The Ministry of Finance (MoF) has failed to provide data on the utilization of Annual Budget Funding Amount (ABFA) as mandated by the Petroleum Revenue Management Act (PRMA) for accountability and transparency purposes for the third consecutive year and the fourth time since the enactment of the law in...
The Energy Media Group, organiser of the Ghana Energy Awards (GEA), has announced the full list of nominees for the awards’ 2023 edition.
Nominations for the 2023 Ghana Energy Awards (GEA) closed on Friday, September 29 after a 100-day window.
Featuring nominees across the competitive categories, this year’s list includes individuals,...
The Consolidated Bank Ghana (CBG), acting through a directive from the Ministry of Finance, will be supporting seven State Owned Enterprises (SoE) with some GH¢312 million to stabilize their operations, especially pay workers’ renumeration as the Coronavirus has impacted their finances adversely.
The credit facility is a government guaranteed concessionary...
…as foreign demand booms
The First Deputy Chief Executive Officer, Centre of Awareness (COA) Research and Manufacturing Company, Nana Ofosuhene Apenteng Aware, has revealed that the regulatory challenges encountered in the past years have better-positioned the company to fine-tune production to suit international markets.
According to him, the standardisation,...
Genser Energy has been praised for giving opportunities for more Ghanaians to work in providing energy solutions to the industrial and mining sectors of Ghana and other parts of Africa.
The independent power producer serves multinational clients in the industrial and mining sectors, and prides itself on people and focus...
The Bank of Ghana (BoG) has said it remains steadfast in its commitment to policy solvency - focusing on managing inflation and ensuring financial stability - despite challenges posed by the Domestic Debt Exchange Programme (DDEP).
Director of Research-BoG, Dr. Philip Abradu-Otoo, made the assurance while insisting that there is...
It might seem surprising that, amid all the challenges central banks are facing nowadays, their contribution to combating climate change has risen close to the top of policymakers’ agenda. But a closer look reveals why: central banks’ balance sheets, which have ballooned after a decade of asset-purchase programs (so-called...
While the European Union looks for ways to reduce its imports of Russian gas, flows via Ukraine remain high, at 109 million cu m daily amid lower wind energy output.
Interfax reports, citing data from the Gas Transmission System Operator of Ukraine, that bookings for Thursday stood at 105.2 million cu...
Entrepreneurs always look for opportunities, in both good and bad times. Even in times of a national tragedy, business ideas can come out. And that is how one young entrepreneur, Sena-Emefa - who talked to the B&FT’s Inspiring Startups - conceived her business idea.
After the sad incident of the...
The Minister for Trade and Industry, Alan John Kwadwo Kyerematen, has sworn in and inaugurated the governing board of the Ghana Standards Authority (GSA), saying the authority’s success is extremely crucial to the government’s industrial transformation agenda.
Addressing the six-member governing board being chaired by Professor Felix Charles Mills Robertson,...
