There is a lot of money in chocolate but the producers of the raw material see very little of it.
Last year the retail industry was worth $107bn (£78bn), according to one projection, but Ghana - the world's second largest cocoa producer - earned just around $2bn.
This is a familiar...
The Institute for Energy Security (IES) is predicting that the price of diesel at the pumps will reduce while petrol will remain unchanged for the second pricing window in April, 2021.
According to the institute, the prediction is based on a 2.40% decrease in price of the International Benchmark- Brent...
Tema Oil Refinery (TOR) has described as unsubstantiated claims made by Woodfields Energy that it is not withholding payments to the refinery.
In a release signed by its Corporate and Public Relations Manager, Kingsley Antwi-Boasiako, TOR said the management of Tema Oil Refinery has been drawn to a series of...
Puma Energy’s newly established Future Energies business launches 11 solar projects at its retail stations and a further three at Puma Energy’s terminals in Ghana.
The solar power generation at 11 of the 14 sites is supported by battery storage.
The combined solar and battery power systems in 14 service Stations...
Power transmission challenges
The current power transmission challenges could be resolved if government allows private sector participation in a more transparent manner, the Africa Centre for Energy Policy (ACEP) has said.
“Government should immediately convert to a transparent process to attract private capital into the distribution sector,” the energy think-tank advocated...
The Vice President, Dr Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System developed by the National Petroleum Authority (NPA) in Accra.
Launching the programme in Accra yesterday Dr Bawumia commended the NPA for leveraging on the government's digitization drive to create an innovative solution to a major...
Sunon Asogli Power Ghana Limited has expanded its operations into Freetown Sierra Leone where it is planning a 20MWp-50MWp Solar PV in one year and another 160MW to be known as Bengongor Hydro Power plant in four years.
The move, according to the country’s biggest Independent Power Producer forms part...
Woodfields Energy Resources Limited, a petroleum operating company, has emphatically stated that it is not indebted to the Tema Oil Refinery (TOR) as has been published in a section of the media. According to the company it has over the years been diligent with its payment schedule with TOR...
Prices of fuel on the domestic market will remain largely stable within April first pricing-window, the Institute of Energy Security (IES), has said.
The stability, IES explains, is due to factors including 2.05 percent decrease in price of the International Benchmark- Brent crude, 2.84 percent decrease in price of gasoil,...