Despite producing about 20 per cent of the world’s total cocoa beans, Ghana gets only $2 billion in terms of revenue from the $100 billion cocoa industry, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo, has disclosed.
The Group Chairman of Fidelity Bank Group, Mr Edward Effah, and the immediate past Managing Director (MD) of Fidelity Bank, Mr Jim Baiden, have been honoured with Lifetime Business Builder Achiever awards at the Fourth Business Chief Executive Officers (CEOs) Summit in Accra.
The Ghana Cocoa Board (COCOBOD) plans to reduce its reliance on short-term debts, particularly the annual cocoa loan, in favour of long-term bonds to help provide breathing space for the board and reduce the repayment pressures posed by the syndicated loans.
The Ghana Statistical Service (GSS) estimates that it could cost the country around GH¢500 million to conduct a National Census in 2020 to determine the number of persons living in the country and the kind of houses they reside in.
The GCB Bank lost almost half of the deposits it inherited from the UT Bank and the Capital Bank to panic withdrawals, four months after absorbing all the liabilities and selected assets of the collapsed banks, its Deputy Managing Director in charge of Finance, Mr Socrates Affram, has disclosed.
Abidjan, Côte d’Ivoire, May 21, 2019 – The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea.
Shareholders of the Ghana Oil Company Limited (GOIL) have endorsed the company's plans to diversify its business into the upstream petroleum sector to help cement its clout and chart a new course for growth.