Oil fell more than 1 per cent on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. Expectations that a ceasefire agreement between Israel and Hamas could be in sight have grown following […] The post Oil falls for a third day
By Kwame Mensah General Secretary of Industrial and Commercial Workers Union (ICU-Ghana) has sent a warm fraternal greetings to all ICU members and the working class in general. Mr. Morgan Ayawine’s 2024 May Day Message was signed and released in Accra on behalf of ICU-Ghana. The message extended his fraternal greetings and solidarity in the to […] The post ICU
Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, is expected to commence the 2024 General Election campaign on Monday, April 29, 2024. In a press statement signed by the Director of Communications for the Bawumia Campaign, Dennis Miracles Aboagye disclosed that Dr. Bawumia will start the campaign with the Eastern Region. According to […] The post Bawumia begins 2024 election
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
The Rotary Club of Tarkwa has extended a helping hand to the Tarkwa Prisons, donating essential items to enhance the well-being of inmates, in a heartwarming display of compassion and community support. The donation which has become an annual ritual, comprised two blood pressure monitors, three infrared thermometers, medications, bags of water, toilet rolls, toothpaste […] The post Rotary
The Ghana Enterprises Agency (GEA) has reinforced its commitment to bolstering the Association of Ghana Industries (AGI) and the Association for Small Scale Industries (ASSI). Speaking at a short ceremony to hand over of funds and publicity materials to AGI and ASSI in support of the GEA and Mastercard Foundation Business in a Box (BizBox) […] The post Ghana
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
Franklin Cudjoe, the CEO of IMANI Africa, has expressed concern for the people of Ghana amidst the current challenges in the energy sector. In addition to the irregular power supply, Ghanaians are grappling with a rise in fuel prices. Fuel prices were raised by several Oil Marketing Companies (OMCs) on April 16, 2024, marking the […] The post Energy
The University of Energy and Natural Resources (UENR) has extended its gratitude to the Inspector General of Police, Dr. George Akuffo Dampare, for his personal intervention in addressing the recent robbery incident targeting students and lecturers on the Odumase-Badu road near Sunyani in the Bono Region. The incident, which occurred on Tuesday, 16th April 2024, […] The post Your
Kwadwo Nsafoah Poku, an Energy Analyst and member of the New Patriotic Party (NPP) has urged Ghanaians to refrain from politicising fuel prices. On April 16, 2024, several Oil Marketing Companies (OMCs) increased fuel prices, marking the second pricing window of the month. Investigations by Citi News at various OMC outlets showed a notable rise […] The post We shouldn’t
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […] The post Stanbic
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […] The post Don’t
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Energy analyst and Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has stated that the government did no wrong in renaming the AMERI power plants to Kumasi 1 Thermal Power Plant (K1TPP). He said the renaming of the Africa and Middle East Resource Investment (AMERI) plants to Kumasi 1 Thermal Power […] The post K1TPP: There’s absolutely
Ghana Airports Company Limited (GACL) is undertaking comprehensive maintenance of the cooling systems within Terminal 3, KIA. The objective of the exercise is to address condensation problems which cause leakages and also enhance the efficiency of cooling systems in the terminal. The maintenance works, which will be carried out in multiple phases have been scheduled […] The post
The car hummed softly as we navigated the familiar streets of Accra, the engine’s rhythmic purr serving as a backdrop to the heavy silence that hung between us. My passenger, a young boy, and one of my favourite nephews, slouched in the back seat, stared out the window with a distant look in his eyes, […] The post Dede Drives the Discourse:
Ranking member of the Mines and Energy Committee of Parliament and MP for the Yapei-Kusawgu constituency, John Abdulai Jinapor, has stated that the NDC will no longer countenance attempts by the Akufo-Addo-Bawumia government to rename projects commissioned under former President John Dramani Mahama. Mr. Jinapor’s comments follow reports that the government is set to commission […] The post Akufo-Addo
By Kestér Kenn KLOMEGÂH China and Russia have renewed their anti-Western confrontation during high-level meeting in early April 2024 in Beijing. China demonstrates greater readiness to team up with Global South to “promote reforms in the global governance system” while Russia vehemently confronts “Western-led bloc” during talks in Beijing. But both further pledged to strengthen multilateral strategic […] The post
By Samuel SAM In a bid to tackle climate change and its global impacts, the Centre for Culture and Environmental Conservation (CECECON), a non-governmental organisation (NGO), has been officially inaugurated at the Tamale Technical University (TaTU) in the Sagnarigu Municipality of the Northern Region. The organization aims to sensitise and advocate climate change awareness, in […] The post
The Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson, has accused the Ghanaian government of intentionally sabotaging the operations of the Tema Oil Refinery (TOR) to pave the way for its sale to Sentuo Oil Refinery Limited. Thompson alleges that this move is aimed at granting Sentuo Oil Refinery […] The post Government
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