Tullow Oil PLC hits 50% increase in its operations in Ghana
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
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 […]