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Latest economy stories from around the world.

Cocobod pitches $1.4 billion domestic financing plan
MCMyjoyonline ComEconomy

Cocobod pitches $1.4 billion domestic financing plan

Ghana Cocoa Board (COCOBOD) is seeking to raise GH¢16.3 billion ($1.4 billion) from domestic investors to fund cocoa purchases for the upcoming season, according to a government presentation to investors.

2 min read
Cook Islands, US, NZ officials begin feasibility work on Omoka Wharf
CCCookislandsnews ComEconomy

Cook Islands, US, NZ officials begin feasibility work on Omoka Wharf

United States Ambassador to the Cook Islands Jared Novelly will join Prime Minister Mark Brown and New Zealand’s High Commissioner on a visit to Tongareva (Penrhyn) today, launching the feasibility and planning phase of the NZ$101.5…

3 min read
MV Tuitui Moana’s maiden voyage pushed to November
CCCookislandsnews ComEconomy

MV Tuitui Moana’s maiden voyage pushed to November

Cook Islands Government’s new cargo-passenger vessel, MV Tuitui Moana, will remain at Avatiu Port for at least two more months before making its first Pa Enua voyage, its operators have confirmed.

4 min read
President Mahama commissions Zonda Tec’s newest vehicle Assembly plant
MCMyjoyonline ComEconomy

President Mahama commissions Zonda Tec’s newest vehicle Assembly plant

President John Dramani Mahama has officially commissioned Zonda Tec Ghana Limited’s newest vehicle assembly plant, marking another significant development in Ghana’s growing automotive manufacturing industry. The commissioning ceremony…

3 min read
Cedi to end year at GH¢12.20 to a US dollar – Databank Research
MCMyjoyonline ComEconomy

Cedi to end year at GH¢12.20 to a US dollar – Databank Research

In its half-year economic outlook, it stated that the 30% Gold Off-Take Mandate under GoldBod, supported by the increase in its budget allocation from GH¢4.5 billion to GH¢5.0 billion, should boost gold mobilisation and support reserve…

1 min read