Access to energy plays a critical role in economic development. But bad government policies have affected energy security in many developing countries.
CEO of the Chamber of Bulk Oil Distribution Company, Senyo Hosi is calling on the government to refurbish all existing petroleum tanks to position Ghana to be the petroleum hub in the sub-region.
Private Enterprise Federation, PEF has raised concerns over government's inability to establish an asset recovery institution to deal with nonperforming loans.
The Chamber of Petroleum Consumers (COPEC) will this week meet with the government to request a review of the increase in the Energy Sector Levies (ESLA).
Economist and Professor of Finance at the University of Ghana, Godfred Bokpin has described the breaches detected in the PDS concession agreement as an embarrassment to Ghana.
The Financial Intelligence Center in Ghana has written to all Rural Banks and Savings and Loans companies to immediately freeze all accounts belonging to Power Distribution Services (PDS).
A new cocoa pricing mechanism announced by top growers Ivory Coast and Ghana earlier this month is causing cocoa costs to rise, a Mondelez International Inc (MDLZ.O) executive said on an earnings call with analysts on Tuesday.
Minister for Information Kojo Oppong Nkrumah has said the government is yet to establish who exactly perpetrated the alleged fraud in the PDS concession agreement.
South African department chain Woolworths has pulled the plug on its Ghanaian business after closing its two stores there, in a second retreat from West Africa.
Securities and Exchange Commission (SEC) is investigating money managers for locking up as much as 5 billion cedis ($921 million) in risky investments they’re struggling to retrieve for clients.
