Ensure TOR becomes viable – Opoku Prempeh to new TOR Board

Dr Matthew Opoku Prempeh, the Minister of Energy, on Tuesday inaugurated the newly constituted 11-member board of the Tema Oil Refinery (TOR) Company Limited in Accra and urged them to…

$300m loan from World Bank hits BoG account

The US$ 300m loan facility from the World Bank to Ghana has officially been released for budgetary support. The amount was credited to the Central Bank’s account today, Wednesday March…

Akufo-Addo accepts Oteng-Gyasi’s resignation as GRA Board Chair

President Nana Addo Dankwa Akufo-Addo has accepted the resignation of Anthony Oteng-Gyasi as Board Chair of the Ghana Revenue Authority (GRA). Dr Oteng-Gyasi’s resignation was followed by the dissolution of…

BoG appoints advisor to monitor UMB’s recapitalization efforts

The Bank of Ghana (BoG) has appointed Dr Joseph O. France as a Management Advisor to the Universal Merchant Bank Ltd. (UMB). Dr. France is the Former Head of Financial…