72 m. ago Ghana’s US$2 Billion Palm Oil Shift Hinges on Smart Growth, Warns Industry Leader

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-us2-billion-palm-oil-shift-hinges-on-smart-growth-warns-industry-leader/Ghana’s ambitious plan to slash its $2 billion annual palm oil import bill faces significant hurdles without deeper research, targeted innovation, and a clear market strategy, according to the head of the country’s agribusiness chamber. Anthony Morrison, CEO of the Chamber of Agribusiness Ghana, supports the government’s goal but cautions that merely expanding farmland won’t […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-us2-billion-palm-oil-shift-hinges-on-smart-growth-warns-industry-leader/

Events

46 h. ago Saltpond Native Pushes for University College to Revive Hometown

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/saltpond-native-pushes-for-university-college-to-revive-hometown/Osagyefo Ernest De-Graft Egyir, founder of the Mfantseman-Saltpond Development Alliance (MSDA), has vowed to spearhead efforts establishing Saltpond’s first university college. The initiative aims to tackle youth unemployment and reverse neglect in the coastal Central Region town, famed for hosting Ghana’s first oil rig, post office, and political party office yet lacking industrial development. Speaking […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/saltpond-native-pushes-for-university-college-to-revive-hometown/

Politics

60 h. ago Ghana’s Oil Insurers Rally Expertise Amid Energy Sector Expansion

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-insurers-rally-expertise-amid-energy-sector-expansion/Ghana’s oil and gas insurers have launched a major upskilling drive as new offshore discoveries signal fresh growth for the sector. The Ghana Oil and Gas Insurance Pool (GOGIP), a consortium of 21 local insurers mandated to cover the upstream industry, hosted a three-day technical seminar in Accra this month. Titled “Enhancing Industry Expertise,” the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-insurers-rally-expertise-amid-energy-sector-expansion/

Science

3 d. ago Bank of Ghana Defends Gold for Oil Scheme Despite Heavy Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/Ghana’s central bank is standing by its controversial Gold for Oil (G4O) programme, portraying it as a vital economic lifeline despite racking up losses of GH¢2.14 billion. First Deputy Governor Dr. Zakari Mumuni offered a robust defence at London’s C’NVERGE 2025 conference, calling the initiative a crucial tool that secured affordable fuel, bypassed volatile currency […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/

Politics

4 d. ago Oil Prices Tumble as Tariffs and OPEC+ Output Rattle Markets

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/oil-prices-tumble-as-tariffs-and-opec-output-rattle-markets/Global crude prices plunged toward weekly lows on August 8, 2025, as U.S. tariff threats and OPEC+ production hikes spooked traders. Brent crude slid to $66.39 a barrel, with West Texas Intermediate at $63.79 both down sharply from the previous day’s close. The drop followed former President Donald Trump’s new 25% tariff on all Indian […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/oil-prices-tumble-as-tariffs-and-opec-output-rattle-markets/

Economics

4 d. ago Ghana’s Palm Oil Farmers Battle Volatility Despite Pricing Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-palm-oil-farmers-battle-volatility-despite-pricing-gains/Ghana’s palm oil sector faces intensifying sustainability and market pressures, threatening thousands of smallholder farmers amid climate risks and low yields. While global sustainability standards increasingly exclude small producers from profitable markets, Ghana’s minimum pricing policy offers rare stability, according to Solidaridad’s 2024 Palm Oil Barometer. Enforced by the Tree Crop Development Authority (TCDA), the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-palm-oil-farmers-battle-volatility-despite-pricing-gains/

Events

4 d. ago Local Goods Drive Ghana’s Inflation as Import Reliance Persists

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-goods-drive-ghanas-inflation-as-import-reliance-persists/Ghana’s inflation story in July 2025 reveals a surprising twist: only two imported items ranked among the top 20 price surge drivers. Vegetable oil and rice stood alone as foreign contributors in the Ghana Statistical Service report, challenging assumptions about imports’ inflationary dominance. Imported vegetable oil prices soared 52% year-on-year despite a slight recent dip, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-goods-drive-ghanas-inflation-as-import-reliance-persists/

