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THE Ghana National Petroleum Corporation (GNPC) has officially commenced the decommissioning of the Mr Louie Platform in the Saltpond Oil Field which is estimated to last 12 months. Being the first decommissioning project of its kind in…

Deputy Finance Minister Kwaku Kwarteng has revealed that government may struggle to pay salaries should Parliament refuse to pass a $1 billion Afreximbank loan agreement. According to the chairman of Parliament’s finance committee, the…

Resorting to borrowing or seeking funds elsewhere has always been a daunting task for any government or developing country. For many, that would never be an option, but for some, once the reasons or rationale meets the eye, that…

The ARB Apex Bank PLC is seeking to raise GH₵25million additional shares in five years to bolster its capital base, and among others, implement some policy initiatives while being able to lend to rural and community banks (RCBs). The…

THE Institute of Economic Affairs (IEA) has said that a new approach is required to manage inflation in the country due to the strong supply and cost undercurrents. The institute said the new approach required the Bank of Ghana…

Libya will begin loading oil for export on July 20 after the force majeure was declared lifted following an intense battle for control of the National Oil Company (NOC) last week.  The Government of National Unity (GNU), led by interim…

Mining giant BHP has joined rival Rio Tinto Group in signaling more turbulence to come for commodities producers as costs balloon and demand for everything from iron ore to copper hits headwinds. The world’s biggest miner warned Tuesday of…

The Ghana Ports and Harbours Authority (GPHA) has clarified that the original concession agreement between the Meridian Port Services Limited (MPS) and the Authority did not include 20 percent containerised traffic share. According to…

The Trade Union Congress (TUC) is demanding what it calls the total overhaul of the Social Security and National Insurance Trust (SSNIT). This, they say, is due to the disparities in the pension scheme and the low pension premium paid to…

In this era of fourth industrial revolution, Ghana must take advantage of the $11.5 trillion global digital economy, representing 15. 5 per cent of the global gross domestic product (GDP) to spur growth and job creation, Vice President…