Day: August 27, 2025

Poase-Cement Market Traders Lament Low Sales Despite Cedi Appreciation

Kadjebi: Traders at the Poase-Cement Market in the Kadjebi District of the Oti Region are lamenting over low sales despite the recent appreciation of the Ghana Cedi against major foreign currencies. According to Ghana News Agency, although the Cedi has strengthened against major currencies, patronage has not improved as expected, leaving traders concerned. Customer turnout has remained poor, with many buyers reluctant to make purchases even though the Cedi has shown a relatively stable performance in recent months. Madam Ama Korkor, a foodstuffs seller, expressed her disappointment, noting that she had anticipated an increase in consumer confidence and demand following

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Poase-Cement Market Traders Lament Low Sales Despite Cedi Appreciation

Kadjebi: Traders at the Poase-Cement Market in the Kadjebi District of the Oti Region are lamenting over low sales despite the recent appreciation of the Ghana Cedi against major foreign currencies. According to Ghana News Agency, although the Cedi has strengthened against major currencies, patronage has not improved as expected, leaving traders concerned. Customer turnout has remained poor, with many buyers reluctant to make purchases even though the Cedi has shown a relatively stable performance in recent months. Madam Ama Korkor, a foodstuffs seller, expressed her disappointment, noting that she had anticipated an increase in consumer confidence and demand following

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Fairtrade Africa Advocates for Youth-Oriented Agricultural Reforms to Boost Cocoa Farming

Adako-jachie: Fairtrade Africa has emphasized the need for policy reforms that will encourage more youth to venture into commercial-scale farming, especially cocoa growing. These changes must include land reforms to provide access to affordable leases, microloans tailored to the unique needs of cocoa farmers, and incentives for intercropping – allowing farmers to earn income while their cocoa trees mature. According to Ghana News Agency, Mr. Samuel Osei Kwadwo, Project Manager at Fairtrade Africa, stated it was time to demonstrate that cocoa farming could be a viable business not just for the upper ages, but all age brackets. It is also

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Fairtrade Africa Advocates for Youth-Oriented Agricultural Reforms to Boost Cocoa Farming

Adako-jachie: Fairtrade Africa has emphasized the need for policy reforms that will encourage more youth to venture into commercial-scale farming, especially cocoa growing. These changes must include land reforms to provide access to affordable leases, microloans tailored to the unique needs of cocoa farmers, and incentives for intercropping – allowing farmers to earn income while their cocoa trees mature. According to Ghana News Agency, Mr. Samuel Osei Kwadwo, Project Manager at Fairtrade Africa, stated it was time to demonstrate that cocoa farming could be a viable business not just for the upper ages, but all age brackets. It is also

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Oti Regional Minister Woos Chinese Investors for Cassava Processing Factory

Accra: Mr John Kwadwo Gyapong, Oti Regional Minister, has taken a significant step towards boosting the local economy by courting Chinese investors to establish a cassava processing factory in the region. The initiative aims to create jobs, increase farmers’ income, and enhance the region’s agricultural value chain. The Minister and his team met with the Chinese investors, led by Mr. David Tai, CEO of Tiast Group, and Madam Priscilla Fiati, Director of Business Development, at the Oti Regional Co-ordinating Council (ORCC). According to Ghana News Agency, Madam Fiati explained that Tiast Group offered systematic technical training for operators, workshop directors,

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Oti Regional Minister Woos Chinese Investors for Cassava Processing Factory

Accra: Mr John Kwadwo Gyapong, Oti Regional Minister, has taken a significant step towards boosting the local economy by courting Chinese investors to establish a cassava processing factory in the region. The initiative aims to create jobs, increase farmers’ income, and enhance the region’s agricultural value chain. The Minister and his team met with the Chinese investors, led by Mr. David Tai, CEO of Tiast Group, and Madam Priscilla Fiati, Director of Business Development, at the Oti Regional Co-ordinating Council (ORCC). According to Ghana News Agency, Madam Fiati explained that Tiast Group offered systematic technical training for operators, workshop directors,

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Ghana’s Oil Revenue Rises Despite Continuous Production Decline

Koforidua: Ghana’s petroleum revenue rose significantly in 2024, reaching its second-highest annual level despite a continued decline in crude oil production, according to the Public Interest and Accountability Committee (PIAC). According to Ghana News Agency, the 2024 Annual Report, presented by Mr. Samuel Bekoe, a PIAC member representing Think Tanks, during the Eastern Zonal Media Engagement in Koforidua, offers a comprehensive analysis of petroleum production, revenue, and utilisation under the Petroleum Revenue Management Act (PRMA). Ghana earned US$1.36 billion from petroleum activities in 2024, a 27.8 percent increase from the US$1.06 billion recorded in 2023. This marks the second-highest annual

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