GRA implements Fuel Levy increases today as government deepens austerity measures

The Ghana Revenue Authority (GRA) has announced that new adjustments under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will take full effect today, July 16, 2025—just a day after President John Dramani Mahama directed the cancellation of fuel allowances and allocations for all political appointees as part of sweeping austerity measures. In an […]

Ghana: New oil and gas discovery Off Cape Three Points gets green light for development

The Ministry of Energy and Green Transition has announced the formal Declaration of Commerciality (DoC) for the Eban-Akoma oil and gas discoveries within the Cape Three Points Block 4 (CTP-B4), marking a significant step in Ghana’s upstream petroleum sector. The declaration, submitted on July 3, 2025, follows the successful completion of an appraisal programme confirming […]

‘You’re not powering an 8-hour economy, but promising 24 hours?’ – Prof Bokpin on energy sector failures

Economist Professor Godfred Alufar Bokpin has cast doubt on the National Democratic Congress’ (NDC) 24-hour economy proposal, calling it unrealistic in light of ongoing energy challenges. Speaking on Joy News’ Newsfile on Saturday, May 17, he said the country cannot even sustain a reliable 8-hour energy cycle, yet politicians are promising a 24-hour system. “You are not […]

Gov’t commences review of ‘Gold for Oil Policy’ over fears of possible fuel shortage

The government has initiated a review of the Gold for Oil policy, holding a crucial meeting with petroleum sector stakeholders amid concerns over potential fuel shortages in parts of the country. On his first day in office, Energy Minister John Jinapor met with key industry groups, including the Bulk Oil Distribution Companies, the Chamber of […]

Energy Minister inaugurates Committee to investigate ECG’s uncleared containers

The Minister of Energy and Green Transition, John Abdulai Jinapor, has inaugurated a five-member committee to investigate the cause of over 2,500 uncleared containers procured by the Electricity Company of Ghana (ECG) and left at the port. The committee, which has been given a one-month deadline, will also investigate ECG’s general procurement practices, the cost […]

President Mahama announces first set of ministerial nominations

President John Dramani Mahama has submitted his first set of ministerial nominations to Parliament today (January 9, 2025), fulfilling a key constitutional requirement following his inauguration as President on January 7, 2025. The nominations, submitted to the Speaker of Parliament in accordance with Article 78 of the 1992 Constitution, include three individuals for critical portfolios […]

Ato Forson for Finance Minister, Jinapor for Energy, Dominic Ayine for Attorney General in Mahama’s first ministerial nominations

President John Mahama has nominated Dr. Cassiel Ato Forson as Finance Minister-designate, with John Abdulai Jinapor and Dominic Akuritinga Ayine as Ministers-designate for Energy and Attorney General cum Minister of Justice respectively. A statement issued by Felix Kwakye Ofosu, the Ag. Spokesperson to the President, has announced. Source: Myjoyonline.com

Details: Mahama and appointees hit by another  $4.5 million corruption scandal in Turkish Energy deal

Former President John Dramani Mahama and some of his appointees have been fingered in yet, another corruption scandal according a suit filed by the United States of America’s Securities and Exchange Commission (SEC). The law suit filed against one Asante Berko, a former employee of international firm Goldman Sachs, said the bribes, totaling  $4.5 million […]