Some industry watchers have made a strong case for the new government to merge the management of the Tema Oil Refinery (TOR) and the Bulk Oil Storage and Transportation Company (BOST) if it is to be efficient in the petroleum downstream sector. In their view, the merger will among others cut down cost and facilitate … Read more
The Chief Fire Officer, Dr Albert Brown Gaisie, has directed all fire stations across the nation to intensify community patrols. This comes in the wake of a surge in fire disasters during the holdays. In a press release on Monday, December 26, the Ghana National Fire Service (GNFS) said “all security men at both public … Read more
Ride-sharing firm Uber has suspended its test of self-driving cars in San Francisco after regulators revoked the registration of the vehicles. Passengers had recently been given the option of a booking a self-driving vehicle. But authorities had threatened legal action if Uber did not obtain a special permit to test the cars. Uber argues that … Read more
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
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
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
The Pentagon is demanding that China return an “unlawfully seized” underwater drone after a Chinese warship took the device from waters near a US oceanographic vessel. “We call upon China to return our UUV immediately, and to comply with all of its obligations under international law,” Pentagon press secretary Peter Cook said in a statement, … Read more
The Electricity Company of Ghana (ECG); has officially launched a Project Management Manual for Electrical Projects (PMMEP) and a Code of Conduct for Third Party Contractors to guide the discharge of their functions. The two documents were launched as part of the annual review meeting of the Network Project Directorate in the Western Region. In … Read more
EC has advised returning officers across the country to jettison E-transmission of results and resort to manual transmission as the former is no longer reliable. The Electoral Commission Chairperson, Charlotte Osei has expressed distrust on the Electronic Transmission System adopted for the transmission of the 2016 General Election Results. According to her, the E-transmission may … Read more
The approval of a Gas Master Plan by Cabinet would address the country’s infrastructure gaps and clarify areas of priority in the power sector, Mr Emmanuel Kofi Armah-Buah, Minister of Petroleum has said. Mr Armah-Buah said the Ministry has begun work on the development of a Gas Policy and a Gas Act that would provide … Read more
The Chief Executive Officer of the Chamber of Mines has said despite challenges facing the mining sector in the country, it contributes more to the government revenue. Sulemanu Koney said the contributions of mining companies in Ghana are in the form of tax payment and procurement of local goods which help to boost the economy. … Read more
The goal of this write up is to offer a brief explanation to the general public so as to appreciate the fact that indeed 500 community boreholes (integrated water systems) can cost 30 million Ghana cedis. First of all, we must appreciate that borehole project costs are unique and not fix. That is, different borehole … Read more
play videoRescue workers look for survivors after the collapse State media say the death toll from the collapse of scaffolding at a construction site in eastern China has jumped to 67, with two other workers injured and one more missing. China’s state broadcaster CCTV says more than 100 paramilitary police have joined in efforts to … Read more
Rosatom, Russia’s state atomic energy corporation, through its key engineering division ASE Group of Companies has signed a three-year agreement with Dassault Systèmes, the world leader in 3D design software. The agreement is expected to allow Multi-D systems to be deployed across the African continent, especially in emerging countries like Ghana, Kenya and Nigeria who … Read more
The Petroleum Minister, Emmanuel Armah Kofi Buah, has commissioned a US$2.2milion state of the art Mechanical and Welding Workshop at the Kikam Technical Institute in the Ellembelle District of the Western Region. The workshop, made up of mechanical equipment in oil and gas, electrical, electronics and hydraulics, were supplied in two phases by the Oil … Read more
Midea Electronics has launched its latest series of Air Conditioners in Abidjan, Ivory Coast. The new range of the Air Conditioners which include ‘Everest’, ‘Kid Star’ and Blanc Inverter is specifically designed for the African continent. Speaking Citi Business News after the launch, the Midea Country Manager of Sub-Saharan Area, William Lee stated that the … Read more