Tag: Adnan Adams Mohammed
BoG has no capacity to monitor mobile money activities
The government has indicated that, the Bank of Ghana (BoG) has no capacity to properly monitor mobile money activities, hence the decision to bring...
Ghana Makes US$4.1 billion from crude oil
Ghana has since the commencement of commercial oil production in 2010, bagged a total US$4.1 billion as its entitlement including royalties and other revenue...
Businesses applauds Ghana government over Ease of Doing Business
Business magnates and economists have called for applause for the government for improving many of the indicators for measuring ‘Ease of Doing Business Report’...
Oil Projects: PIAC wants shoddy works contractors punished
The Public Interest and Accountability Committee (PIAC) wants contractors who have delivered shoddy works for oil financed projects in the country to be punished....
AngloGold Ashanti forced to give Ghanaian companies contracts
AngloGold Ashanti, the largest mining company in Ghana, has been coerced to award contracts previously meant for foreign companies to Ghanaians outside the remit...
Ghana lists strategies to stop textile piracy
The government in an effort to stop the influx of pirated textiles on the local market has adopted some strategies to curb the phenomenon...
Ghana to adopt a new formula of calculating mining royalties
A new mining royalty payment formula have been proposed to help the country rake in more revenue from the mining sector.
Over the years, dividends...
Banker calls for separations of Supervision Department of BoG
A renowned banker in the country has called for the separation of mandate of the Bank of Ghana to help put the financial industry...
Alex Mould says Ghana don’t need new oil refineries
The Minister of Energy, Boakye Agyarko has revealed agrandiose plans for four new oil refineries, each with a 150,000b/d capacity recently.
According to him,...
Ghana government is turning TOR into a tank farm
Boakoye Agyarko, the Energy Minister has recently revealed that, the government has plans to turn the beleaguered Tema Oil Refinery (TOR) into a tank...
Alexander Mould questions sales of Hess’s oil block to Aker Energy
Information going round since February this year is that, the Norwegian billionaire Kjell Inge Røkke's Aker Energy has acquired Hess's Ghana operations, which come...
Ghana government prepares to allocate new oil blocks
As part of preparedness to deepen transparency in the allocation of oil blocks, the Ministry of Energy has inaugurated a committee to oversee the...
MTN prepares to launch IPO
Ghana Stock Exchange has approved MTN Ghana’s application to list on the stock market through an Initial Public Offer (IPO) by the end of...
GOIL prepares to join upstream oil and gas business
As Ghana’s emergent upstream oil sector records massive participation and investment by international oil and gas companies, the solely Ghanaian owned public listed oil...
Banks recapitalization: players panic over raising needed capital
As the time get closer to the deadline for all the banks to meet the new minimum capital requirement set by Bank of Ghana,...
Government holding on to promise to deliver 1D1F by 2020
The Deputy Trade and Industry Minister Robert Ahomka-Lindsay has said government will ‘move heaven and earth’ to deliver the One District, One Factory (1D1F)...
Experts not happy with the ECG concession deal
Some energy sector experts are of the view that, Ghana negotiated a bad deal under the Ghana Power Compact that led to the selection...
Ghana to experience massive upstream oil activities
…. As nine more oil blocks ready for allocation
Ghana’s growing upstream oil and gas sector is set to experience massive exploration and production...
World Bank and Ghana in Sankofa Gye Nyame gas price dispute
Information reaching Economy Times from Washington reveals that, the World Bank is holding Ghana to ransom demanding that, Ghana accept to adjust downwards the...
SMEs and Industries want government fast track process of trade facilitation reforms
Small and Medium Enterprises (SMEs) operating in the country have been admonished adjust their operations to be able to take advantage of the African...
Ghana-Burkina Faso railway project searches for contractors
An international competitive tender for potential contractors to submit their bids for the Ghana and Bu,rkina Faso railway projects.
This gives a hope that,...
Business confidence drops 7.4 points in first quarter 2018
The latest Business Barometer report compiled by the Association of Ghana Industries (AGI) indicates that, business confidence index for the first quarter 2018 has...
Mining companies exploiting Ghana
…as they refuse to pay dividends since 2012
Mining companies in the country is accused of short changing the entire nation for their corporate interest...
Release US$5 million stimulus package now – Companies tell government
A beneficiary of the government promised of US$5 million stimulus package to selected local industries, Intravenous infusions limited, a pharmaceutical products manufacturer, has called...
Promoting ‘green tech’: Apple takes the lead
The fight towards ‘Green world’ seems to be yielding results as advocacy, policy refocusing and attitudinal changes indicate progressive milestone.
Consequently, the field of...
Ghana government to introduce new tax policies
The government is set to present to parliament new tax policy measures by July this year. This is to help in effective and efficient...
Ghana oil sector: experts disagree over system of blocks contracts awarding
An oil and gas policy think tank, Centre for Natural Resources and Environmental Management (CNREM), has alleged that Ghana lost about US$902.45 million in...
Rising public debt challenges Ghana Beyond Aid agenda
The ever ballooning public debt presents a threat to the achievement of the Ghana Beyond Aid agenda as targeted by President Nana Addo Dankwa...
Ports efficiency improved – GMA
The Ghana Maritime Authority has hinted that there is an improved efficiency at the ports since the coming into force of a Memorandum of...
Banking customers angry at current high interest rates
Businesses in the country have intensified calls on commercial banks to reduce their lending rates to reflect the recent cut in the Bank of...