The Public Interest and Accountability Committee (PIAC) has expressed worry over the whereabouts of petroleum cash given to organisations like the Microfinance and Small Loans Centre (MASLOC), Venture Capital Trust Fund, and Exim Guarantee Fund. In its Composite Report on District Engagements and Project Inspections, covering the period 2011 to...
The Chamber of Petroleum Consumers Ghana (COPEC) are calling for an audit of the Bulk Oil Storage and Transportation (BOST) over claims that the company is reeling under debt and ‘bad management’. “We are by this encouraging authorities whose mandate it is to protect the public purse to strenuously audit...
 “What's the brain surgery in making chocolates? The price of cocoa beans always falls, but never the price of chocolates” Around the world, chocolate in all shapes and sizes symbolise Easter and bring joy to millions of kids and adults alike. And the demand for chocolate will most likely continue...
Despite an extended government ban on illegal mining and deployment of a joint task force to curb the menace, ‘galamsey’ activities along communities on the River Pra are still prevalent and slowing down efforts to help regain Ghana’s depleting fish stock. David Koomson, the Shama District co-management committee chairman said,...
A protocol that will ensure that the country protects the intellectual property of its genetic resources and reduce the risk of bio-piracy has been adopted by Parliament. Bio-piracy is the creation of biological products from native species without consent or compensation to the country of origon. According to a report of...
As impressed on the populace by President Nana Akufo-Addo, in order to achieve a Ghana beyond aid, the country needs to change the structure of its economy from one that mostly produces raw materials to one of value addition. At a one-day cocoa-investors’ forum that brought together key players in...
Ghana has singed a new Strategic Partnership Agreement with Cote D’Ivoire, which is aimed at addressing the challenges of the cocoa sector, called the “Abidjan Declaration.” Per the framework for the implementation of the Strategic Partnership Agreement, the two countries, are expected to end smuggling and help set an equal...
Despite having numerous legal provisions and industry reports all aimed at deepening transparency in the oil and gas sector, these are yet to lead to any meaningful accountability, lamented the co-chair of GHEITI, Dr. Steve Manteaw. Speaking at a stakeholder forum on Ghana’s Beneficial Ownership Disclosure (BOD) process, organised for...
Minister for Energy, Boakye Agyarko, has indicated that government managed to scale-down the cost for construction of the Ghana National Petroleum Corporation (GNPC) head office from an initial US$76m to US$20m. By negotiating the cost from US$76m to US$20m, government has now been able to make a US$56million saving on...
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though the global market worth over US$100billion. This, he said, calls for the need to increase domestic value-addition to enable the country, which is the second-largest global...