One of the driver unions in the country has rejected a 13% increase in transport fares approved by the Road Transport Operators on Wednesday, June 2, 2021.
A legal action by the Attorney-General, A-G has saved the state from paying more than GH¢1.2billion in judgment debt which was being claimed by NDK Financial Services.
A five-year analysis of procurement infractions in the public sector shows that the malfeasance cost the economy some GH¢11.8bn from 2015 to 2019, according to data obtained from the Ghana Institute of Procurement and Supply (GIPS).
The lead operator of the Offshore Cape Three Point (OCTP), Eni Ghana has assured that it is working with the relevant authorities in the country’s upstream petroleum sector to find a mutually acceptable solution to the unitization impasse with Springfield Exploration and Production to enable the country capitalise on the Afina discovery.
A claim by Minority MPs that one of the key players in Ghana’s oil and gas sector, Aker Energy, will soon follow Exxon Mobil to exit the country has been debunked.
Exxon Mobil’s exit from Ghana’s deep-water oil exploration is fast taking a political twist, primarily because Minority Parliamentarians are blaming President Nana Akufo-Addo’s government for the oil giant’s decision to pull out.
Exxon Mobil Corp. is pulling out of a deep-water oil prospect in Ghana just two years after the west African nation ratified an exploration and production agreement with the U.S. oil titan.
A company limited by shares construct produces an entity bestowed with legal personality, limited liability, transferability of shares, delegated management and investor ownership according to Reinier Kraakman.
