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Government requires 50 billion dollars to establish a petroleum hub in Ghana, Energy Minister, Boakye Agyarko has disclosed. The Energy Minister asserted that government is responsible for raising 5 billion dollars, which is 10% of the investments, for basic infrastructure development. This, he admitted, has necessitated the need to create the conducive environment to attract investors. In August 2017, Mr ...

The recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is short-term and a reflection of a spillover from external developments, an official of the Bank of Ghana has said. Mr Steve Opata, the Director, Financial Markets Department, told a section of the media that changes in global financing conditions, due ...

Failure of the Volta River Authority(VRA) to pay some $500 million it owes the Ghana Gas Company is said to be having a toll on the production of gas in the country. The debt which has been lingering on for some years now, accumulated as a result of the supply of lean gas for power generation by the Gas Company. ...

A World Health Organization (WHO) report says there has been a marked decline in tobacco use since year 2000. Worldwide, 27 percent of the population smoked tobacco in 2000, compared with 20 percent in 2016. The report however, indicated that the reduction was not sufficient enough to meet globally agreed targets aimed to protect people from dying and suffering from ...

The founder of Ropheka Foundation, Dr Mary Dei-Zanga, has urged Ghanaians, especially the youth, to pay attention to their health, especially the liver. According to her, the organ performs over 500 functions in the body, hence the need to protect it. Speaking to the DAILY HERITAGE after the launch of the foundation and her book titled ‘The Liver: The Unsung Hero’ in ...

One hundred and one suspected Internet fraudsters and drug dealers believed to be the masterminds of major criminal operations at Kasoa and its surrounding communities in the Central Region have been arrested. The suspects, including foreign nationals, were apprehended on Wednesday by the Kasoa Divisional Police in separate swoops in four communities in the Kasoa area: Obom, Akweley, Adade and ...

’Government will come up with a policy to turn plastic waste into resources because we are not ready as a country to ban plastic now, Professor Kwabena Frimpong-Boateng has said. At the World Environment Day commemoration held in Accra on 5th June 2018, the Minister for Environment, Science, Technology and Innovation said there had been a lot of suggestions from ...

The Speaker of Parliament, Prof Mike Oquaye has tasked the Parliamentary Joint Committee on Environment, Science and Technology and Constitutional, Legal and Parliamentary Affairs to develop tools to fight environmental degradation. According to him, the joint Committee should recommend punitive measures for people involved in environmental degradation. He stated that the Joint Committee must undertake a thorough review of the ...

The Chief Executive Officer of the Petroleum Commission (PC), Mr. Egbert Faibille has touted Ghana’s stable political environment as one of the key factors making it a destination of choice in the upstream petroleum industry in Africa. The CEO indicated that the stable political and democratic environment and robust regulatory framework of the oil and gas sector pass as factors ...

The Ghana Railway Company Limited (GRCL) has begun rehabilitation works on the Accra/Nsawam railway stretch to improve safety on the rail lines. The rehabilitation project is estimated to cost GH¢15 million and is to improve the transportation situation in the city. In an interview on Tuesday, the acting Managing Director of the GRCL, Mr John Essel, explained that the rehabilitation ...