Saturday, January 29, 2022

Pay 30% oil revenue to court registrar – Judge orders ENI, Vitol

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An Accra Commercial High Court has ordered the Operators of Ghana’s Sankofa oil field, ENI Ghana Limited and its partner Vitol Upstream Ghana Limited,...

Ghana assumes ownership of Ameri Power Plant

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The Ministry of Energy says the extended payment period from 60 to 72 months agreement between the Government of Ghana and AMERI has been...

Gov’t to suspend 20% budgeted expenditure for 2022 – Ofori-Atta

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Beginning in the first quarter of 2022, the government will suspend roughly 20% of budgeted expenditure for the year, Ken Ofori-Atta, the Minister for Finance,...

No Ghana Card, No financial transaction effective 1st July – BoG

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The Bank of Ghana (BoG) has announced that in accordance with its objective to ensuring safety financial system, the National Identification Card also known...

Ghana to face difficulty in accessing external financing – World Bank warns

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The country will have a tough time borrowing from the international market this year, given its high debt portfolio – a warning the World...

Frytol producer Wilmar shutting down in Ghana over ‘operational challenges’

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Wilmar Africa Limited, producers of Frytol has said it is shutting down its operations in Ghana over operational difficulties. The company in a statement said...

GNPC’s KK Sarpong, Freddie Blay directors of an off-shore oil company – ACEP alleges

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Ghana National Petroleum Commission's CEO and Board Chairman are directors of an oil company registered in a tax haven of the Cayman Islands, Africa...

Job losses to hit financial sector again as NIC plans to collapse insurance firms

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The National Insurance Commission (NIC) is on the verge of withdrawing the licences of some insurance companies after they were unable to recapitalise to...

BoG to offload US$450m to stabilize cedi in first quarter

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The Bank of Ghana has indicated it will pump US$450million into the forex market during the first quarter in a bid to stabilise the...

FDA recalls batches of Nestle’s coagulated milk products

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The Food and Drugs Authority (FDA) says it has undertaken a comprehensive regulator action to ascertain why customers’ milk were coagulated despite not being expired. The outfit has...