AFAG To Government
The government must set up a Senior High School Fund that will become a permanent and sustainable source of funding for the Akufo-Addo government’s Free Senior High School, pressure group Alliance...
Tag: Oil & Gas Exploration and Production – NEC
GNPC Must Stop Funding Black Stars
General Secretary of the People's National Convention (PNC), Atik Mohammed says the Ghana National Petroleum Corporation (GNPC) should cease sponsoring the Senior National football team; the Black...
Trump Fears May Thaw Iran, Gulf Relations
Shared fears over US President Donald Trump's policies could bring Iran and Gulf Arab countries closer together, analysts said after a fence-mending regional tour by Iranian President Hassan Rouhani....
Take Hands Off Heritage Fund – Minority
The Minority in Parliament has said it will resist the use of the Ghana Heritage Fund to bankroll the Akufo-Addo government’s Free Senior High School programme scheduled to start in September this...
Portuguese Prosecutors Charge Angolan VP With Corruption
Portuguese prosecutors on Thursday charged Angolan Vice President Manuel Vicente with corruption over allegations he bribed a magistrate with roughly 760,000 euros ($800,000) in 2012 to drop two...
Angola VP Manuel Vicente ‘to Face Portugal Corruption Charges’
Portuguese state prosecutors are bringing corruption charges against Angola's vice-president Manuel Vicente. The attorney-general's office says that Mr Vicente paid $810,000 (£650,000) in bribes to...
Use Heritage Fund But Pay With Interest – AFAG
Using the Heritage Fund to bankroll the government’s Free Senior High School programme is apt, but the money must be paid back with interest after three years, pressure group Alliance for...
$600m/year Needed To Fund Free SHS
Ghana needs about $600 million per annum to fund and implement the Free Senior High School programme introduced by the Akufo-Addo government, Patrick Stephenson, Director of Research and Finance of...
Don’t Blame Nyantakyi For Black Stars Woes
Former Chief Executive Officer of Kumasi Asante Kotoko, Dr. Kofi Koduah Sarpong has called on Ghanaian not to blame FA Boss Kwesi Nyantakyi for the Black Stars inability to win the Africa cup of...
Return On Investment of Ghana Heritage Fund Declines
Return on investment of Ghana’s Heritage Fund recorded a decline in the second half of 2016 as compared to the first half of the same year. A report released by the Bank of Ghana on the performance...
In Ghana, Post-Election Fiscal Crunch Is Politics As Normal
Ghana's President Nana Akufo-Addo has taken power with ambitious plans to revive once spectacular economic growth, only to discover a $1.6 billion hole in the budget and a deficit twice as high as...
Springfield Group Steps Into Upstream Oil Exploration
A wholly owned Ghanaian oil and gas company, the Springfield Group, has taken a giant step to explore for oil in the Tano West Cape Three Points basin in the Western Region. The move is to break the...
Government Must Stop Starving Statutory Funds
If government would not ensure adequate and timely transfers to its statutory funds, then it must as well collapse them, the Institute for Fiscal Studies (IFS), has said, calling for a review of the...
Negative Return On Oil Cash Investment
IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an era where Ghana paid between eight and 10.75% interest on Eurobonds, it is...
Tullow Adopts 3-Phase Plan To Convert FPSO
Oil and gas firm Tullow and its JV Partners have adopted a three-phase approach to convert the Floating Production Storage and Offloading (FPSO) Kwame Nkrumah to a permanently spread-moored vessel,...
Saudi Royals Host Erdogan Ahead of Syria Talks
Turkey's President Recep Tayyip Erdogan met Saudi Arabia's top leadership on Tuesday during a visit to further strengthen ties as part of a Gulf tour ahead of Syria peace talks. King Salman hosted a...
Tullow Defers Payment of Dividends To Shareholders
Oil giant Tullow has announced it will not be paying its shareholders dividends. According to Tullow, it took the decision following current financial constraints it is facing. Tullow which is listed...
Striking A Balance Between Employee Rights and Employer Obligations
By: Rita Ako Williams, Executive Board Chairperson, Excella Consult, LLC For some time now, some employers of domestic workers in the Gulf Cooperation Council (Saudi Arabia, Kuwait, Qatar, Bahrain,...
Turkey’s Erdogan In Saudi On Gulf Tour
Turkish President Recep Tayyip Erdogan arrived for talks in Saudi Arabia on Monday to further strengthen ties as part of a Gulf tour. The two Sunni powers have become increasingly close over the past...
Tullow Meets Gov’t Over Jubilee Development Plan
Executives of oil exploration firm, Tullow, are expected to meet the new government in the next few weeks. The meeting will focus on the approval of the development plan for the Jubilee Field. The...