Author: newsfilegh

The Petroleum Commission has revealed that the much awaited Local Content Fund will be operational in first quarter of 2020. The fund among other things, will provide financial assistance to indigenous Ghanaian companies operating in the oil and gas sector. This is expected to help in the establishment of more local players, as part of moves to meeting government’s local content target. Access to credit is one of the key challenges affecting active Ghanaian participation in the oil and gas industry. Figures from the Petroleum Commission show that as at September 2018, there were about 600 indigenous Ghanaian companies participating…

The Petroleum Commission has revealed that the much awaited Local Content Fund will be operational in first quarter of 2020. The fund among other things, will provide financial assistance to indigenous Ghanaian companies operating in the oil and gas sector. This is expected to help in the establishment of more local players, as part of moves to meeting government’s local content target. Access to credit is one of the key challenges affecting active Ghanaian participation in the oil and gas industry. Figures from the Petroleum Commission show that as at September 2018, there were about 600 indigenous Ghanaian companies participating…

Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has told the global community that Ghana is taking pragmatic steps to ensure the protection of all its children. Ayorkor Botchwey revealed this in her address during a High-Level Conference to celebrate the 30th Anniversary of the Convention on the Rights of the Child (CRC). The celebration was held on Wednesday, 20th November, 2019 in Brussels, Belgium. Ghana made history by becoming the first country in the world to sign and ratify the Convention on the Rights of the Child in 1990. The West African nation’s commitment to institutionalize the…

Staff of Ghana Grid Company (GRIDCo) have threatened to treat all emergency works as within the regular working hours in a bid to demand all debts owed them by the Electricity Company of Ghana (ECG) and other key institutions. At a news conference in Accra, the staff said if by December 4, 2019 all debts owed the company are not settled they will embark on a sit-down strike. According to the staff of GRIDCo, during the 2018 tariff review, the company’s transmission service charges were reduced by 16 per cent, which saw a dip in revenue to about GH¢290 million.…

Nuong Faalong[/caption] Host of TV3’s Hot Issues, Nuong Faalong has been chosen by the Netherlands Embassy and Ministry of Foreign Affairs to represent Ghana at the 5th Delf Global Initiative programme- GIP in The Hague. The event will have her join other development enthusiasts from around the Globe for a 3 day intensive programme on collaborating for African and Global Development. She is expected to leave Ghana on November 23 and return on November 28. The programme will also introduce participants to innovations by scientists that solve concrete worldwide problems in healthcare, water, energy, disaster resilience and response and urbanization. The…

The maiden Ghana Cocoa Awards, slated for Friday, November 22, at the Movenpick Ambassador Hotel in Accra, is set to hold with Johnnie Hughes as host. The versatile broadcaster has become the toast of high-brow event organizers with the most recent being the opening ceremony of the Orbis Flying Eye – the world’s first and only accredited teaching hospital on a plane. The Ghana Cocoa Awards is an effort to reward and institutionalize an annual celebration of stakeholders in the cocoa industry to national development, 140 years since Tetteh Quarshie brought cocoa from Fernando Po to Ghana. The Ghana Cocoa…

Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has called for a concerted effort from global leaders and state actors to provide a safer internet environment for children around the world. The Foreign Minister made the call in her address during a High-Level Conference in Brussels to celebrate the 30th Anniversary of the Convention on the Rights of the Child (CRC) under the theme: Protecting the rights of the Child in an ever-changing digital world: threats and opportunities. She explained that “there is no doubt that the fast changing technological and digital world presents us and, in particular,…

Financial actors in the oil and gas industry are asking for a long-term roadmap in financing in the industry. They argue that the lack of a clear roadmap on deliverables in the sector does not encourage financial institutions to do business with the companies in the sector. Access to credit is one of the key challenges affecting active Ghanaian participation in the oil and gas industry. Figures from the Petroleum Commission show that as at September, 2018, there were about 600 indigenous Ghanaian companies participating in the upstream petroleum industry with a total fund of $799 million worth of contracts…

It has emerged that associate professor of the University of Ghana, Ransford Gyampo, was exonerated on the claims of sexual harassment and sex for grade made against him in a television documentary by the BBC. The University announced Wednesday that its fact finding committee that investigated the allegations established prima facie case against Prof Gyampo and another senior lecturer, Dr. Paul Butakor who were cited in the BBC documentary titled Sex for Grades. A statement issued by the University said there were “evidence of breaches of the University’s Code of Conduct and Statutes, as amended” hence “recommended that the matter…

Wails by rice farmers in Fumbisi in the Upper East Region over failure to get buyers for their harvest have attracted several buyers, 3news.com has gathered. The Chief Executive Officer of the National Food Buffer Stock Company (NAFCO) says most of the hitherto bagged paddy rice scattered on farms have been bought. “When the news got out there, it attracted other buyers,” Alhaji Hanan Abdul-Wahab told Winston Amoah on 3FM’s Sunrise morning show on Thursday. He discounted earlier media reports received about the glut of rice produce, saying “there is some disparity and exaggeration”. According to the NAFCO boss, the…