TOR, Ghana Gas owe GNPC $92m

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The Tema Oil Refinery (TOR) and the Ghana Gas Company together owe the Ghana National Petroleum Corporation (GNPC) over $92 million. TOR’s indebtedness is standing...

Oil nudges $50 a barrel as investors bet on shrinking overhang

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Oil rose towards $50 a barrel on Wednesday for the first time in seven months, driven by expectations that shrinking supply will help erode...

BoG needs to up game on supervision

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The Bank of Ghana (BoG) has been urged to intensify its supervisory role on the financial sector especially on the operations of microfinance companies...

PromoPerfect to promote Tampico for Ramadan

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Local marketing firm PromoPerfect Ghana Limited (PPGL) has said it intends promoting Tampico as a preferred drink for Muslims during the Ramadan period. The 30-day...

Chamber of Commerce welcome suspension of ‘killer’ electricity software

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The Ghana Chamber of Commerce and Industry (GCCI) has described as a step in the right direction, the Public Utility Regulatory Commission (PURC)’s decision...

Security services equipped to fight cyber crime

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The Administrator of the Ghana Investment Fund for Electronic Communications (GIFEC), Mr. Kwabena Akyeampong said government is equipping the security services with electronic gadgets...

OPEC daily basket price $44.77

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The price of OPEC basket of thirteen crudes stood at $44.77 a barrel on Friday, compared with $43.84 the previous day, according to OPEC...

Vodacom to discontinue M-Pesa in SA

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Following a thorough review, Vodacom will discontinue its M-Pesa product in South Africa with effect from 30 June 2016. Speaking about the decision, Shameel...