A ministerial coordinating committee mandated to enforce and ensure strict adherence to the new regulatory measures for the operations of the Liquefied Petroleum Gas industry in the country has been setup by government. The Ministerial Committee comprises Minister for Energy, Boakye Agyarko, as Chairman; Minister for Environment, Science, Technology and...
Nyonkopa Cocoa Buying Limited continues to make giant strides in Ghana’s cocoa industry. The latest of its many innovative interventions is the launch of Nyonkodo Farmer Life Plan, a bundled insurance, pension and scholarship plan for its farmers at Sefwi Wiawso in the Western Region of Ghana. Speaking at the...
The General Manager of Cadbury Cocoa World, Mr. Gerrard Baldwin, has described the country’s cocoa as best quality and a key ingredient of Cadbury chocolates and other confectioneries. Mr. Baldwin said that about 25% of cocoa used for making Cadbury chocolates is sourced from Ghana. According to Baldwin, Cadbury World -...
Gold Coast Refinery, a leading gold refiner in the country, has asked government to grant it a Free Zones certification permit to enable it upscale production capacity. The Free Zone status will enable the company to import large volumes of raw gold from the sub-region, then refine and export it...
Government has placed an embargo on the construction of new gas and petrol stations across the country till further notice. This directive is part of new regulatory measures to enforce safety in the handling of LPG and petroleum products in the wake of the Atomic Junction gas explosion. In a statement...
Christine Churcher, a former Minister of state under President Kufuor’s administration, has been appointed board chair of the Ghana National Gas Company. At a ceremony in Accra to officially inaugurate the nine-member board, the Chairperson, thanked the President for the confidence reposed in them and promised the board will deliver...
120 deaths, 635 injuries in 10 years Absence of rigorous standards and regulation blamed The nation has since 2007 recorded 120 deaths and 635 injuries from gas explosions, aside from the unquantified economic and social costs running into millions of Ghana cedis. The latest incident at Mansco LPG filling station...
The National Petroleum Authority has been mandated to hire 200 auditors to ensure that safety standards are fully complied with at all gas stations in the country. The auditors will move from station to station to ensure that safety equipment such as CO2, foam and others are all in place. The...
The newly-appointed board of the Volta River Authority has been mandated to convert all non-power businesses of the authority into stand-alone commercial ventures, as part of restructuring efforts commenced by government. The authority, by its creation, is involved in other businesses in non-power sectors such as health, education, hospitality and...
In spite of the vast opportunities available in the upstream oil and gas sector, local participation is very low due to high barriers of entry, a report by Ernst & Young (EY), Ghana, indicates. The report shows that local participation in areas like well drilling, engineering services, exploration and subsurface,...