Senior Minister Yaw Osafo Maafo has expressed optimism that the recommendations that will be presented at the 2020 edition of the Ghana Economic Forum (GEF)will positively influenced government’s policies. Speaking at the Day Two of the Forum in Accra which focused on the energy sector, Mr. Osafo Maafo said the...
Employees and community members of Golden Star Resources’ (GSR) recently sold Bogoso Prestea Mine are petitioning the government to intervene in the mine’s sale due to inherent risks the deal poses to Ghanaian employees and the micro-economy of Prestea Huni-Valley Municipality. The employees are saying the deal if allowed to...
… Management reacts to workers demo seeking restructuring The management of the Tema Oil Refinery (TOR) has refuted claims by some workers that the company is being run down by the current Board of Directors and therefore they should be sacked. Some workers staged a protest on Wednesday, October...
This year’s National Farmers’ Day is being observed today owing to the fact that Ghana goes to the polls on December 7 to elect both the President and parliamentarians, though December 4 will still be observed as a public holiday. The B&FT uses this auspicious occasion to congratulate the country’s...
GOIL Company Limited has grabbed two prestigious awards at the 2020 Ghana Energy Awards and the Ghana Business Awards 2020. The highlight was the conferment of the ‘CEO OF THE YEAR- PETROLEUM’ category  to the  Group Chief Executive Officer and Managing director of GOIL,  Mr Kwame Osei –Prempeh at the...
On the night of Friday October 30, 2020, when the elite in Ghana’s Energy sector gathered to strut their stuff along the corridors of Movenpick Hotel, it was Ghana Grid Company that got the better of the lot. It was a fine evening of backslapping and award giving and...
Implementer of the Cocoa Life programme, Mondelez International, has introduced a new technology that seeks to help triple annual yields of cocoa production in Ghana To mitigate the effect of climate change on cocoa production in Ghana and help triple the country's annual yield, a new technology designed to supply...
Private sector actors in the oil palm value chain, when given the right knowledge and needed financial support, are able to influence policies that advance the development of the commodity in Ghana. Over the few years, the oil palm sub-sector has grappled with the lack of a national standard for the...
Some cocoa farmers in the Wassa enclave of the Western Region have resorted to proceeds they realise from trading-off portions of their farms to illegal miners in order to maintain their cocoa farms, the B&FT has gathered. Sources say the inability of farmers to raise substantial funds during off-seasons to...
For years, the oil industry drew in investors with sizable—and regular—returns. Even when oil prices fell, Big Oil found ways to keep paying dividends, even if it had to cut them, which happened only in extreme cases. Now, it is becoming increasingly clear that dividends—and profits—are no longer king....