President commissions $2bn Sentuo Oil Refinery in Tema
President Nana Addo Dankwa Akufo-Addo has commissioned a $2billion oil refinery, Sentuo Oil Refinery Limited, at the Tema industrial hub.
Situated on a 100-acre land,...
Controller and Accountant General ‘swerves’ PAC after parliamentary primary defeat
Mr. Kwasi Kwaning-Bosompem, the Controller and Accountant General, on Monday, January 29, opted to avoid facing the Public Accounts Committee (PAC) following his recent...
Bank of Ghana MPC convenes for 116th meeting amidst calls for significant policy rate...
The Monetary Policy Committee (MPC) of the Bank of Ghana has commenced its 116th meeting for this year starting today, January 23, 2024. The...
Fitch Ratings projects upbeat 2024 outlook for Ghanaian banks post domestic debt exchange
Global rating agency Fitch Ratings has predicted a promising outlook for banks operating in Ghana in the year 2024. This encouraging forecast comes on...
TUC issues ultimatum to Government, demands withdrawal of VAT on electricity consumption
The Trades Union Congress (TUC) has issued an ultimatum, giving the government seven days to withdraw the imposition of Value Added Tax (VAT) on...
World Bank approves $300m disbursement to Ghana to strengthen macroeconomic stability, support resilient economic...
The World Bank has approved a $300 million Development Policy Operation for Ghana.
The approved $300m forms part of the First Resilient Recovery Development Policy...
Tullow Oil reports $1.6 billion revenue for 2023
Tullow Oil reported stellar fiscal year 2023 financials, boasting revenues exceeding $1.6 billion, inclusive of hedge costs amounting to $140 million. Despite market volatility,...
Tullow Oil to spend 60% of $250m capital expenditure on Jubilee Field
Tullow Oil is set to deploy approximately $250 million in capital expenditures for 2024, with a strategic allocation of around 60% directed towards bolstering...
Cedi records 2.2% value loss to dollar
In a challenging start to 2024, the cedi has faced a 2.2% depreciation against the US dollar, marking a notable decline despite the gains...
STATE OF THE NATION.
It is still early days for anyone to talk about the state of Ghana in the New Year 2024 but since the Government has...