Government commissions Brompton  Portfolio Limited under 1D1F

Government commissioned Brompton Portfolio Limited’s paper products factory on Tuesday 7th May, 2019 at the Nsawam Medium Security Prisons in the Nsawam Adoagyir Municipality.                  The Factory manufactures toilet rolls, tissues, paper towels and packaging products. The company has acquired modern machinery and equipment with the capacity to produce over 160,000 packs of tissue papers and […]

1D1F: Chinese firms to inject $400m -57 1D1F businesses already in operation – Trade Minister

Minister of Trade and Industry, Alan Kyerematen has disclosed the pledge by some Chinese financial institutions to make a $400 million financial support available towards the implementation of the Ghana government’s flagship ‘One District, One Factory’ (1D1F) programme. The Chinese institutions, he mentioned, are to lend the $400 million to the local banks for onward […]

IMANI beats retreat: retracts ‘injurious statements’ against K.K. Sarpong and Fueltrade

Policy think tank, IMANI Africa, has apologised “unreservedly” to the Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Dr K. K. Sarpong, and Fueltrade Limited, a mid and upstream petroleum company, for “injurious statements” made against them on April 25, this year. In a three-paragraph press statement titled ‘Retraction and Apology to Dr […]

 AGM/AKER energy deal ratified-Paid interest reduced, free interest increased 

Parliament has approved the amended deal with AGM Petroleum for oil exploration in the Deep South West Tano oil block. The critical decision to accept the recommendations of Parliament’s Mines and Energy Committee was made through voice vote supervised by the Speaker, Prof Aaron Mike Oquaye, amidst opposition from the National Democratic Congress (NDC) minority. […]

PIAC angry with Finance Ministry over inclusion of GH¢440m oil revenue in 2019 budget

The Public Interest Accountability Committee (PIAC) has faulted the Finance Ministry for including some unspent GH¢440 million from 2017 in this year’s budget expenditure. PIAC has described as misleading a claim by the Ministry that the GH¢ 440 million unspent oil revenue in 2017 is part of its GH¢ 1.5 billion budgetary expenditure for this year. In […]

E-procurement will ensure transparency and efficiency in procurement process-Bawumia

The Vice President, Dr. Mahamudu Bawumia has assured that the recently launched e-procurement system will allow for efficiency and transparency in the procurement process. Dr. Bawumia who launched the Ghana Electronic Procurement System (GHANEPS) on April 30 2019 said ‘’ The eProcurement system is designed to address corruption in procurement procedures by minimising human face-to-face […]