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Energy
Bondholders granted 3-day window to complete processes
Government has announced a window for bondholders to complete processes for tendering their bonds in response to the terms of exchange as amended pursuant to the second amendment.
A…
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Akufo-Addo appoints 4 new faces in ministerial reshuffle
KT Hammon, Asabee, Bryan Acheampong, Stephen Amoah to be vetted
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Premix fuel subsidies hit GH₵264.8m in 2022
Government has spent GH₵264.8 million (GH₵264,843,380) as subsidies on premix fuel to cushion fishermen across the country in 2022.
GH₵1.4bn subsidies in 9 years
This brings the…
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Ghana to build second gas processing plant at a cost of $700m
A second Gas Processing Plant (GPP Train 2) estimated to cost $700 million is expected to be completed within 24 months.
Ghana National Gas Company (GNGC) signed a Project…
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Gold for oil programme explained in 14 points
The implementation of the government's Gold for Oil (G4O) programme commenced with the arrival of the first consignment of about 40,000 metric tonnes of diesel on January…
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DDEP: Individual bondholders offered improved terms
The deadline for the Domestic Debt Exchange (DDEP) programme has been extended for the fourth time, to February 7, 2023, after revising the DDEP with corporate stakeholders.
The…
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NPA sanctions four OMCs for illicit trading
The National Petroleum Authority (NPA) has sanctioned four Oil Marketing Companies (OMCs) for engaging in illicit third-party trading and unlawful lifting of petroleum products.…
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PURC says new tariffs increase is to prevent power outages
Regulator of utilities in Ghana, the Public Utilities Regulatory Commission (PURC), has increased the tariffs for water and electricity for all consumer groups for the first three…
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Public sector workers get 30% base pay increment for 2023
Government has agreed to increase the base pay on the Single Spine Salary Structure by 30% for all public sector works.
This comes after several negotiations it had with Organized…
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NPA revokes licenses of 30 OMCs for non-compliance
The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the Authority on the…
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