Although some progress has been made in promoting local content in the oil and gas industry, much more is needed to indigenise the sector, General Manager-Engineering at state-owned Ghana National Petroleum Corporation (GNPC), Victor Kofi Sunu-Attah, has said.
After 15 years since discovery of hydrocarbons in commercial volumes and more...
The Ashanti Regional Chairman for the Association of Ghana Industries (AGI), Kwasi Nyamekye, has said that cost of power, high interest rates and difficult access to finance can be major hindrances for local manufacturers to compete favourably in the Africa Continental Free Trade Area (AfCFTA).
According to him, these elements...
Tullow Oil Plc is optimistic of completing its merger with Capricorn Energy before end of year.
In its half-year report, Tullow said it will host a Capital Markets Day for investors and issue a circular and prospectus in connection with the recommended merger in the fourth quarter, ahead of a...
… market poised to reach US$200billion by 2030
As businesses seek to expand into various markets, the growing demand and availability for shared, flexible office spaces will prove a critical element in success of the African Continental Free Trade Area (AfCFTA), Founder and Chief Executive Officer (CEO) of AfricaWorks, Gregoire...
A member of the Committee on Foreign Retail Trade, who is also Director for Investment at Ghana Investment Promotion Centre (GIPC), Edward Ashong Lartey, has advised foreign traders, especially Nigerian traders, to register with the centre to prevent stringent sanctions from authorities.
According to him, Nigerians who refuse to register...
The National Association of Sachet and Packaged Water Producers (NASPAWAP) has announced an upward increment in the prices of sachet and bottled water effective Monday, September 19.
The price reviews have been necessitated by the rising cost of inputs such as fuel and packaging materials which are mainly imported as...
This September 16 will mark 30 years since ‘Black Wednesday’, when the British pound was ignominiously ejected from the exchange rate mechanism (ERM) of the European Monetary System. Not all anniversaries are occasions for celebration. This one certainly is not.
Black Wednesday was ‘a day of disaster’ from which Prime...
“If the townspeople are happy, look for the chief.” – Liberian proverb
A career coming to a standstill, economic privation, fear of unemployment, and a competitor who is determined to take the market share of your organisation; these are some of the challenges employees face day in, day out. Whether...
Indebtedness within the Ghanaian market poses a severe challenge to creditors/lenders and businesses trying to grow their investment portfolios.
Debt recovery has always been challenging for individual lenders, financial institutions and other businesses alike. Notwithstanding the challenges in recovery of debt, businesses cannot do away with credit finance and other...
