BUSINESS NEWS
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Petroleum Hub Aims for 30-Day Permit Process to Attract Investment
The Petroleum Hub Development Corporation is aiming to streamline the investment process in Ghana’s petroleum sector to attract more investors.…
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Government’s Debt to GNPC Surges to $1.25 Billion
Government indebtedness to the Ghana National Petroleum Corporation (GNPC) has increased to $1.25 billion as of December 2024. This is…
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Cyber Security Authority Reports Nearly GH¢500,000 Lost to Online Blackmail and Sextortion in Early 2025
Financial losses from online blackmail and sextortion in Ghana have surged to GH¢499,044 in the first four months of 2025,…
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Ghana’s upstream oil and gas sector sees 181% investment boom in 2024
Ghana’s upstream petroleum industry recorded a remarkable 181 percent surge in investment, rising from US$32 million in 2023 to US$90…
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President Mahama appoints Edmond Kombat as Tema Oil Refinery’s new Managing Director
President John Mahama has elevated Edmond Kombat as the Acting Managing Director of the Tema Oil Refinery (TOR), replacing Dr.…
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Fitch Solutions Maintains 2025 Growth Forecast at 4.2%
Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the…
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MoMo Scam Alert: Staff Cannot Access Your PIN, Says Godwin Tamakloe
Chief Risk and Compliance Officer of Mobile Money Limited, Godwin Tamakloe, has refuted claims that mobile money service personnel are…
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Kweku Ricketts-Hagan leads newly formed Ghana Revenue Authority Board
The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a newly constituted nine-member board for the Ghana Revenue Authority…
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Ghana’s oil revenue reaches $1.35 billion in 2024
Ghana earned over $1.35 billion in petroleum revenues in 2024, representing a 27.8% increase compared to the previous year. The…
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WAPCo calls for regional cooperation to tackle gas supply shortage
The West African Gas Pipeline Company (WAPCo) is calling for stronger collaboration among Ghana and its neighboring countries to resolve…
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