Government Inaugurates Second Gas Processing Plant (GPP2) Implementation Committee
Government Inaugurates Second Gas Processing Plant (GPP2) Implementation Committee The government has inaugurated an implementation committee for the construction of Ghana’s Second Gas Processing... read more
2nd phase of the Sunon Asogli Project now set to commence in September
All is now set for work to commence on the second phase of the Sunon Asogli Power project in September. This is expected to add 360 Mega-Watts to the country’s energy mix. It would also add to the... read more
BoG to issue three year bond today
The Bank of Ghana (BoG) will today issue a three year bond to raise an amount of 400million Ghana cedis. It will be the second medium-term bond issued this year. The first was issued in February. The... read more
Shenzen China to build 700 MW coal plant in Ghana
Shenzen Energy Group China through its local partners Sunnon Asogli Power says it is prepared to invest about 1.5 billion dollars in a coal power plant to produce 700 megawatts of power if given the... read more
Energy Ministry cited in underhand dealings in sale of oil blocks
The Ministry of Energy has been cited in several underhand dealings with regards to the sale of oil blocks in the country. Ghana’s rich oil fields located in and around the Cape three point of the... read more
Central Bank measures not meant to frustrate investors – Veep
The Vice President, K.B. Amissah-Arthur, says the recent measures announced by the Bank of Ghana are not meant to frustrate investors. Rather, they are aimed at reducing over dollarization of the... read more
‘Pure’ water in Kumasi now 20 pesewas
Producers of Sachet water in Kumasi say the cost of producing the product has risen significantly, necessitating a rise in the cost of sachet water. To this end,the Sachet Water Producers Association... read more
Banking consultant says Gov’t rushed with the implementation of 17.5% VAT levy on banks
Banking Consultant and Head of the Osei Tutu Center for Executive Education and Research, Nana Otuo Acheampong says government erred in its approach to the announcement on the planned implementation... read more
Mahama releases GH¢10m to aid young entrepreneurs
The President, John Mahama has released GH¢10 million to assist the youth in Ghana to start up small and medium scale businesses. He made this announcement in a post on his Facebook page in which he... read more
Galaxy S5 fingerprint scanner hacked with glue mould
The fingerprint sensor on Samsung’s Galaxy S5 handset has been hacked less than a week after the device went on sale. Berlin-based Security Research Labs fooled the equipment using a mould it... read more
Google shares drop on worries over advertising income
Shares in Google have dropped 5% despite the technology giant reporting a first-quarter profit rise of 3%. Profits were $3.45bn (£2.05bn), but investors are preoccupied by Google’s inability... read more