The Individual Bondholders Association of Ghana (IBHAG) has withdrawn from the Technical Committee of the government’s Domestic Debt Exchange Programme (DDEP) due to concerns that the deliberations are not in the best interest of its members. The group argues that the process is causing pain to its members and deviates from promises made by the […]
The CEO of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi is stepping down at the end of July 2022. Mr. Hosi, the founding CEO of the Chamber, is leaving office after 10 years of service. Under his leadership, the Chamber became recognized as one of the power houses for industry-based research and policy […]
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has said that stakeholders are working to avert any of fuel shortage in the country. He said this in response to a Bloomberg report that the country faces a looming fuel shortage. Speaking on Top Story, Tuesday, Senyo Hosi explained that government […]
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecasted an up to ¢1 per litre reduction in the price of petrol and diesel by April 1, 2022. This follows several engagements the COBD had with the Bank of Ghana (BoG) and stakeholders to fashion out interventions aimed at reducing the prices at the various […]
The government has fully paid off its indebtedness to bulk oil distribution companies (BDCs) that accrued between 2011 and 2015, the Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies, Senyo Hosi has revealed. According to Mr Hosi, the final payments, which included interests accrued on the debt, was done on January 13, […]
It was a sight to behold during the University of Ghana’s 70th anniversary as Chief Executive Officer of the Chamber of Bulk Oil Distributors, Senyo Hosi flared up and jabbed management of the school for being sloppy with the organisation of the entire event. The 70th anniversary Alumni Homecoming Weekend of Ghana’s premier university was […]
The Chamber of Bulk Oil Distribution Companies (CBOD) has advised Bulk Oil Distribution Companies (BDCs) to revise their trade credit tenor from the current forward foreign exchange (FX) rate from the average 60-day (FuFeX60) to 30-day forward rate (FuFeX60). It stated that the adoption of a FuFeX30 (30-day forward rate) instead of FuFeX60 (60-day forward […]
Chief Executive Officer (CEO) of the Chamber of Bulk Oil Distributors (CBOD), Mr Senyo Hosi has described the Tema Oil Refinery (TOR) as a necessary centre of the success of the proposed petroleum hub in Ghana. He said even though TOR has base assets that can be developed into a variable refinery, the success of […]
