June 25, 2024, marked the beginning of the 2024 Africa Energy Forum (AEF) in Barcelona, Spain. The forum provides a platform for Ghana to showcase its investment potential in the energy, infrastructure, and industrial sectors. At a Ministerial Roundtable, African Energy Ministers, including Dr. Matthew Opoku Prempeh, discussed “Energy Systems […]
Business
NPRA Directs SSNIT to Suspend Sale of Hotels to Bryan Acheampong
The National Pensions Regulatory Authority (NPRA) has instructed the Social Security and National Insurance Trust (SSNIT) to halt the sale of four of its hotels to Bryan Acheampong, the Minister for Food and Agriculture. The NPRA’s directive is aimed at allowing further investigation into the matter. In a letter addressed […]
Finance Minister Announces GHS1.5 Billion Compensation for Banking Sector Cleanup Victims
In a recent town hall meeting in the United Kingdom, Finance Minister Dr. Mohammed Amin Adam revealed that the government will release GHS1.5 billion to compensate individuals affected by the banking sector cleanup. The funds will be distributed from now until October. Dr. Adam emphasized that although the government is not responsible for individuals’ […]
GNPC to Drill Stratigraphic Wells in Voltaian Basin
The Ghana National Petroleum Corporation (GNPC) is set to drill two stratigraphic wells in the Voltaian basin, a move aimed at gathering geological data to determine the presence of a petroleum system with potential oil reserves. The first stratigraphic well is expected to be operational by the end of the […]
Freddie Blay’s Son Bid $150-200M for SSNIT Hotels, Surpassing Bryan Acheampong’s $61M Offer
In a stunning revelation, former NPP National Chairman Freddie Blay has disclosed that his 34-year-old son, Kwame Blay, submitted a bid of $150-200 million for seven SSNIT hotels, surpassing the $61 million offer made by Agriculture Minister Bryan Acheampong, who ultimately acquired the hotels. Blay’s son’s bid was rejected, despite […]