary land rights has sidelined most smallholder cocoa farmers. This has also been cited as contributing to the lower yields recorded for the past couple of years. COCOBOD is however targeting at least 1 million metric ...

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I’ll not block access to information – President

President Akufo-Addo

President Akufo Addo has stated that his administration will run a very transparent government, where access to information will not be cumbersome. According to him, his government will make data from specific sectors available to the public. Even though government has expressed commitment to pass the right to information bill, it is yet to come to fruition. But addressing the ...

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2017 Ghana Club 100 awards to focus on industrialization

Mr. Yofi Grant - GIPC CEO

The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Yofi Grant has stated that the performance of manufacturing companies in the Ghana Club 100 rankings show the need to direct investment to the area. Critics of the award in the past have bemoaned the increasing good performance of the services sector while industry and the agriculture sector perform ...

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Govt creates mining districts to regulate small scale mining

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Small scale miners whose operations were suspended following the rise in illegal mining activities may have to wait a little longer before resuming work. It follows plans by the government to intensify some oversight roles by the Minerals Commission. Speaking to Citi Business News on the possible time for the resumption of work by the small scale miners, the Minister of Environment, ...

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Economists highly confident of single digit inflation in 2018

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Some economists are positive Ghana will attain single digit inflation by next year. According to them, key indicators such as declining inflation and other fiscal conditions as well as the stable currency regime, could help attain single digit inflation in the future. The Bank of Ghana is optimistic of achieving a single digit inflation of 8 percent plus or minus 2. ...

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Stopping galamsey: Gov’t to ban mercury imports by end of year

Professor Frimpong-Boateng, Minister of Environment, Science, Technology and Innovation

Government has disclosed it will ban the importation of mercury to augment efforts to curb the impact of illegal mining activities in the country. The move is expected to take effect by the end of 2017. The Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng who announced this said the ban will restrict mercury use which has led ...

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IMF deal will not be extended – Nana Addo

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President Akufo Addo has stated emphatically that the government will not extend the deal with the international Monetary Fund (IMF). He says the government will end the program within the scheduled date of April 2018. Responding to a question on the impact of the program on the government’s proposed projects, the President stressed that the NPP government will not go ...

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