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The Latest Breaking News from Ghana

Cocoa Prices Recover Early Losses as Supplies Tighten

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +4 (+0.11%), and Dec ICE London cocoa #7 (CAZ23 ) closed +22 (+0.74%). Cocoa prices Tuesday closed moderately higher, with NY cocoa recovering from a 4-week low. Short-covering in cocoa futures emerged Tuesday on signs of ever-tighter supplies after ICE-monitored cocoa...

Barchart

Cocoa Prices Retreat on Beneficial Growing Conditions in the Ivory Coast

Dec ICE NY cocoa (CCZ23 ) on Monday closed -86 (-2.40%), and Dec ICE London cocoa #7 (CAZ23 ) closed -43 (-1.42%). Cocoa prices Monday posted moderate losses, with NY cocoa falling to a 4-week low. Monday's rally in the dollar index (DXY00 ) to a 6-½ month high undercut...

Barchart

Kwame Nkrumah: memorials to the man who led Ghana to independence have been built, erased and revived again

Kwame Nkrumah Memorial Park lies at the centre of Ghana’s capital, Accra. Recently renovated, it is dedicated to the memory of Kwame Nkrumah, the leader of Ghana’s independence struggle and its first president. Marking the spot of his final resting place at the park is a massive statue.

The Conversation

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Kojo Marfo: the maverick Ghanaian artist on his new Mayfair exhibition, and why truth trumps beauty

This latest show is an attempt to appeal to our humanity, something that tragedy has taught him is all-too important

Evening Standard

Cocoa Prices Mixed on Currency Fluctuations

Dec ICE NY cocoa (CCZ23 ) on Friday closed -13 (-0.36%), and Dec ICE London cocoa #7 (CAZ23 ) closed +21 (+0.70%). Cocoa prices Friday settled mixed. NY cocoa Friday was under pressure as the dollar index (DXY00 ) climbed to a 6-1/2 month high. However, London cocoa Friday moved...

Barchart

Ghana police arrest 49 as high cost of living triggers street protests

In recent months, public discontent has been growing in Ghana over the rising cost of living for everyday people.

Al Jazeera

Ghana arrests demonstrators protesting against the country's economic crisis

Police in Ghana have arrested protesters demonstrating against the cost of living and the economic crisis gripping the country, once seen as a model economy in Africa.

WEKU

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Dollar Weakness Sparks Short Covering in Cocoa Futures

Dec ICE NY cocoa (CCZ23 ) on Thursday closed +25 (+0.70%), and Dec ICE London cocoa #7 (CAZ23 ) closed +15 (+0.50%). Cocoa prices Thursday recovered from early losses and closed moderately higher. The dollar index Thursday fell back from a 6-1/2 month high and turned lower, which sparked short...

Barchart

Risk Off Sentiment in Commodities Weighs on Cocoa Prices

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed -72 (-1.98%), and Dec ICE London cocoa #7 (CAZ23 ) closed -66 (-2.16%). Cocoa prices Wednesday closed sharply lower, with NY cocoa falling to a 3-week low and London cocoa dropping to a 1-1/2 week low. Concerns that the Fed would...

Barchart

Suicide in Ghana: society expects men to be providers – new study explores this pressure

Suicide is a complex behaviour that is widely regarded as a significant public health issue across the globe. It is influenced by psychiatric, psychological, biological, social, cultural, economic and existential factors. In most countries, the rate of male suicides is between 3 and 7.5 times higher than that of females…

The Conversation

Cocoa Prices Fall Back on Long Liquidation Pressure

Dec ICE NY cocoa (CCZ23 ) on Monday closed down -136 (-3.62%), and Dec ICE London cocoa #7 (CAZ23 ) closed down -90 (-2.88%). Cocoa prices Monday fell on long liquidation pressure sparked by a risk-off environment in the asset markets ahead of this week's FOMC meeting. Cocoa prices have...

Barchart

Corruption in South Africa: would paying whistleblowers help?

Whistleblowing is an important tool in fighting corruption. In South Africa, the commission of inquiry into state capture recommended that the government should provide financial rewards for whistleblowers who report corruption.

The Conversation

Shrinking Global Output Pushes Cocoa Prices Higher

Dec ICE NY cocoa (CCZ23 ) on Friday closed +27 (+0.72%), and Dec ICE London cocoa #7 (CAZ23 ) closed +14 (+0.45%). Cocoa prices Friday settled moderately higher, with Dec NY cocoa posting a contract high and Dec London cocoa posting a record nearest-futures high. Cocoa prices have trended higher...

