A Senior Research Analyst with the Institute of Fiscal Studies Dr. Saeed Boakye has asked the Akufo-Addo government to stop blame its predecessors for the economic woes of the country. According to...
The decade-long maritime dispute between Ghana and Cote d’Ivoire which was finally settled on September 23, 2017 cost the country (Ghana) in excess of 3 million dollars. The amount which included...
The paramount chief of the Lower Dixcove Traditional Area in the Western Region Nana Kwesi Agyemang IX who is also the chairperson of the Western Region Coastal Foundation has said that although some...
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the necessary approval in the proposed oil exploration activities in the Voltaian basin....
President Akufo Addo has committed to the efficient use of Ghana’s oil revenue to give value for money and protect the interest of Ghanaians. According to him, Ghana has no reason not to improve...
Ten years ago this month when the announcement of commercial discovery of crude oil in Ghana was made, the price of a barrel of crude oil was about $68 and on steady increase. The price increase...
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring...
Closer ties between Saudi Arabia and US President Donald Trump's administration helped pave the way for a succession shake-up making a 31-year-old prince the kingdom's de facto ruler, analysts say....
Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget gaps. On...
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. According to the Executive Director of ACEP, Benjamin Boakye, the move will...
The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the kingdom cope with a drop in oil revenues. Residents of the world's biggest oil...
The African Centre for Energy Policy (ACEP), an energy-focused think - tank has called on Ghanaians to demand accountability on oil revenue funded projects in local communities to minimise corruption...
The Public Interest and Accountability Committee (PIAC) has expressed disappointment over the poor execution of some projects funded with petroleum revenue in the Ashanti Region. Vice Chairman, Kwame...
Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday, after spending cuts and a major rebound in oil revenues. The world's top crude...
Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on Thursday, after the kingdom made sweeping spending cuts. The deficit dropped to 26...
The Akufo-Addo government on March 2 presented its 2017 Budget and Economic Policy statement dubbed the Asempa Budget to the nation through Parliament. The Budget read by Finance Minister Ken Ofori...
A powerful Saudi royal said Tuesday that there could be no rapprochement between his country and Iran, which he said wants to dominate the Muslim world. In a television interview, Deputy Crown Prince...
The Central Bank has reacted to recent media reports which suggested that proceeds from Ghana’s bauxite exports in 2015 was not captured in its 2015 Statements of Foreign Exchange Receipts and...
The country’s economy last year grew by 3.5 percent, the lowest rate in the past 22 years and the fifth consecutive year of decline, data from the Ghana Statistical Service (GSS) has shown. Even...
A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered hydrocarbons in commercial quantities a decade ago in 2007 under the erstwhile Kufour...
