To ensure that the country’s hydrocarbon resources are used to deliver prosperity, there must be good governance as well as implementation of petroleum laws to the letter, the Public Interest and Accountability Committee (PIAC) has said.
Ghana began commercial production of oil in December 2010; but 10 years down the...
Ghana Cocoa Board (COCOBOD) has rolled out a rehabilitation programme for cocoa farms affected by the swollen shoot disease in the Western North Cocoa Region.
As part of the rehabilitation exercise, COCOBOD has directed all diseased cocoa trees to be cut down for re-planting with new hybrid cocoa seedlings.
Cocoa production...
Parliament has approved US$ 1.3 billion loan facility from a consortium of banks and financial institutions to finance the purchase of cocoa for the 2020/21 crop season by the Ghana Cocoa Board (Cocobod).
The loan would be used to purchase an estimated 900,000 metric tonnes of cocoa beans from farmers...
The Chief Executive Officer of the National Petroleum Authority, Alhassan Tampuli, has said all challenges identified in the piloting of the Cylinder Recirculation Model (CRM) will be addressed before full implementation.
“In recent times, we have had calls by some industry players to halt the implementation of the CRM pilot...
Hiroshima after the US military dropped the atomic bomb on 6 August 1945. Peace Memorial Museum
This year marks the 75th anniversary of the bombing of Hiroshima and Nagasaki by the US in 1945, the only time in history that nuclear bombs have been used.
The atomic bombs killed tens of...
According to the Congressional Research Service (CRS), measures of economic performance in the refining industry usually begin with the gross margin, referred to as crack spread. The gross refining margin is a simple, first approach to refinery profitability. It is computed as the total revenues from product sales minus...
Africa’s path to building prosperity is at the core of the continent’s development narrative. For over half a century, we have been trying to figure out what our way out of poverty and underdevelopment should be. Still, the struggle remains. Why might that be? Simply put, there are a...
The Law Students’ Union of the University of Cape Coast has presented two separate citations; one in honour of GOIL Company Limited and the other for the Managing Director and Group Chief Executive of GOIL, Mr. Kwame Osei-Prempeh, in appreciation of sponsorship for the union’s Law School events and...
Chocolate fans will not necessarily benefit from predictions of a fall in cocoa prices this year. A Reuters poll of London cocoa futures published on Monday forecast cocoa would cost 10% less at the end of the year because of rising production and a hit to demand from the...