Barchart

Cocoa Prices Push Higher on Global Production Concerns

Dec ICE NY cocoa (CCZ23 ) on Thursday closed +4 (+0.11%), and Dec ICE London cocoa #7 (CAZ23 ) closed +17 (+0.55%). Dec NY cocoa and Dec London cocoa on Thursday extended Wednesday's gains and posted fresh contract highs. Gains in London cocoa accelerated Thursday after the British pound (^GBPUSD...

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France 24

Rugbynomics: The financial impact of hosting a Rugby World Cup

As France hosts hundreds of thousands of rugby fans from around the world for the 2023 World Cup, we take a deep-dive into the business that surrounds the game with Herbert Mensah, president of Rugby Africa who joins us from Accra in Ghana, as well as Christina Philippou, a principal…

Evening Standard

AFCON 2023: Which Premier League stars will play in the tournament this season?

Qualification for the 2023 Africa Cup of Nations is now complete.

Barchart

Cocoa Prices Mixed on Reports of Beneficial Weather in the Ivory Coast

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed -7 (-0.19%), and Dec ICE London cocoa #7 (CAZ23 ) closed +3 (+0.10%). Cocoa prices Tuesday settled mixed as they consolidated just below recent significant highs. Prices were under pressure Tuesday on reports of beneficial weather in the Ivory Coast with...

Barchart

Cocoa Prices Undercut as Weather Conditions Improve in Ivory Coast

Dec ICE NY cocoa (CCZ23 ) on Monday closed +2 (+0.05%), and Dec ICE London cocoa #7 (CAZ23 ) closed -14 (-0.46%). Cocoa prices Monday gave up early gains and settled mixed, with Dec London cocoa falling back from a contract high and nearest-futures (U23) London cocoa falling back from...

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Barchart

London Cocoa Posts a Record High as Supplies Shrink

Dec ICE NY cocoa (CCZ23 ) on Friday closed +42 (+1.16%), and Dec ICE London cocoa #7 (CAZ23 ) closed +73 (+2.45%). Cocoa prices Friday settled higher, with Dec London cocoa posting a contract high due to shrinking supplies and the outlook for reduced global cocoa production. Cocoa prices have...

Al Jazeera

Niger coup sanctions drive Ghana’s onion prices up, deepen food crisis

Niger, a key exporter of dry onions in West Africa, is responsible for 70 percent of onion imports by Ghana.

Barchart

Cocoa Prices Fall Back on Dollar Strength

Dec ICE NY cocoa (CCZ23 ) on Thursday closed -40 (-1.10%), and Dec ICE London cocoa #7 (CAZ23 ) closed -4 (-0.13%). Cocoa prices Thursday closed moderately lower as a rally in the dollar index sparked long liquidation in cocoa futures. Losses in London cocoa were limited after the British...

The Conversation

Death and mourning in Ghana: how gender shapes the rituals of the Akan people

Gender has a significant impact on the socio-economic, political and religious experiences of Ghanaians. For Akans, the country’s largest ethnic group, descent is traced through the maternal line. Property is transferred in this line too.

Barchart

Cocoa Prices Strengthen as Global Supplies Tighten

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed +3 (+0.08%), and Dec ICE London cocoa #7 (CAZ23 ) closed +21 (+0.71%). Cocoa prices Wednesday posted moderate gains, with Dec London cocoa posting a contract high. Smaller cocoa supplies from the Ivory Coast are bullish for prices. Ivory Coast farmers...

Barchart

Cocoa Prices Rally Amid Tighter Global Supplies

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +44 (+1.22%), and Dec ICE London cocoa #7 (CAZ23 ) closed +51 (+1.75%). Cocoa prices Tuesday settled moderately higher, with Dec NY cocoa posting a contract high. Smaller cocoa supplies from the Ivory Coast are bullish for prices. Ivory Coast farmers...

The Conversation

Ghana's colonial past and assessment use means education prioritises passing exams over what students actually learn – this must change

Formal education in the Gold Coast, now Ghana, was introduced during the 15th century when Europeans came to its shores to trade. Education was only accessible to children of women married to western traders, and it focused on teaching them how to read and write. The primary aim was to…

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