Prime News Ghana

Today's Ghana Business, Banking and Economic news

BoG to auction $120m to BDCs in Q1 2025

The Bank of Ghana (BoG) has announced plans to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the first quarter of 2025, as part of efforts to ensure fuel supply stability and address foreign exchange pressures.

Energy sector needs urgent surgery – Mahama

President-elect John Dramani Mahama has expressed deep concerns about the dire state of Ghana’s energy sector, calling for immediate and comprehensive reforms to address its challenges.

WAPCo resumes gas supply to Tema

The West African Gas Pipeline Company Limited (WAPCo) has restored gas transportation services to its Tema Regulating and Metering Station (TRMS) following a temporary shutdown earlier this week.

Blue Gold’s funds ready, but Abu Jinapor adamant

Blue Gold, a British-owned mining company has demonstrated proof of substantial financial backing to revive operations at the Bogoso Prestea Gold Mine, yet the government of Ghana, under the Ministry of Lands and Natural Resources, has remained unresponsive, leading to mounting tensions over the disputed mining lease.

Mahama to renegotiate IMF, World Bank deals

President-elect John Dramani Mahama has pledged to review and adjust Ghana’s existing agreements with development partners to align with the country’s current needs and aspirations.