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Daily Archives: February 18, 2019

Russia detains U.S investor

Russia has detained the U.S. founder of the Baring Vostok private equity group in Moscow on suspicion of fraud, a Moscow court said on...

NPA to collaborate with Navy to fight fuel smugglers

The Chief Executive of the National Petroleum Authority (NPA), Mr. Hassan Tampuli says his outfit is committed to working with the various security agencies...

ECG loses GHc120, 000 to bushfires in two months

The Electricity Company of Ghana (ECG) in the Volta region has lost about GHc120, 000 between November 2018 and January this year due to...

GCAA sets up task force to investigate allegations of extortion, coercion at KIA

The Ghana Civil Aviation Authority (GCAA) has set up a task force to commence investigation into some reported extortion of money on passengers at the Kotoka...

CPC bemoans delay in US$3m stimulus package

Management of the Cocoa Processing Company (CPC) has expressed worry about the delay of a US$3 million stimulus package facility requested from the Trade...

Local rice to be certified

As part of activities to promote the quality of local rice on the market and ensure increase in patronage and consumption, measures are being...

Ghana’s 4th oilfield development plans begin next month

The next few weeks will be critical for Ghana’s medium term economic fortunes as Aker Energy concludes it’s drilling of two more appraisal wells...

Eastern, Central basins to see major dev’t this year

Effective this year, stakeholders in the upstream petroleum sector are set to pursue aggressive basin promotion in the Central, Eastern, Outer Continental Shelf and...

Petroleum funds earn US$15.75m interest

In 2018, Ghana’s Petroleum Funds (GPF) returned a net realized investment income of US$ 15.75 million compared to US$ 9.30 million in 2017. Ghana’s Petroleum...

NIC, enforces compulsory Fire Insurance regulations

Data released by the National Insurance Commission (NIC) has revealed that compliance with the compulsory fire insurance cover regulations is improving as complaints of...

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