BUSINESS NEWS
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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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Ghana’s Oil Output Declines for Fifth Straight Year, PIAC Reports
Ghana’s crude oil production has declined for the fifth consecutive year, dropping from a peak of 71.44 million barrels in…
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Jinapor Urges Patience as Electricity Tariffs Rise
Minister for Energy and Green Transition, John Abdulai Jinapor, has called on Ghanaians to remain patient and understanding as the…
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Ghana’s Gold Stockpile Soars to 31.01 Tonnes, Tripling in Just Two Years
The Bank of Ghana’s gold reserves climbed to a total of 31.01 tonnes as of March 31, 2025. This reflects…
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