Business

Els: MBN360 The Chief Executive Officer of the Petroleum Hub Development Corporation, Tony Aubynn, has revealed that construction of the highly anticipated Ghana Petroleum Hub project could commence before the end of the year, provided that ongoing land acquisition processes are successfully concluded by mid-2026. According to Dr. Aubynn, securing the land required for the […]

Els: MBN360 he Ghana Stock Exchange (GSE) recorded an impressive trading session as investor activity surged, pushing total turnover above GHS124 million.  At the close of trading, a total of 15,606,080 shares had exchanged hands, corresponding to a market value of GHS 124,396,662.84. The trading figures represent a significant improvement compared with the previous trading […]

Els: MBN360 News President John Dramani Mahama has commissioned the world’s largest calcined clay cement plant at the Tema Free Zones Enclave, describing it as a major milestone in Ghana’s industrial revival and sustainable manufacturing drive. The $110 million facility, developed by CBI Ghana, has an annual production capacity of 1.5 million tonnes of environmentally […]

Els: MBN360 Business Ghana’s inflation has dropped to one of its lowest levels in recent history, a development the Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, attributes largely to the central bank’s sterilisation strategy and the sharp appreciation of the cedi. According to the Governor, a combination of prudent monetary management and […]

Els: MBN360 Extractives/Energy ember of Parliament for Manhyia North and Deputy Ranking Member on the Lands and Natural Resources Committee, Hon. Akwasi Konadu, has launched a scathing critique against the President’s inability to fulfil his high-profile pledge to eradicate illegal small-scale mining. The lawmaker asserted that the “uncompromising war” once promised by the executive has […]

Els: MBN360 Business Energy and Associates Ghana has recommended to government to consider leveraging the Ghana Petroleum Funds to subsidize temporary spikes in pump prices to prevent a cost-of-living crisis.  The recommendation follows the surge in crude oil prices as a result of the impact of the U.S.–Iran Conflict on Ghana’s Oil and Energy Markets. A […]

Els: MBN360 News World Oil prices soared and stocks fell in Asia on Monday on the back of turmoil in the Middle East after US and Israeli strikes on Iran, with the vital Strait of Hormuz effectively shut and several ships attacked. In early trade in Asia, Brent Crude rocketed to just over $80 per […]

Els: MBN360 Ghanaians could soon feel renewed pressure at the fuel pumps as global oil prices surge following fresh attacks on commercial vessels near the Strait of Hormuz — a critical shipping lane that carries about 20% of the world’s oil and gas supply. The price spike comes amid escalating tensions in the Middle East, where Iran […]

Els: MBN360 News Energy  Prices of petroleum products are set to increase marginally from March 1, 2026. That is according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing companies and was seen by Joy Business. This marks the third time since January this […]

Els: MBN360 News President John Dramani Mahama has disclosed sweeping reforms in Ghana’s energy sector, revealing major financial savings, improved gas payment compliance, and a roadmap to stabilise nationwide electricity generation. Delivering his 2026 State of the Nation Address at Parliament House on Friday, February 27, 2026 the President painted a stark picture of inefficiencies […]