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Agri Business

Fortunes of Agric sector slumps further

The contribution of the agriculture sector to the total amount of goods and services produced in the country, measured by Gross Domestic Product (GDP), dropped to 19.9 per cent in 2014 from the 21.6 per cent it contributed in 2013, ...

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Debt Collection C’ttee very necessary – ECG to ACEP

The Electricity Company of Ghana (ECG) has the establishment of a committee to oversee the collection of unpaid bills owed by consumers.   “It is a clear directive backed by the government for us to do that and this is ...

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IMF deal has not failed – Terpker

Finance Minister, Seth Terkper has stated that the ongoing negotiations with the International Monetary Fund (IMF) have not been derailed in anyway as speculated by some sections of the media. He said three rounds of negotiations- two in Ghana and ...

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ESOKO Lunches Expert Network to help Farmers

ESOKO GHANA, a private agricultural information service company with support of USAID has lunch a news Expert Network to help Farmers. Rite Fm Business News in an interview with Mr. Francis Danso Agyei, Content Manager of Esoko Ghana Ltd said ...

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CJA commends Mahama for reducing fuel prices

The Committee for Joint Action (CJA) has praised President John Dramani Mahama for the improvement in the management of the prices of petroleum products.   The National Petroleum Authority (NPA) a few days ago announced a 10% reduction in fuel ...

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The 2014 third quarter GDP grows by 5.1%

The Gross Domestic Product (GDP) for the third quarter of 2014 stood at 5.1 per cent year-on-year compared to revised GDP of 4.6 per cent in the same period. The industry sector recorded the highest growth of 8.1 per cent ...

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Cedi starts depreciating against US dollars

The Ghana Cedi appears to be coming under some pressure again only days into 2015. This has seen the local currency go down marginally.   For instance as at last month, one needed 3 Ghana cedis 1 pesewa to get ...

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Pig farming can resolve Ghana’s unemployment

Pig rearing as a business has high stakes in Ghana’s quest to tackle youth unemployment, Vincent Pomary, the Assistant Headmaster of the Adidome Farm Institute, has said. He was speaking to the GNA on the sidelines of a skills update ...

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More trouble for economy as cocoa proceeds slump

Government revenues from cocoa have fallen drastically to GH¢40 million in the 2012/2013 crop season from the region of GH¢153.9 million in the 2009/2010 season, primarily due to declining prices of the crop on the international market and low productivity. ...

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Rural banks urged to priorities loans for farmers  

The District Chief Executive(DCE) for Ayensuano , Mr Mike Ofori Darko, has called on rural banks to give priority to farmers in their loan allocations to help them to increase their productivity .   He suggested that the loans could ...

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