WHAT THE PEOPLE SAY

INTRODUCTION: The Public Utilities And Regulatory Commission (PURC) has announced an upward adjustment in water and electricity tariffs by 15% increase in water, as well as a 51.73% increase in electricity tariffs, effective 1 July using the Automatic Adjustment Formula. But please hold it! The PURC says“it has decided to defer the increase for electricity due to the current electricity supply situation but has decided to pass on the adjustment for water because of the notable expansion in water infrastructure and considerable improvement in supply” The price at which fuel is sold at the filling station has also not remained stable but there has been a downward adjustment already with another one yet to the announced. Well, what do the people say? Please lets go to the streets of Accra and find out what the people have to say and what do you have to say dear reader? Please send your comments and lets keep the blog active. Mr J.K Asante (Exercise Books Supplie...

A stakeholder’s conference has been held in Accra to assess the impact of the Export, Trade, Agricultural and Industrial Development Fund on small holder farmers who produce the majority of the food crops consumed by Ghanaians. The Export Development and Investment Fund (EDIF) currently the Export Trade, Agricultural and Industrial Development Fund (EDAIF) was established by the Export Development and Investment Fund Act, 2000 (Act 582), and it became operational in 2001 as an agency of the Ministry of Trade and Industry. The act was, however, amended in 2001 by the Export Development and Investment Fund (Amendment) Act, 2011 (Act 823), to expand the scope of application of the fund to include the development and promotion of agro-processing industry, hence the change of the name of the fund to EDAIF. EDAIF operates by handing over money to designated financial instructions or banks like Stanchart, Stanbic and the ADB. These banks then evaluate prospective applicants to find o...