Adnan Adams Mohammed The government has been cautioned by some financial experts and economists to rethink about the decision to opt out completely from the International Monetary Fund(IMF) programme which …
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Only 47,000 pay income tax in Kumasi metro – Dep Fin Minister
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed A Deputy Minister of Finance, Charles Adu Boahen has expressed shock at the number of people that pays “Pay As You Earn (PAYE)” or income tax in …
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Defunct Saltpond Oilfield now a liability to country – PIAC
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Ghana National Petroleum Corporation (GNPC) has been called to expedite processes to decommission the beleaguered Saltpond Oil Production Company Limited which has become a liability on …
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Adnan Adams Mohammed The Petroleum Revenue Management Act (PRMA) 2011 (Act 815), promulgated to guide every government on how to spend its oil and gas revenue, is being breached …
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Petroleum contracts fiscal regime: are we getting better with age?
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Since Ghana started commercial production of oil, the expectations from most Ghanaians including economists, politicians, civil society groups and ordinary citizens were those of high optimism. Some …
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Only Ghanaians will be licensed to implement the Cylinder Recirculation Model – NPA
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The National Petroleum Authority (NPA) has cleared the air on the argument that, the implementation of the Cylinder Recirculation Model (CRM) will cause some businesses within the …
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Ghana targets being Petroleum hub for West Africa…. Over US$50 billion FDI needed
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed For Ghana to achieve its vision of becoming the petroleum hub for the West African sub-region, as announced by the Vice President Dr Mahamudu Bawumia, the country …
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Foreign OMCs petition gov’t over the new local content policy
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Key players in the international downstream petroleum products trading operating in the country have registered their displeasure with the newly drafted industry local content policy which is …
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Adnan Adams Mohammed The Ghana National Petroleum Corporation (GNPC), last week, signed a new gas sale and purchase agreement (GSA) deal with Rosneft for the same natural gas supply agreement …
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China’s Jiangxi Province to invest over $10 billion in Northern Region
by Adnan Adamsby Adnan AdamsA delegation of business executives and investors from the Jiangxi Province, China, will soon visit Ghana to explore the potentials and business opportunities in the Northern Region. The Jiangxi Province …