Accra, Ghana- As of July 1, 2024, Ghanaians will have to dig deeper into their pockets to purchase LPG, as prices are expected to increase by 5%. This hike is attributed to the cedi’s depreciation against the US dollar and the surge in international prices of finished petroleum products. The […]
Business News
Ghana Seeks Investment Opportunities at Africa Energy Forum 2024
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 […]
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 […]







