By Joshua Worlasi AMLANU Ghana’s cocoa sector is set to receive a significant boost in the coming years, with rehabilitated farms projected to add over 200,000 metric tonnes to the nation's annual cocoa production. This development was highlighted by Chief Executive Officer-Ghana Cocoa Board (COCOBOD) Mr. Joseph Boahen Aidoo, during a...
By Juliet Aguiar DUGBARTEY, Nawule President Nana Akufo-Addo has officially broken ground for commencing the first phase of Ghana’s Petroleum Hub development in Jomoro, Western Region. This move marks the start of a significant project aimed at boosting the nation's oil and gas industry. The Petroleum Hub project - which consists...
By Festus William AMOYAW In 1990, the Government introduced Liquified Petroleum Gas (LPG) into the Ghanaian market. The LPG was part of the output of Tema Oil Refinery (TOR) and an opportunity to improve access to clean cooking fuel. The initial phase was in Accra and the business model was...
While the Royal Ghana Gold Refinery's inauguration is considered a major development for the country, it is unlikely to be the panacea for stabilising the cedi, Dean-University of Cape Coast (UCC) School of Business, Professor John Gatsi, has said. The commentary follows recent remarks by Vice President Dr. Mahamudu Bawumia...
GOIL has re-introduced SUPER XP, the company’s Ron 91 grade fuel at a symbolic unveiling ceremony at its Burma Camp station in Accra. The reintroduction adds to the already popular Super XP 95 premium grade fuel already being sold. The re-introduction is expected to give quality choices to consumers to...
… underlines investment in domestic LPG infrastructure Quantum, Sage and Arch Holdings Limited, has moved to clarify its ownership structure, vehemently denying recent media reports mischaracterising it as a foreign entity. The company insists it is a homegrown business with a deep-rooted commitment to the nation and active participation in the...
The Ghana Cocoa Board (COCOBOD) invested nearly a billion cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot diseases to help increase national production in the short- to medium-term. The amount adds to similar spending in previous years to replace farms attacked by the virus,...
By Kizito CUDJOE A US$100million state-of-the-art gold refinery - Royal Ghana Gold Refinery (RGGR) - is set to transform the country’s gold industry by boosting value addition. Currently, a large portion of locally produced gold is exported in its raw form. The new facility is therefore viewed as a significant step...
By Joyce HANSON A Texas federal judge has slapped sanctions against an African energy company after finding that it lied in Ghanaian court about a discovery dispute related to a case in Ghana, saying attorney fees and costs are appropriate in relation to several proceedings. U.S. District Judge Keith P. Ellison...
By Kizito CUDJOE Domestic gold exports soared to unprecedented levels in first-half 2024, driven by a surge in gold prices and increased production from both small- and large-scale miners. According to Chief Executive Officer (CEO)-Minerals Commission, Martin Ayisi, gold exports accounted for 54 percent of total export - amounting to US$5billion...