Category: Business
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Templars and Ampem Chambers partner to expand services in African market
Leading Nigerian law firm, Templars and Ghanaian law firm, Ampem Chambers, have announced a collaboration to launch a new law firm to be known as Templars in Ghana. The new firm will service clients across all sectors of the Ghanaian economy including mining, energy, infrastructure, financial services, education, franchising, telecommunications and fintech. It is also…
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Stakeholders push for development of national hydrogen policy
Stakeholders within the energy sector are pushing for speedy efforts toward developing a comprehensive national policy and a roadmap on hydrogen energy. This, Executive Chairman of the GMEA Group, Charles Laba, notes will activate the needed investment and business activity relating to hydrogen country as well as accelerate the country’s national energy and climate plan.…
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NPA directs OMCs to increase UPPF and BOST margin on fuel effective Dec. 1
The National Petroleum Authority (NPA) has directed Oil Marketing Companies and other industry players to increase the Unified Petroleum Price Fund (UPPF) and Bost margin on fuel effective December 1. A November 30 memo sent to the Oil Marketing Companies indicated that the firms were all to review the BOST Margin in their Price Build…
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Court of Appeal justifies BoG’s appointment of Nii Dodoo as Receiver of UniBank
The Court of Appeal on Thursday, December 1, 2022, held that the High Court was wrong in deciding that Bank of Ghana’s decision to appoint Nii Amanor Dodoo as Receiver of uniBank was wrong. It may be recalled that, in the civil case to recover over GHS 5.7 billion from Dr, Kwabena Duffuor and the…
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Fuel prices to go down by 10% – IES
The Institute for Energy Security, IES, is projecting prices of petrol and diesel to go down between 10% and 8% from Thursday, December 1, 2022. This, the IES attributes to the 13.45% fall in the price of gasoline, the 11.63% fall in the price of Gasoil, and the 1.88% fall in the price of LPG.…
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Cities and Habitats honoured at the 14th Ghana Property Awards
Cities and Habitats, developers of the Planned Cities Extension Project emerged winners of the City Planned Extension Project of The Year 2022 award at the 14th edition of the Ghana Property Awards. The event, organized by Property Express, under the theme; “Sustainable Architecture in Ghana’s Housing Mix”, was held on Friday, 25th November, 2022 at…
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Edwin Provencal emerges petroleum CEO of the year 2022
The Managing Director of the Bulk Oil Storage and Transportation Limited Company, BOST, Edwin Alfred Provencal was named the Petroleum Sector Chief Executive Officer of the Year, 2021. The honour was bestowed on him at the Ghana Energy Awards which event was held at the Labadi Beach Hotel on Friday 25th November 2022. The Ghana…
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Tullow Ghana committed to skills transfer – Managing Director
Tullow Ghana has reiterated its commitment to skills transfer and the actualisation of the dream of Ghanaian entities acquiring the requisite capacities to lead oil and gas activities with an organic team from Ghana to ensure rapid national development. Speaking during a panel discussion at the 2022 Local Content Conference and Exhibition in Takoradi, the…
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Gov’t to barter gold for oil – Bawumia
The Vice President, Dr. Mahamudu Bawumia, has hinted at a policy to use gold to make purchases of oil on the commodity market. Speaking at the AGI Awards night in Accra, Dr. Bawumia said this barter of sustainably mined gold for oil is key in addressing the economic crisis confronting the country. The cedi depreciated…
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BoG wins African Corporate Governance Network Governance Institution of the year award
Bank of Ghana has been honoured at the 2022 African Corporate Governance Network (ACGN) Directors’ Awards, held virtually on Thursday, 17th November 2022. The Bank won awards in two categories and was recognised as suitable for celebration as a Doyen of Business Excellence. Bank of Ghana won the Corporate Governance Institution of the year award…