The 2024 Ghana International Petroleum Conference (GHIPCon) is set to take place from July 17-18, 2024, at the Accra Marriott Hotel. Organized by the National Petroleum Authority (NPA) in collaboration with the Chamber of Bulk Oil Distributors (CBOD) and the Association of Oil Marketing Companies (AOMC), under the auspices of the Ministry of Energy, GHIPCon … Read more
The 2024 Ghana International Petroleum Conference (GHIPCon) aimed at addressing critical issues and exploring opportunities within the petroleum downstream sector is scheduled for July 17-18, 2024, in Accra. It is being organised by the National Petroleum Authority (NPA) in collaboration with the Chamber of Bulk Oil Distributors (CBOD) and the Association of Oil Marketing Companies … Read more
Yields on Treasury bills (T-bills) witnessed a downward trend in the latest auction, as the government fell short of its target this week by some GHS232.7 million. The latest data from the Bank of Ghana shows that investors displayed reduced interest in T-bills during the latest money market auction – submitting bids totalling GH¢4.48 billion … Read more
Advertisement Stabilising the Cedi with the cash received from the International Monetary Fund (IMF) is not sustainable, the Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwaye has said. To him, Ghana must rely heavily on its natural sources for foreign exchange to stabilise the local currency. In order to utilise … Read more
GCB Capital has indicated that the short-term inflation outlook is uncertain despite ongoing disinflation. While the firm anticipates the disinflation trend to persist in the second half of 2024, inflation levels remain high. In June 2024, inflation decreased to 22.8%. However, GCB Capital expects that increased cedi liquidity, driven by the election momentum in the … Read more
The Chamber of Petroleum Consumers (COPEC) has predicted a 4% rise in petroleum product prices in the next pricing window, effective Tuesday, July 16, 2024. According to COPEC, indications across the downstream petroleum market show that the pump retail prices of all three products – Petrol, Diesel, and LPG – will increase on Tuesday. In … Read more
Elikplim Kwabla Apetorgbor Advertisement To help Finance Minister Dr Mohammed Amin Adam provide a more accurate and reliable picture, regarding the debt of the Independent Power Producers (IPPs), he should offer a detailed breakdown of the ‘so-called US$1 billion that he said the government has restructured, including all PPA-related claims, Chief Executive Officer of the … Read more
Finance Minister Advertisement Chief Executive Officer of the Chamber of Independent Power Producers, Dr Elikplim Kwabla Apetorgbor, has said that the pronouncement by Finance Minister Dr Mohammed Amin Adam that the government has restructured the Independent Power Producers (IPPs) One Billion Dollars arrears, is questionable. He says that the minister’s comment oversimplifies the underlying financial … Read more
Enyonam Apetorgbor is a Financial Analyst Advertisement Women in Ghana have historically faced significant barriers in accessing financial resources, limiting their economic potential and contributions to national development. Former President Mahama’s recent promise to establish a Women Development Bank is a strategic initiative aimed at addressing these disparities and empowering women entrepreneurs. This move has … Read more
Advertisement The Board of Atlantic Lithium Limited has announced that a member of their workforce was fatally injured yesterday in an incident whilst working at the Company’s Ewoyaa Lithium Project site in Mankessim, in Ghana’s Central Region. Site activities have been suspended and we will provide additional updates as appropriate, the Board said. The appropriate … Read more