Officials of Customs at the Tema Port have detained a container suspected to be carrying firearms. They are to undertake a physical re-examination of the said container this morning [Friday]. Officers from Customs, the Bureau of National Investigations (BNI) and Port Security provided protection for the container overnight when it was detained Thursday night Graphic Online has gathered. Meanwhile, the officials have ...
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ENI discovers new oil field
The Italian oil giant, Eni, has made a significant gas and condensate discovery in the Cape Three Points Block Four (CTP-Block 4) offshore Ghana in the Western Region. The well, drilled on the Akoma exploration prospect, proved an estimated volume of between 550 and 650 billion cubic feet (bcf) of gas and 18 to 20 million barrels (mmbbl) of condensate. ...
Read More »Ghana: T3 Departure Hall now restricted to travellers, official business
Passengers with valid traveling documents, their escorts, and persons intending to do formal airport-related business will now be the only people allowed access to the Terminal 3 of the Kotoka International Airport. After the terminal building was opened for use, the departure hall is always busy with travellers, their escorts and persons who have no official business at the terminal ...
Read More »Illegal Chinese miners having field day – NPP MP
The Member of Parliament for Manso Nkwanta Joseph Albert Quarm has expressed disappointment in the commitment of state agencies in fighting the galamsey menace in the country. According to the legislator, there are still Chinese mining illegally in his constituency despite numerous reports he has personally lodged with the Operation Vanguard Anti-Galamsey force. “I am a member of parliament for ...
Read More »33 Chinese, 72 other foreigners arrested over galamsey in 2019 – Operation Vanguard
The arrest of 8 Chinese suspected illegal small scale miners in the last three weeks has brought to 33 total number of arrests involving Chinese nationals. The anti-illegal mining task force Operation Vanguard revealed that 72 other suspected foreign illegal miners have also been arrested this year, 2019. “Several patrols were conducted within various targeted areas from our Forward Operating ...
Read More »IMF identifies five threats to Ghana’s economy
The International Monetary Fund (IMF) has identified five major threats to Ghana’s ongoing economic recovery, which could significantly slow the accelerating growth rate. The Fund has presented them to government and other stakeholders in the form of a Ghana Risk Assessment Matrix which identifies the nature and sources of the risks, assesses their relative likelihood of their happening and their ...
Read More »Adjust cocoa price downwards – IMF advises government
The International Monetary Fund (IMF) has advised the government to adjust the producer price of cocoa to reflect changes in international cocoa prices. According to the IMF, the downward adjustment had become necessary because the Ghana Cocoa Board (COCOBOD) was grappling with a funding gap of GH¢1 billion due to the government’s inability to reduce producer prices paid to cocoa ...
Read More »Duties cut by half, don’t smuggle anymore – Customs boss warns
The Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Mr Isaac Crenstil, has cautioned traders and businesspeople against smuggling. Mr Crenstil noted that import duties have been reduced by 50 per cent and, therefore, does not see the need for any businessperson smuggling goods into the country. Speaking on the Executive Breakfast Show (EBS) on Class91.3FM on ...
Read More »Mahama’s regime caused GH¢23m financial loss in bus deal – MASLOC
The Microfinance and Small Loans Centre (MASLOC) has accused former President John Dramani Mahama and his erstwhile National Democratic Congress (NDC) administration of causing financial loss to the state. The former president is said to have chased the state the sum of Gh¢ 23,396,074.48 through the purchase of some buses in 2016. According to MASLOC, the stated loss is the ...
Read More »IMANI goofed; Ghana rather gains in Aker Energy deal – Amewu
Government says Policy Think Tank IMANI goofed when it sought to question portions of the contractual agreement it signed with and Aker Energy. “The contract area has seven discoveries namely pecan north, almond, cob, beech, pecan, paradise and hickory north. The first five are oil discoveries while paradise and hickory north are gas discoveries. “Aker Energy acquired the interest of ...
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