Crack the Whip On ‘fronting’
The African Centre for Energy Policy (ACEP), wants the Petroleum Commission to execute its mandate and punish non-indigenous companies who flout Ghana’s regulations regarding the provision of goods...
Category: Business
Fuel Prices Projected To Drop Further In 2nd August Pricing Window
The Institute for Energy Security (IES) has projected a further drop in fuel prices for the second pricing window for this month. According to IES, market conditions are favourable for diesel and...
Petroleum Fund Accrues Over $144m In First Half of 2016
Ghana received 144.4 million dollars as part of the Ghana Petroleum Funds from three liftings of crude oil from the Jubilee oil fields as at the end of the first half of 2016. This is according to a...
Petroleum Funds Accrues Over $144m In First Half of 2016
Ghana received 144.4 million dollars as part of the Ghana Petroleum Funds from three liftings of crude oil from the Jubilee oil fields as at the end of the first half of 2016. This is according to a...
Ghana Currently Producing Excess Power
The Chief Executive of the Ghana Grid Company has hinted of a temporary suspension of the load-shedding exercise in the country since July 29, 2016. This, William Amuna attributes to the country's...
Political Atmosphere Affecting Ghana’s Marketability
The Chartered Institute of Marketing Ghana (CIMG) is worried the current political atmosphere is adversely affecting Ghana’s marketability on the international stage. As Ghana gears up for a...
Ghana To Come Out of IMF Deal With Single Digit Inflation
President John Dramani Mahama has assured that Ghana will come out of the three-year programme with the International Monetary Fund (IMF), with a single digit inflation and a low budget deficit....
GCCI Urges Exporters To Adopt AGOA
As part of creating awareness for Ghanaian businesses to enjoy the benefits derived from African Growth and Opportunity Act (AGOA), the Ghana Chamber of Commerce and Industry (GCCI) in collaboration...
Ghana’s 15% Interest In TEN Project Not A Rip Off
As oil production at the Tweneboa Enyenra Ntomme (TEN) field commences this week, the Ghana National Petroleum Corporation (GNPC) has disputed claims that the financial agreement covering the project...
We’ll Give TOR Oil If They Can Pay
The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) Alex Mould has stated that the corporation is ready to offload crude oil to the Tema Oil Refinery (TOR) if it has the...
Ghana’s Economic Growth Weak
The Institute for Fiscal Studies (IFS) says Ghana’s current weak economic growth does not provide a good context for further fiscal consolidation envisaged by the government. In its assessment of...
Businesses Cash On At NDC Campaign Launch
There is an increase in economic activities within the Cape Coast Municipality in the Central Region as governing National Democratic Congress (NDC) prepares to launch its campaign later today...
Poor Handling of Cedi Notes, A Huge Bother To BOG
The Bank of Ghana (BOG) has expressed discomfort over continued poor handling of the cedi notes – the local currency, something Dr. Johnson Asiama, the Second Deputy Governor, says is a huge...
Police To Enforce Trademark Laws Fo Fight Counterfeiting
Crime officers say they are poised to enforce the country’s trademark laws and crack down on activities of counterfeiters. Counterfeiting does not only deprive the country of revenue of taxes but...
GNPC May Exceed $30 Million Loan Cap – ACEP
The Ghana National Petroleum Corporation, GNPC may be granted permission, where necessary, to borrow above the 30 million dollars cap if the investment will be to the benefit of the country. That is...
32 Banks For Ghana’s Economy Okay – Acheampong
Banking consultant, Nana Otuo Acheampong has stated that the increasing number of banks in the country is not a disincentive to the industry but an avenue that can stimulate good competition....
Trade Ministry To Support Local Industries Under AGOA
The Ministry of Trade and Industry (MoTI) is to give leverage to local companies exporting to the United States (US) to enable them to double their exports. The initiative forms part of a four- step...
Telcos Bemoan Delays Over E-Money License
Mobile money operators in the country want the Bank of Ghana to expedite the processes of issuing licenses to Dedicated Electronic Money Issuing Institutions (DEMI). They argue that the licenses will...
Banks Warned Not To Cut Lending Due To High NPLs
Commercial Banks in the country are being urged not to cut or reduce lending to the public and businesses due to the rising Non-Performing Loans (NPL) which has hit Ghana’s banking sector. This is...
Energy Commission To Standardise Cook Stoves
The Energy Commission has disclosed it would introduce standards and labelling for cook stoves. Currently, there are no ways of determining levels of emissions by cook stoves, most of which are...