For years now, cocoa farmers income from the sector has kept decreasing while the cost of production and living has kept increasing. Cocoa farmers, who ignited an industry worth over £131bn, are unable to afford the quality of life enjoyed by even the lowest-paid person working in the cocoa...
After falling significantly in 2020, oil prices have returned to pre-pandemic levels The rise has been driven by OPEC+ production cuts and an improving economic climate Higher prices are likely to support a rebound in oil-producing emerging markets Further virus outbreaks or increased production would pose challenges to...
So Energy, a leading oil marketing firm and Sahara Group’s subsidiary, has again enhanced customer access to unique service experience by officially opening he So Kojokrom Station, located on the Takoradi highway in the Western Region of Ghana. The new station, beautifully presented in the modern and vibrant colours of...
The West African Gas Pipeline Company Limited (WAPCo), owner and operator of the West African Gas Pipeline (WAGP), has indicated that the improvement in bi-directional flow and significant reliability of gas supply from Nigerian gas has boosted its role as a reliable partner in meeting cleaner energy needs of...
says economy being exposed to huge financial risk Government needs to make drastic change to its policy on gas in order to reduce the huge financial risk it exposes the economy to, Executive Director of Institute for Energy Policy (IES), Nana Amoasi VII, has advocated. The country pays around US$700...
The economy recorded a trade surplus of US$2billion last year, equivalent to 3 percent of Gross Domestic Product (GDP), on the back of strong gold prices, according to latest Bank of Ghana (BoG) data. The country raked in a total US$14.45billion from its exports against total imports valued at US$12.43billion...
Vivo Energy Ghana, the Shell Licencee, has announced the biggest fuel portfolio launch ever in Ghana. The entire new Shell fuels portfolio (Shell V-Power, Shell FuelSave Unleaded and Shell FuelSave Diesel) is now designed to enhance engine efficiency, as Shell’s new fuels contain exclusive Dynaflex Technology. This new formulation helps clean...
Analysis of petroleum product prices on the local market over the decade show that petroleum products, specifically Gasoline and Gasoil have quadrupled in price. Over the past decade (2010-2019), Ghana has seen a 347 percent increase in price of Gasoline (Petrol) and a 338 percent increase in Gasoil (Diesel)...
Since commencing operations in 2009, ZEN Petroleum has experienced a markedly consistent and substantial market growth, having achieved enviable status as one of the top 4 Oil Marketing Companies (OMC) in Ghana. Led initially by its business in delivering fuel to mines, ZEN now builds from that solid base and...
As part of efforts to encourage the consumption of chocolate, the Ghana Cocoa Board (COCOBOD) has launched the 2021 National Chocolate Week. The 2021 edition, which is under the theme: “Eat Chocolate; Stay Healthy; Grow Ghana”. will start from February 8 and will climax on Valentine’s Day, which is the 14th. COCOBOD...