Government must clarify its plans for the Saltpond oilfield, following the decision by Ghana National Petroleum Company (GNPC) to halt the de-commissioning process and keep a skeleton staff on the ‘non-operational’ oilfield, Prof. John Gatsi has said.
The Head of Department of Finance, School of Business at the University of...
Government is to issue a GH¢6billion bond to clear the remaining energy sector debt in March, 2018, Energy Minister Boakye Agyarko has confirmed.
“We will come back to market in March the balance of GH 6billion,” said Mr. Agyarko, who has consistently maintained that the half-decade of power rationing...
The Member of Parliament for Hohoe, Dr. Bernice Adiku Heloo, has appealed to the Council of State to collaborate more effectively with the legislature on matters of national concern in order to enhance the work of government.
She stated that Articles 90 and 91 of the 1992 Constitution has made...
The Ghana Ports and Harbours Authority (GPHA) has said it plans to extend the ongoing paperless clearance of goods at the country’s ports to cover exports and transit trade, even as it tightens processes at the imports section.
According to the ports operator, it intends to fully explore the paperless...
The central bank has maintained its policy rate at 20 percent amid growing concerns that inflation could drift further from the 8±2 medium-term target.
Speaking at the press meeting to announce the policy rate yesterday, Governor of the Bank of Ghana Dr. Ernest Addison said although inflation expectations appear to...
As many as eight bills are likely to be considered for ratification as Parliament resumes its fourth meeting today, after almost a month’s break.
Though the itinerary for this sitting is yet to be made known, B&FT has gathered that major business bills will be pushed through in this current...
The President, Nana Addo Dankwa Akufo-Addo, has charged ExxonMobil to replicate it high standards of operation in Ghana to enhance the competitiveness of the country’s oil and gas sector, urging Parliament to act expeditiously in approving the transaction set out in the country’s petroleum exploration agreement.
“We are determined to...
Although government saved around US$200million through procurement in the last 12 months, the country could have doubled that figure by institutionalising procurement, says Simon Annan, Chairperson of Chartered Institute of Procurement and Supply (CIPS) Ghana.
According to him, if government can appoint the right people to man relevant procurement departments...
The ARB Apex Bank is the first local bank to issue a domestic card that employs Europay MasterCard Visa (EMV) standards with CHIP and PIN for transactions to facilitate payments on the Gh-Link platform, the Chief Executive Officer of GhIPSS Achie Hesse has stated.
So far, 25 Automated Teller Machines...
Growing cryptocurrency transactions could disrupt the banking system and throw the Bank of Ghana’s (BoG), monetary policy regime out of order, Peter Quartey - Professor of Economics at the University of Ghana, Legon - has warned.
Cryptocurrency is secured digital representation of the money individuals use daily. With bank notes,...