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Tullow Oil PLC hits 50% increase in its operations in Ghana

GOGSPA sues Tullow Ghana over alleged Local Content Violation

Tullow Oil PLC has reported a remarkable surge in profits from its operations in Ghana with profit before tax hitting $411 million in the first six months of 2024. It represents more than 50% increase compared to the $266 million recorded within the same period in 2023. The company also paid $144 million in taxes […]

Ghana Cocoa rebounds after six straight years of losses

Ghana’s cocoa farmers complain of being broke as they seek payment from Cocobod

Figures from the Auditor General Reports indicate that Ghana Cocoa Board made a GH¢2.3 billion profit in 2022/23, due to the restructuring of its debt. This is the first profit after six straight years of losses. Ghana has been restructuring its $30 billion debt, including debt from the cocoa sector, to be able to implement […]