The country is again faced with a heightened risk of cocoa smuggling following Ivory Coast’s recent decision to raise its farm-gate price for cocoa, surpassing our rate. While the move by the world's largest cocoa producer aims to discourage illicit export of beans, it poses significant challenges for Ghana's cocoa...
The Ghana Upstream Petroleum Chamber held its annual Ghana Oil and Gas Conference recently. We spoke to its CEO, David Ampofo about the conference. Q: Can you explain the thinking behind the choice of theme for the conference? A: We chose the theme “stimulating growth in the oil and gas industry”,...
By Emmanuel AKOMEA Chief Executive Officer (CEO)-Edtex Limited, Edwina Ama Assan, is urging government to take decisive action that supports the domestic textile industry, including measures to expand cotton production. The CEO highlighted challenges faced by the industry - such as cheap imports and high taxes on raw materials - and...
Vivo Energy Ghana, the exclusive distributor and marketer of Shell branded products has marked an exceptional milestone in its commitment to safety and operational excellence, celebrating 5000 Goal Zero Days (no harm to people and minimising its impact on the environment). This achievement reflects the tireless dedication of employees, contractors,...
By Bernard Kelvin CLIVE “In a world where products and services are becoming more and more commoditized, customer experience is the only true differentiator.” - Annette Franz Today, I want to discuss a theme I call cravings, customers, and costs. Something quite interesting happened sometime back when I was with the kids....
By Kizito CUDJOE The upstream petroleum sector is gearing up to bring on-stream its fourth oil field, the Pecan Oil Field, with peak production expected to reach up to 80,000 barrels of oil per day, according to Chief Executive-Petroleum Commission, Egbert Faibille. The field is considered a vital addition to counterbalance...
In a strategic push towards enhancing economic stability, Ghana is rolling out two crucial initiatives namely: increasing the income of its cocoa farmers and restructuring $13 billion of its international bonds. These dual actions represent a critical moment for the West African nation as it seeks to fortify its financial...
The annual oil and gas conference of the Ghana Upstream Petroleum Chamber takes place in Accra today. The Guest of Honor is the Ambassador of the United States Government to Ghana, Virginia Palmer. The opening event will be chaired by the Managing Director of MODEC and Vice Chairman of the...
By Juliet ETEFE ([email protected])  Export value of cocoa products has experienced a significant decline between the first and second quarters of 2024, the Ghana Statistical Service (GSS) disclosed. In the first quarter, cocoa bean exports generated about GHȼ5.1 billion, but this figure dropped sharply to GHȼ 1.1 billion in the second...
By Kizito CUDJOE Blue Gold Bogoso Prestea Limited has pushed back against the Ministry of Lands and Natural Resources' recent announcement regarding the termination of the mining lease for FGR Bogoso Prestea Limited. In a statement released company, Blue Gold expressed surprise at the news, indicating that it had not received...