Earmarks US$20m to build a Corporate Head Office
-US$10m to build Operational Head Office in Takoradi
-NDC MPs raise alarm; caution the decision to borrow to fund those projects
A majority voice vote, on the floor of Parliament, Thursday, was enough to ensure the safe approval of the 2018 program of activities...
A team of officers from the National Petroleum Authority (NPA) is in the Central Region visiting selected communities as part of a nationwide door-to-door LPG safety campaign.
The team, from the Corporate Affairs Division, visited several eateries in the Mankessim, Komenda and Cape Coast areas, where vendors were educated on...
A policy analyst with the Integrated Social Development Centre (ISODEC), Dr. Steve Manteaw, has been elected to chair the Public Interest and Accountability Committee (PIAC) whilst Dr. Thomas Kojo Stephens, of the Ghana Bar Association (GBA), was elected Vice Chair.
PIAC, established in 2011, under the Petroleum Revenue Management Act...
In this question and answer session, Alex Mould, a former Chief Executive Officer of the Ghana National Petroleum Corporation and the Ghana National Petroleum Authority, explains the impact of the novel Coronavirus on Ghana's economy, why consumers will enjoy cheaper fuel and how the country could make the most...
Kuapa Kokoo, a cocoa farmers' co-operative organization, is to set up a coffee processing plant and coffee plaza at Ampabame and Daatano respectively in the Ejisu Juaben district of the Ashanti Region under its sustainable development programme, Managing Director for the organization, Samuel Adimado, has revealed.
Mr. Adimado indicated that...
Chief Executive Officer of Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has assured lenders that the company is on course to meet its financial obligations in respect of the US$1.3billion syndicated loan, in spite of a dwindling crop harvest caused by dry weather and plant disease.
“We have shown over the...
Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and a shift away from growth strategies to margin preservation.
With top producers facing declining production profiles,...
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to a new energy strategy reported by state news agency ANGOP.
Angola’s plan includes foreign investment of US$679 million as well as US$188 million investment by...
Local Fuel Market Performance
For the period under review, fuel prices remained largely stable. Prices of petroleum products within the first Pricing-window of December 2020 saw majority of Oil Marketing Companies (OMCs) maintaining prices of Gasoline and Gasoil at the pump with some few of them increasing their prices...