EOCO Chases Awuah Darko Over GHC40m BOST Cash

The Economic and Organized Crime Office (EOCO) is on the heels of Kingsley Kwame Awuah-Darko, the immediate-past Managing Director (MD) of the Bulk Oil Storage and Transportation (BOST) Company Limited, over some alleged payments and withdrawals from the government’s account. The account in question is the Chief of Staff’s ‘Sundry Account’ which the BOST boss … Read more

Gov’t’s Handling of BOST Scandal Insulting

The Minority in Parliament has described as insulting, government’s handling of the BOST fuel contamination saga. They contend that, the BNI and the Energy Ministry are engaged in a collusion to cover up the alleged rot to save the Managing Director, Alfred Obeng. The comments follow Thursday’s press conference by the Energy Ministry absolving the … Read more

No Wrongdoing In Sale of Contaminated Fuel- Boakye Agyarko

The Minister for Energy, Boakye Agyarko, has refuted claims by the minority group in parliament that the BNI and National Security are covering up rot at the Bulk Oil Storage and Transportation Company Limited (BOST). The Minority Leader, Haruna Iddrisu, at a press conference accused the BNI of covering up malfeasance in the sale of … Read more

Drag BOST Board To Parliament – Casely-Hayford

A leading member of pressure group, OccupyGhana, Sydney Casely Hayford wants members of the governing board of the Bulk Oil Storage and Transportation Company Limited (BOST) to be hauled before Parliament over the contaminated fuel saga. According to him, they should be aware of the processes leading to the sale of contaminated fuel to some … Read more

BOST Honoured At 2017 Ghana Shippers Awards

The Bulk Oil Storage and Transportation Company Limited (BOST) has been honoured at the 2017 Ghana Shippers Awards ceremony organized in Accra on Friday. BOST was adjudged the Liquid Bulk Operator of the Year at the ceremony held at the Mövenpick Ambassador Hotel in Accra. The award comes on the back of massive backlash BOST … Read more

HFC Donates To Nsawam Female Prisons

HFC Bank Ghana, a member of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, marked Mother’s day with a donation to the inmates of the Nsawam Female Prisons last week. The items donated to the facility included sewing machines, a mower, assorted toiletries, text books and food items. The event took place at the … Read more

Owners of MacDan and Action Chapel Clash Over Airport Land

There is a seeming tension between the Action Chapel International and the owners of McDan Shipping Company over a parcel of land leased to the church by the Ghana Airports Company Limited (GACL) for a car park. Even before Action Chapel could start utilizing the 4 acres of land after clearing it, GACL wrote back … Read more

MacDan Clashes With Action Chapel Over Ghana Airports Land

There is a seeming tension between the Action Chapel International and the owners of McDan Shipping Company over a parcel of land leased to the church by the Ghana Airports Company Limited (GACL) for a car park. Even before Action Chapel could start utilizing the 4 acres of land after clearing it, GACL wrote back … Read more

Tussle Over Ghana Airports Land

There is a seeming tension between the Action Chapel International and the owners of McDan Shipping Company over a parcel of land leased to the church by the Ghana Airports Company Limited (GACL) for a car park. Even before Action Chapel could start utilizing the 4 acres of land after clearing it, GACL wrote back … Read more

BOST Stops $39m Office Construction Over Misappropriation of Funds

Reports reaching DAILY GUIDE indicate that state-run oil storage company – Bulk Oil Storage and Transportation (BOST) – has stopped a headquarters facility under construction at the cost of $39 million. DAILY GUIDE has learnt that the contractors working on the building – Rolider – an Israeli construction firm, has been asked to stop work … Read more

BOST Stops $39m Office Over ‘chop Chop’

Reports reaching DAILY GUIDE indicate that state-run oil storage company – Bulk Oil Storage and Transportation (BOST) – has stopped a headquarters facility under construction at the cost of $39 million. DAILY GUIDE has learnt that the contractors working on the building – Rolider – an Israeli construction firm, has been asked to stop work … Read more

NPP Will Be A Listening Gov’t – TOR Staff

Workers of the Tema Oil Refinery (TOR) have expressed confidence that the incoming government of Nana Addo Dankwa Akufo-Addo will be a listening one which will address their concerns, John Ebo Botwe, Chairman of the Senior and Junior Staff Association of TOR, has said. Speaking on Ghana Yensom, hosted by Chief Jerry Forson on Accra100.5FM … Read more

TOR Workers Welcome New Managing Director

The new Managing Director (MD) of the Tema Oil Refinery, Isaac Osei, has the credentials and the capabilities to manage the nation’s only refinery, John Ebo Botwe, Chairman of Senior and Junior Staff Association of TOR, has said. His comment follows news indicating that the outgoing Member of Parliament (MP) for Subin in the Ashanti … Read more

BOST Posts ¢32 Million Loss

The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more

BOST Posts GHC32m Loss

The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more

BOST Posts GHc 32m Loss

The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more

Banks Squeeze Credit To Private Sector

Availability and ease of access to credit remains a huge challenge for the private sector. Latest data from the Bank of Ghana suggests a general credit squeeze to the private sector in 2016, amidst a chequered month-on-month growth when compared to the numbers recorded in the same period the previous year. The data indicate that … Read more