47 h. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics

3 d. ago Ghana’s Inflation Divide: Upper West Suffers 24.8% as National Rate Falls

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-divide-upper-west-suffers-24-8-as-national-rate-falls/While Ghana celebrates seven straight months of declining inflation hitting 12.1% in July, its lowest since 2021 the Ghana Statistical Service warns of a hidden crisis. Stark regional disparities reveal Upper West grappling with 24.8% price surges, more than double the national average. Upper East (21.1%), Western North (18.2%), and other northern regions follow, starkly […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-divide-upper-west-suffers-24-8-as-national-rate-falls/

Politics

3 d. ago Local Goods Drive Ghana’s Inflation as Import Reliance Persists

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-goods-drive-ghanas-inflation-as-import-reliance-persists/Ghana’s inflation story in July 2025 reveals a surprising twist: only two imported items ranked among the top 20 price surge drivers. Vegetable oil and rice stood alone as foreign contributors in the Ghana Statistical Service report, challenging assumptions about imports’ inflationary dominance. Imported vegetable oil prices soared 52% year-on-year despite a slight recent dip, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-goods-drive-ghanas-inflation-as-import-reliance-persists/

Politics

5 d. ago Federated Commodities Profit Soars 720% on Cocoa Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/Ghanaian agribusiness Federated Commodities PLC reported a sevenfold increase in net profit for the first nine months of 2025, driven by soaring cocoa prices and strategic debt reduction. Unaudited financials show net earnings jumped to GH¢47.1 million from GH¢5.7 million year-on-year, as turnover tripled to GH¢3.35 billion despite rising operational costs. The company slashed its […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/

Economics

8 d. ago Cement Price Surge Tied to Structural Costs, Not Profiteering – IMANI Analysis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cement-price-surge-tied-to-structural-costs-not-profiteering-imani-analysis/Ghana’s persistently high cement prices remaining above GH₵100 per 50kg bag despite gradual cooling of other commodity costs reflect structural economic pressures rather than industry profiteering, according to policy think tank IMANI Africa. The analysis counters recent accusations by officials and citizens blaming producers for capitalizing on construction demand, arguing that complex upstream factors sustain […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cement-price-surge-tied-to-structural-costs-not-profiteering-imani-analysis/

Economics

8 d. ago Gold Fields expects bumper profit as gold price, volumes surge

South Africa's Gold Fields expects its half-year profit to rise by as much as 236%, it said on Monday, on the back of higher gold production and record high bullion prices.

Economics

8 d. ago Cedi Strength Caps Cocoa Farmer Gains Despite 63% Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/Ghana’s cocoa farmers will receive only a 4.2% increase in local currency earnings for the new season despite a 62.6% dollar-denominated price jump to $5,040 per tonne, as the cedi’s appreciation blunts the global windfall. The revised rate of GH¢3,228.75 per 64kg bag effective August 7 contrasts sharply with farmer expectations, as a stronger cedi […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/

Politics

4 w. ago Western North: Mahama promises cocoa farmers 70% of world market price

President John Dramani Mahama has pledged to ensure cocoa farmers receive a fairer share of global prices, promising that farmers will be paid 70% of the world market price for their cocoa.

Economics