10 Yrs After Oil Discovery, PIAC Member Laments Nation’s Failure In Properly Managing Resource

Co-chair of the Ghana Extractives Industry Transparency Initiative (GHEITI) Dr. Emmanuel Steve Asare Manteaw, who is also a member of the Public Interest and Accountability Committee (PIAC), has said the inability of the country to properly sequence the governance frame work was the first mistake after the oil find in 2007. According to Dr Manteaw, … Read more

Negative Return On Oil Cash Investment

IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an era where Ghana paid between eight and 10.75% interest on Eurobonds, it is worrying to know that return on investment of Ghana Heritage Fund (GHF) in instruments abroad for the second half of 2016 was … Read more

Who Is Buying Ghana’s Oil?

The co-chair of the Ghana Extractives Industry Transparency Initiative GHEITI, Dr. Emmanuel Steve Asare Manteaw, is asking a question many Ghanaians may ignore or downplay its relevance. Who is buying Ghana’s oil from the flagship Jubilee Field and recently, the TEN fields? Which companies are selling or buying them? You may perhaps be asking, why … Read more