Indigenous Ghanaian Oil and Gas companies operating in the upstream sector are looking to liaise among themselves to increase the local content participation in the sector. Albeit there exist the LI 2204 which requires International Oil and Gas to cede...
Over forty Ghanaian registered Oil and Gas companies with the Petroleum Commission have been schooled and exposed to the latest technologies in the on going Oil and Gas trade mission in Scotland, Aberdeen. Speaking to the Media, Chief Executive Officer...
The Bank of Ghana has announced it appointed an advisor to the Sovereign Bank Limited in April 2018. According to the Central Bank, an advisor for Sovereign Bank has become necessary due to “some governance and capitalization challenges which needed...
Toyota Ghana Company Ltd (TGCL), has opened a brand new automobile branch facility in Takoradi in a bid to better serve its customers within the Sekondi Takoradi Metropolis and the Western and Central Regions at large. The facility located at...
More than 67 senior and junior staff of the Central University College have been sacked in what management claims is a general staff retrenchment. The affected staff were fired via text messages and given three-days to vacate their positions, a...
The Government under President Akufo-Addo in 2017 chalked an historic feat in the macroeconomic sector by achieving its Fiscal Deficit Target. This is the first since 2006. A visibly elated Dr. Alhaji Mahamudu Bawumia said the achievement was historic, expressing gratitude...
The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama has resigned from his post. According to StarrFMonline.com sources at the Central Bank, Dr. Asiama sent his resignation letter to the presidency last Friday. “I wish to submit my...
The idle Saltpond Oil Field is said to be heavily draining the country’s oil revenues. For instance, in the first six months of the year alone, about US$74,192.57 is reported to have been spent on the payment of the...
The government has served notice that Oil Marketing Companies found guilty in the illegal diversion of premix fuel will be banned. “We wish to note that preliminary checks have revealed that the perpetrators are made up of some Oil Marketing...
The Executive Director of the Institute of Fiscal Studies (IFS) Prof. Newman Kusi has described the 2018 Budget as a “Shopping list of Development”. He said next year’s economic statement is similar to the 2017 version with little addition and...

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