Prime News Ghana

Today's Ghana Business, Banking and Economic news

Akufo-Addo commissions first oil from Jubilee South East Oil Field

President Akufo-Addo on Friday, September 8, 2023, commissioned First Oil from the Jubilee South East (JSE) Project, a project undertaken by Tullow, in collaboration with the Ghana National Petroleum Company (GNPC), Kosmos Energy, Jubilee Oil Holdings Limited, and Petro SA.

Gov’t expecting $1billion by year end

The Finance Minister, Ken Ofori-Atta has disclosed that the country could receive a billion dollars (US$1bn) before the turn of the year to support the central bank’s balance of payment through IMF second tranche, World Bank Development Policy Operations (DPO) assistance as well as Eurobond investors.

Government mulls NIB takeover by ADB

Government, in a bid to address the persistent financial tribulations besieging the National Investment Bank (NIB), has cast its gaze towards a potential takeover by the Agricultural Development Bank (ADB).

Trade Minister urges support for salt mining industry

The Minister for Trade and Industry, Mr Kobina Tahir Hammond, has admonished chiefs, opinion leaders and the youth to rally behind Electrochem Salt Mining Limited to spearhead the modernization of salt mining and processing in Ghana.

Cylinder Re-circulation model takes off

From September 1, 2023 the National Petroleum Authority as a Regulator will roll-out the National Cylinder Re-circulation Model at various outlets in the Greater Accra and Ashanti Regions.

Gold Fields reports 4% drop in gold output during H1

Gold Fields Limited produced 1,154,000 ounces (oz) of gold for the first half of 2023 – a 4 percent drop year-on-year (YoY) in production compared to 1,201,000oz in the same period of the previous year.