The Government of Ghana says it has settled approximately US$1.47 billion in outstanding energy sector obligations, a move the Ministry of Finance says has restored financial stability to the sector as of December 31. In a statement issued on Monday, the Ministry disclosed that the payments covered major legacy liabilities, including a US$597.15 million World...
Day: January 12, 2026
Post
Post
COMAC Raises Alarm Over GRA Enforcement, Warns of Risks to Industry Stability
The Chamber of Oil Marketing Companies (COMAC) has raised concerns over what it describes as ongoing regulatory challenges with the Ghana Revenue Authority (GRA), warning that the issues pose a threat to operational stability and fairness within the petroleum downstream sector.In a press release signed by the industry regulator Dr. Riverson Oppong, the Chamber said...