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Jubilee partners halt oil production
The Jubilee partners have announced a planned halt of oil production offshore for 21 days.
The suspension of production is to make way for routine maintenance of the Floating Production, Storage and Offloading (FPSO) platform, the FPSO…
Ghana gov’t releases $200m of Eurobond proceeds for capital projects
The Ghana government has made available the cedi equivalent of $200 million for the payment of ongoing capital projects in various sectors of the economy to ensure their completion.
The amount is part of the $740 million Eurobond…
Netherlands to review ‘controversial’ tax treaties with Ghana, others
The Netherlands has developed a new proposal that seeks to review its tax treaties with Ghana and about 23 other least-developed countries. The Dutch has over the years been accused of aiding tax avoidance by multinational corporations as…
Ghana’s Cabinet approves bill for digital migration costing $95m
Cabinet has approved $95 million for the digital migration programme in Ghana.
The International Telecommunications Union (ITU) has set 2015 as the deadline for every country to migrate from analog to digital terrestrial.
At a daily press…
Ghana secures €7.5m loan to boost banana production
The Ghana Government has secured a loan of 7.3 million euros for investment in the banana industry to ensure the production of quality bananas for export, said Dr Hawkins Asiedu, a Director at the Ministry of Trade and Industry.
He said…
Ghana can be independent of donor assistance – Prof. Adei
A former Rector of the Ghana Institute of Management and Public Administrator (GIMPA), Professor Stephen Adei, has said Ghana has all it takes to be totally independent of donor assistance provided Ghanaians get their act together.
That,…
Ghana gas project loses $2.6m consignment
The wish of officials of the Ghana Gas Company to begin the commercial delivery of gas from the Atuabo Gas facility in January 2014 is not likely to be met.
This follows the loss of a container carrying a consignment, including 34…
Ghana bamboo bike makers to produce electric models
Makers of bamboo bikes in Ghana are planning to produce electric models of the bamboo bicycles as its markets abroad expand.
According to the Ghana Bamboo Bikes, it is scaling up production and introducing other innovative bamboo bikes.…
South African firm to help expand fertilizer storage in northern Ghana
As demand goes high, storage capacity of fertilizers is to be expanded in northern Ghana.
Two firms – African Fertilizer and Agribusiness Partnership (AFAP) of South Africa and a local Ghanaian fertilizer distributor 18th April Company…
Deteriorated macroeconomic indicators cause Ghana to lose 11 spots in 2013 WEF competitiveness index
Ghana fell drastically in rank on the 2013 edition of the Global Competitiveness Report (GCR) index published today September 4, 2013 by the World Economic Forum (WEF) due to the weak nature of the country’s macroeconomic indicators.
The…