Politics

5 d. ago Ghana’s Oil Palm Farmers Struggle Amid Climate and Price Swings

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-palm-farmers-struggle-amid-climate-and-price-swings/Ghana’s oil palm sector faces mounting sustainability pressures as climate change and extreme weather destabilize farmer incomes while global price volatility threatens industry growth, development organization Solidaridad warns. The group’s 2024 Palm Oil Barometer reveals smallholders increasingly squeezed between erratic harvests and shifting market demands, often locking them out of profitable value chains. Imagine harvesting […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-palm-farmers-struggle-amid-climate-and-price-swings/

Society

6 d. ago Guardians of the Waters: Traditional voices rise in defence of Ghana’s inshore exclusive zone

As the sun sets over the Gulf of Guinea, the waves kiss the battered shorelines of Salakope, a once-thriving fishing village in the Ketu South Municipality now struggling with dwindling catches and climate devastation. Amid the challenges, one voice stands tall — Torgbui Anumu Tettey, the revered traditional leader and Chief Fisherman of Salakope. “These […]

Politics

7 d. ago Tullow Oil Navigates Debt Refinancing Amid Production Challenges

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/tullow-oil-navigates-debt-refinancing-amid-production-challenges/Tullow Oil reported a net debt of $1.6 billion and a half-year loss of $61 million, intensifying pressure to refinance $1.3 billion in bonds maturing May 2026. The London-based firm completed the $300 million sale of its Gabon assets in July and agreed to divest Kenyan holdings for at least $120 million. Group production averaged […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/tullow-oil-navigates-debt-refinancing-amid-production-challenges/

Economics

7 d. ago BP Unveils Largest Oil Discovery in Decades Amid Strategic Fossil Fuel Pivot

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bp-unveils-largest-oil-discovery-in-decades-amid-strategic-fossil-fuel-pivot/BP has announced its most substantial oil and gas discovery in 25 years, signalling a firm shift back toward fossil fuel production just months after curtailing its renewable energy investments. The UK-based energy giant said on Monday it is testing a major deepwater find in Brazil’s Santos Basin, roughly 400 kilometres off the country’s eastern […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bp-unveils-largest-oil-discovery-in-decades-amid-strategic-fossil-fuel-pivot/

Politics

9 d. ago GOIL Advances Digital Fuel Systems and EV Charging Nationwide

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/goil-advances-digital-fuel-systems-and-ev-charging-nationwide/Ghana Oil Company (GOIL) PLC is integrating real-time digital management and electric vehicle infrastructure across its service network, targeting a future-ready retail model. CEO Edward Abambire Bawa announced the rollout of the GOIL Fuel Management System enabling live inventory tracking and operational efficiency alongside upcoming EV charging ports at select stations. The strategy, developed with […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/goil-advances-digital-fuel-systems-and-ev-charging-nationwide/

Politics

9 d. ago Ghanaian Designer Launches Alera Golf Wear to Challenge Import Dominance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanaian-designer-launches-alera-golf-wear-to-challenge-import-dominance/Adlah Alelemaato Amankwa Iddisah, founder of the Ghanaian performance golf wear brand Alera, is targeting West Africa’s import-reliant sports apparel market with locally designed, climate-adaptive clothing. The brand emerged from Iddisah’s personal struggle to find well-fitting golf attire as a plus-sized athlete, addressing a gap for underserved consumers seeking comfortable athletic wear tailored to regional […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanaian-designer-launches-alera-golf-wear-to-challenge-import-dominance/

Sport

9 d. ago ASEC urges gov’t to revise oil strategy and royalties to boost revenue

The Africa Sustainable Energy Centre (ASEC) is calling on the Government of Ghana to urgently revise its crude oil production strategies and royalty structures in a bid to strengthen the country’s petroleum revenue streams.

Politics

4 w. ago Ga Mantse pledges support for Onesta Ghana’s Palm Oil expansion drive

His Royal Majesty King Tackie Tsuru II, Ga Mantse and President of the Ga Traditional Council, has paid a courtesy call on Onesta Ghana Limited, pledging his full support for the company’s ambitious palm oil production project aimed at transforming Ghana into a key player in the global palm oil market. Onesta Ghana, an agro-industrial […]

Politics