Ghana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of Development – PoD expected to be submitted by the Jubilee Partners. This, the Corporation says is crucial to facilitate the purchase of a mooring equipment required to offload crude oil from the FPSO. Currently, GNPC is no longer be capable […]
The Atwima-Nwabiagya District Assembly moved to seize a number of equipment use by illegal gold miners in a special operation at Asakraka and Amadum-Adankwame communities, during weekend. This included drilling machines, gallons of fuel and digging implements like pickaxes and shovels. The exercise by a team of police officers, officials of the assembly and the […]
In a tacit expression of how he intents to reform and transform the country’s Oil and Gas sector to ensure efficiency, the President Nana Addo Dankwa Akufo-Addo is reported to have settled on some three names which he trusts could help him effectively deliver and provide transparency and efficiency in that strategic sector. Personalities close […]
Anglogold Ashanti will hold back on job cuts announced last week and will instead redeploy most of the workers within the firm, the National Union of Mineworkers (NUM) said on Tuesday. “We have reached an agreement with the company that the majority of the 849 workers will be redeployed in other parts of Anglogold, and […]
ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per ounce – a 4% decline assuming the better end of guidance is achieved. Commenting in its preliminary fourth quarter and year-end production figures, the UK-listed gold producer said the higher anticipated […]
Mrs. Charlotte Osei- EC Boss Some twenty three persons have so far picked nominations to contest for council of state membership for the Ashanti region. The Electoral Commission (EC) opened nominations on Thursday January 20, 2017 and set Thursday January 26, 2017 as deadline for filing. Speaking to Ultimate News’ Ivan Korshie Heathcote – Fumador on Tuesday, […]
President Nana Akufo-Addo has named ten persons to serve as regional ministers, pending parliamentary approval. The list includes Simon Osei-Mensah for the Ashanti Region, Ishmael Ashittey for the Greater Accra Region, and Salifu Saeed for the Northern Region. Find below the list of ministers Sulemana Alhassan, Upper West Region Kwamena Duncan, Central Region Dr. Kwaku Afriyie, Western Region, MP […]
The Management and the Parent-Teacher Association (P.T.A) of Mawuli Senior High School School at Ho in the Volta Region is pleading with government to intervene in finding a lasting solution to the water challenges in the school. There is a severe water shortage in the school due to the indebtedness of the school to the […]
The Bank of Ghana has told Citi Business News it will strictly abide by any agreement reached by the government and the International Monetary Fund (IMF) on the financing of government’s budget deficit. It follows a review of the extended credit facility by the IMF and government, in February. Governor Dr. Abdul Nashiru Issahaku believes […]
Algeria coach Georges Leekens has resigned following the team’s early exit from the Africa Cup of Nations. The Desert Foxes were one of the pre-tournament favourites but were knocked out of the finals on Monday after failing to win a game in Gabon. “For the good of all I decided to quit even though I […]
U.S. President Donald Trump on Tuesday signed an executive order to advance controversial Keystone XL and Dakota Access pipelines. Trump told reporters that the United States “are going to renegotiate some of the terms” of the Keystone XL project. Building Keystone XL project can create “a lot of jobs, 28,000 jobs, great construction jobs,” said […]
President Akufo-Addo has appointed Joseph Anokye as acting Director General of the National Communications Authority. An appointment letter signed by Communications minister-designate Ursula Owusu Ekuful said: “On behalf of his excellency Nana Addo Danquah Akufo-Addo, the President of Ghana, I wish to inform you of your appointment as acting director general of the National Communications Authority […]
Former President John Dramani Mahama left a poorer economy than anticipated by the New Patriotic Party, according to President Akufo-Addo. “We have inherited an economy in poor shape and I suspect from what I’m hearing, the evidence that is coming to me that it is in even poorer shape than we anticipated,” the president said […]
Kenya’s top telecom operator Safaricom recovered Tuesday to trade 12.4 million shares at a high of 0.19 U.S. dollars, boosting turnover at the Nairobi Securities Exchange (NSE) to 9.7 million dollars on a volume of 24 million shares. The telecom operator on Monday recorded its worst daily trading in years by moving a paltry 974,900 […]
The musical film “La La Land” received 14 nominations for the 89th Academy Awards on Tuesday, tying record by “All About Eve” in 1951 and “Titanic” in 1998. “La La Land” got nominations including for best picture, best actor and actress in leading role, best director and best original screenplay. It will compete for best […]
The decision by the Bank of Ghana to release about $120 million into the economy has been lauded by the General Manager of Gold Coast (GC) Brokerage as a step in the right direction. “That should in some way help stabilize the cedi, because the rate at which it is depreciating is quite alarming”, Afreh […]
Chinese disease control experts said that the public should stay on alert for H7N9 avian flu, which has caused at least nine deaths this year. H7N9 has entered its peak season and direct contact with live poultry remains the main source of infection, said a statement by Zhejiang provincial disease control and prevention center Tuesday. […]
The European Union (EU) would focus on five many priorities in its relations with Armenia in the coming months, said the head of the EU delegation to Armenia Piotr Switalski on Tuesday. In a meeting with the press, he said among those the most significant issue was that of pertaining to the electoral process in […]
South Sudan said Tuesday that it exported its first honey product last year, marking a breakthrough for its nascent honey industry. The Undersecretary for Industry in the Ministry of Trade and Industry, Elizabeth Manoa Majok, told journalists in Juba that so far about 1,500 small scale farmers had benefited from the honey industry. “We are […]
Three militants were killed in two separate gunfights with Indian troops Tuesday in restive Indian-controlled Kashmir, officials said. Two militants were killed during a gunfight at village Hadoora of Ganderbal district, about 20 km north of Srinagar city, the summer capital of Indian-controlled Kashmir. “Two militants affiliated with Lashker-eToiba (LeT) were killed today afternoon in […]
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