The Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has announced that his outfit has completed all processes required to launch the Cocoa Farmers Pension Scheme, pending presidential approval.
The scheme will be managed by the National Pensions Regulatory Authority (NPRA), and will establish a new system that...
The attention of the National Petroleum Authority (NPA) has been drawn to a press conference organised by the Ghana National Petroleum Tanker Drivers Union (GNPTDU) on Monday October 19, 2020.
Their grievances centred on five issues as listed below:
National Petroleum Authority (NPA) should approve the 86 Gas filling station...
MTN Foundation has invested a total of US$15 million in 150 projects in Ghana over the past 12 years. These investments cover areas such education, healthcare and economic empowerment.
On education, the foundation has 87 projects and these are on Information Communications Technology (ICT), dormitories for some Senior High Schools,...
Contrary to high expectations of Stakeholders in Ghana’s forestry sector, the scheduled issuance of the country’s first Forest Law Environment Governance Trade (FLEGT) licences or Timber Legality Licences in December 2020 will not happen. This is because the country’s state of readiness for the licenses to be issued is...
Government is expected to accrue US$1.56billion as export tax from a US$60billion investment into the establishment of the Petrochemical Hub in the Western Region, a report of the select committee on Mines and Energy on the Petroleum Hub Development Corporation Bill. 2020 has revealed.
According to the report presented to...
...says delays deny state of much-needed revenue
The Africa Centre for Energy Policy (ACEP) has urged government to review exploration contracts of companies that have failed to invest in their oil blocks.
In all, about 12 oil agreements, awarded prior to 2016, are said to be idle. The delay in exploring...
Over 98 contracts worth more than US$389million which were awarded by Aker Energy, AGM, Eni, GOSCO and Springfield from the last quarter of 2019 to the first quarter of 2020 in the upstream sector were cancelled due to the COVID 19 pandemic.
The cancellation of these contracts such as the...
As part of the nation's nuclear energy journey, the government, through the Nuclear Power Ghana (NPG), has procured three Seismic Monitoring Equipment to install at the nation’s four probable site for the establishment of the first nuclear plant, which would be the biggest energy investment since the building of...
…as it inaugurates community-based committees
The Ghana Integrated Aluminum Development Corporation (GIADEC) is soon expected to conclude the process for selecting new strategic partners for bauxite mining in Kyebi, Awaso and Nyinahin, the Chief Executive of GIADEC, Michael Ansah, has said.
This comes as the company has reached the final...
The Ghana Cocoa Board (COCOBOD) has said it will spend US$250million on rehabilitating cocoa farms over the next three years.
The country is seeking to cut down and replant diseased and over-aged cocoa farms under a cocoa rehabilitation programme launched by President Nana Addo Dankwa Akufo-Addo last month. About 40...