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Editors' picks

More needed to deliver the vision: An interview with David AMPOFO, CEO of the Ghana Upstream Petroleum Sector

Q: It’s a new year and what should Ghanaians expect from the oil and gas industry with regards to revenue to government, exploration and...
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The Bank of Ghana (BoG) has directed that retail investors who do not want to participate in the rollover of 182-day cocoa bills be paid their maturities which were due on Thursday, January 19, 2023.
Cocoa

COCOBOD Default: BoG directs banks to pay retail investors

Regulator surprised by retail investor participation recent auction undersubscribed by 90% The Bank of Ghana (BoG) has directed that retail investors who do not...
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Asante Gold Corporation
Companies

Asante Gold projects US$772m revenue in 2023; targets 400,000 oz of gold from Bibiani, Chirano

Asante Gold Corporation, a Canadian-based gold mining company, is forecasting a combined production of approximately 400,000 ounces of gold for 2023 from its Bibiani...
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The Ghana Cocoa Board (COCOBOD) has called for scrapping the 35 percent tax on small and medium-scale cocoa processing companies.
Cocoa

COCOBOD default further dampens investor confidence

unilaterally rolls over GH¢940m worth of bills Ghana Cocoa Board (COCOBOD) has defaulted on payments of its matured 182-day bill for the first time,...
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Business

Cocoa prices likely to move downward – ICCO

Cocoa prices are anticipated to move downward in major markets across the globe, as merchants and producers increased net selling positions over the Q1...
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NPA Oil Marketing Companies
Headlines

NPA sanctions 4 OMCs for illicit trading

The National Petroleum Authority (NPA) has sanctioned four Oil Marketing Companies (OMCs) for engaging in illicit third-party trading and unlawful lifting of petroleum products. Per...
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smugglers gold for oil
Editors' picks

Smuggling biggest threat to gold for oil policy – PMMC

The activities of smugglers remain a major threat to success of the country’s novel ‘gold for oil’ exchange programme, the Precious Minerals Marketing Company...
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Business

Oil and gas excellence awards held

The 1st Western Regional Oil and Gas Excellence Awards Ceremony has been held at the Akroma Plaza Hotel in the Western Regional capital, Takoradi,...
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Business

NPA revokes licenses of 30 OMCs for non-compliance

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the...
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Business

Gaps in gold for oil policy will be addressed – gov’t

The Ministry of Lands and Natural Resources has said concerns about the intended government initiative to purchase oil with gold from the country will...
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