Ken Ofori Atta questions GNPC boss over ‘$9m oil revenue loss’
The Finance minister Ken Ofori Atta has written to the Chief Executive Officer of the Ghana National petroleum Corporation demanding answers to why the commission sold Ghana’s TEN crude oil lower than the lowest...
I wasn’t for IMF Bailout – Mona Quartey
Former Deputy Finance and Economic Planning Minister under the erstwhile Mahama administration Mona Quartey says she was not in support of the decision to seek financial help from the International Monetary Fund (IMF).
Speaking on...
Amazon’s market value tops $1tn
Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion (£779bn).
Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade...
$2bn Sinohydro infrastructure for bauxite barter facility: The facts
So I have been reading and hearing some analyses which are not just misleading but also very inaccurate. Never was it part of the narrative last year after the China trip that government was...
Sinotruk Int’l to Establish Assembly Plant in Ghana
Sinotruk International, China’s first heavy-duty truck manufacturer, has signed an agreement with the Government of Ghana to establish an assembly plant in Ghana, to serve both Ghanaian and West African markets.
This was after the...
BoG solely responsible for Banking crisis – Jinapor
Former Deputy Power Minister and a Member of the Finance Committee John Jinapor says the Bank of Ghana is solely responsible for the crisis in the banking sector leading to the collapse of some...
Consider Ghana first – Akufo-Addo to Chinese investors
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has told the business community in China that their preferred investment destination in Africa should be Ghana, because the country “is a haven of peace,...
IMF Bailout: Gov’t will maintain Fiscal Discipline – Bawumia
Ghana will maintain fiscal discipline after the expiration of the International Monetary Fund's (IMF) $918 million bailout to ensure that the economy does not slip into decline, Vice President Mahamudu Bawumia has said.
Speaking at...
MODEC, JILMEC merge to provide world class service
MODEC, a leading provider of competitive floating solutions for the offshore oil and gas industry, has announced the formation of a joint venture company with JILMEC, an indigenous Ghanaian company with expertise in exploration,...
IMF yet to decide on Ghana’s $2bn Sinohydro deal
The IMF has written to the Minority asking for time to decide whether the move by the government of Ghana to exchange the nation’s bauxite for $2billion to fund infrastructure projects from China constitute...