By Kizito CUDJOE
Stakeholders in the oil and gas sector have called for urgent reforms to the nation’s legal, regulatory and fiscal frameworks to attract investments and reverse declining crude oil production. The call follows a two-day technical consultative workshop held in Accra.
In a communique, adopted and issued after the...
The Water Citizens Network and Revenue Mobilisation Africa have called for action against the devastating impact of illegal mining and corporate exploitation on Ghana’s environment and communities.
Marking the Week Against Water Privatisation, the two organizations condemned the environmental degradation caused by illegal mining, known locally as “galamsey,” as well...
By Isaac ANKRAH (Dr)
Africa’s development aspirations are unmistakably clear: industrialize, create jobs, and enhance its position in the global value chain. Yet, the path to rapid industrialization has often faced significant hurdles, marred by environmental degradation and a continued reliance on fossil fuels.
To make matters worse, green technology investments...
Bulk Energy Storage and Transportation Limited (BOST) and its Managing Director, Dr. Edwin Provencal, were recognized for their outstanding contributions to Ghana’s petroleum industry at the 8th Ghana Energy Awards.
BOST was named “Company of the Year – Petroleum,” while Dr. Provencal was awarded “CEO of the Year – Petroleum.”...
By Grace QUAYE
In a significant development for both its financial and cultural sectors, Ghana has introduced the Ghana Gold Coin, a new currency that represents more than just an economic tool—it is a symbol of the country's rich heritage, unity, and a tribute to the economic value of gold.
During...
By Bernard Yaw ASHIADEY
The government, it seems, has greenlit the sale of Newmont's assets to Chinese investors for a staggering US$1billion. This decision, ostensibly made for an additional US$150 million above what indigenous investors, backed by local funds offered, raises profound questions about the nation's economic strategy and its...
The President of the African Refiners and Distributors Association (ARDA) and Chief Executive Officer of the National Petroleum Authority, Dr. Mustapha Abdul-Hamid, has called for urgent action to address Africa's clean cooking crisis.
Dr Abdul-Hamid emphasized the critical need for LPG to replace traditional biomass fuels, such as wood and...
The Minerals Income Investment Fund (MIIF) hosted the highly successful second MIIF Stakeholder Conference at the Marriott Bonvoy Hotel on 15th October 2024.
The event, themed “Minerals Value Addition and Value Chain Development – Essential Tools for Ghana’s Development,” provided a crucial platform for discussions on enhancing Ghana’s mining sector...
By Nick OPOKU
Ghana is Africa's largest producer of gold and one of the world's largest. Gold plays a critical role in Ghana's economy; contributing nearly half of the country's exports in 2023, according to central bank data.
Illegal small-scale mining (galamsey), however, continues to wreak havoc on the environment,...
In response to the reported US$1billion sale of Newmont’s Akyem gold mine to China’s Zijin Mining Group, the Institute of Economic Affairs (IEA) is calling for significant constitutional amendments to safeguard the nation’s natural resources.
The IEA describes the deal as “flawed in several respects, inimical to Ghana’s interest and...