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PBC Faces Financial Crisis as Debt Hits GH¢673 Million – Report

Producer Buying Company (PBC), Ghana’s state-owned cocoa buying company, is reportedly struggling to purchase cocoa from farmers due to debts amounting to about GH¢673 million, according to a Reuters report. Sources familiar with the matter say the company also risks losing some of its assets...

Ghana Deepens Energy Ties with ENI, Vitol, GNPC to Boost Gas Output by 2028

Ghana has reinforced its strategic collaboration with Italian energy giant ENI, global commodities firm Vitol, and the Ghana National Petroleum Corporation (GNPC) in a renewed push to significantly expand the country’s gas production capacity by 2028. The move builds on ENI’s already established operations in...

BREAKING NEWS: Lands Minister Armah-Kofi Buah Holds Crucial Talks with Adamus CEO Angela List Over Post-Revocation Issues

The Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, has engaged in high-level discussions with the Chief Executive Officer of Adamus Resources Limited, Ms. Angela List, following the recent revocation of the company’s mining lease. The meeting, which is part of ongoing stakeholder...

Eastern Nzema Traditional Council Defends Lands Minister Over Adamus License Revocation

The Eastern Nzema Traditional Council has thrown its weight behind the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, over the revocation of the mining licence of Adamus Resources Limited. The Council insists the Minister acted within the confines of the law, stressing that...

Minister Revokes Adamus Mining Leases Over Illegal Operations

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has ordered the immediate revocation of mining leases held by Adamus Resources Limited over multiple breaches of Ghana’s mining laws. The decision follows extensive investigations conducted by the Minerals Commission, which uncovered widespread illegalities across...

Energy Minister Assures 24-Hour Restoration Work at Damaged GRIDCo Substation in Akosombo

The Minister of Energy and Green Transition, John Abdulai Jinapor, has assured that engineers working to restore the damaged Ghana Grid Company (GRIDCo) substation at Akosombo will operate on a 24-hour shift system to speed up recovery efforts following a fire outbreak triggered by...