Business
ZEN Petroleum fuels brighter futures with GH¢2m education investment
… partners Future Leaders School alongside Akwaaba Volunteers In a powerful display of corporate social responsibility, ZEN Petroleum Limited has announced a landmark GH¢ 2 million commitment to bolster the educational environment at Future Leaders School (FLS) in La Kpeshie, Accra. This transformative partnership with Akwaaba Volunteers aims to empower underprivileged children through quality education […]
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Business
Subsidising petroleum products only way to reduce price hikes – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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Business
Subsidies are key to mitigating petroleum price escalation – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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Business
Fuel price hikes: Strengthening Cedi must be top priority – COPEC
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […]
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Headlines
I dare Bawumia to name a successful policy he initiated – Joseph Amoah
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […]
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Foreign VAR officials appointed for crucial Turkey league matches
The Turkish Super Lig has announced that it will bring in foreign Video Assistant Referees (VAR) for key matches for the remainder of the season to address concerns about potential bias. This decision comes after Fenerbahce’s president accused an “underground network” within Turkey of influencing match outcomes through favouritism towards certain teams. During the recent […]
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Business
Experts advocate tax reforms, strategic debt management to empower African economies
By Rashidatu IBRAHIM An economist and advisor on South-South Cooperation and Development Finance at the South Centre, a Geneva-based intergovernmental organisation, Yuefen Li, has urged African countries to enforce regulations that require multinational corporations to contribute a greater share of taxes for their operations within these nations. She noted that implementing such measures would serve […]
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Headlines
Giving priority to local suppliers; a Tullow story
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana’s two main oil fields – Jubilee and TEN – Tullow has a responsibility to harness the oil and gas resources available to the country […]
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News
Alleged sale of TOR to Sentuo: ASEPA demands clarity on relationship between two refineries
The Alliance for Social Equity and Public Accountability (ASEPA) is demanding clarity on the relationship between the Tema Oil Refinery (TOR) and Sentuo Oil Refinery. The Alliance wants Managements of the two refineries to make it clear to the public, if the state-owned refinery has been sold to Sentuo, the Chinese-owned company. ASEPA’s request stems […]
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News
FDA warns against importation of unhygienic baby diapers
The Food and Drugs Authority (FDA) has issued a warning to importers, manufacturers and distributors of substandard and unhygienic baby diapers (known as bale diapers) into the country, which will result in their seizure. The FDA said the safe disposal of the susbstandard product would be at a cost to the importer. The Authority, in […]
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Featured
Fire Service probes cause of YWCA Palm Oil Factory fire
The Bunso fire station of the Ghana National Fire Service has commenced investigations into the cause of fire that ravaged the 31st Young Women Christian Association (YWCA) Palm Oil Factory at Akyem New Tafo in the Abuakwa North Municipality of the Eastern Region. The cause of the devastating fire which is not readily known according […]
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Featured
Fuel prices cross 14 Cedis per litre, the highest in 14 months
Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […]
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Featured
Fuel prices likely to be maintained in April first pricing window – COPEC
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024. Projections for April’s first pricing window made by the Chamber of Petroleum Consumers (COPEC) is pegging a litre of petrol at GH¢13.41, “baring any universal changes in Petroleum prices of $874.09/MT for petrol […]
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Business
Increased TOR board members adding to financial burden – COPEC chastises Akufo-Addo
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […]
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Business
Ghana’s Oil & Gas Transforming With Vision, Action
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public
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