Nearly two decades after turning a university magazine into EchoHouse, a marketing agency operating in eight countries, married founders Beryl Agyekum-Ayaaba and Bright Mamud-Ayaaba have reached another milestone in their journey together, graduating as joint valedictorians from a Master of Business Creation programme. Beryl serves as Founder and Chief Executive Officer of Echo House Ghana Limited.
The Taraba State Police Command said the death toll had risen to 58, including 15 people who drowned while fleeing in an overloaded canoe
The share of Burkina Faso’s petroleum product movements through Ghana has increased from 15 per cent in 2024 to 40 per cent, as the Tema Oil Refinery (TOR) and other petroleum sector institutions strengthen Ghana’s role as a regional fuel supply hub. “TOR’s close working relationship with NPA, BOST and other Petroleum Service providers has ensured Burkina Faso’s National Oil Company has increased its petroleum products movement through Ghana from 15% in 2024 to 40% as at today,” he said.
Africa will experience the fastest annual growth in infrastructure spending of any region over the 25-year forecast period, according to PwC Global Infrastructure Outlook 2026. Aggregate annual spending across Ghana, Kenya, Nigeria, and South Africa is projected to increase from $54 billion in 2024 to $96 billion in 2050, a 77% increase.
The Tema Oil Refinery (TOR) has cleared its backlog of audited financial statements covering 2019 to 2024, bringing an end to six consecutive years without completed audited accounts, Managing Director Edmond Kombat has announced. Speaking at the Government Accountability Series at Jubilee House on Monday, October 26, 2026, he said the company had submitted seven audited financial reports to the State Interests and Governance Authority (SIGA), restoring its financial reporting obligations to date.
The recovery of the Tema Oil Refinery (TOR) has created 1,657 permanent and temporary jobs, with more than 6,500 indirect and temporary workers also engaged during turnaround maintenance, Managing Director Edmond Kombat has disclosed. Mr Kombat said the planned expansion of TOR would support additional economic opportunities as Ghana sought to increase domestic refining capacity.
The Tema Oil Refinery (TOR) has recorded a 216.19 per cent increase in product storage volumes between 2024 and 2026, as management intensifies efforts to restore the refinery’s commercial operations and strengthen its role in Ghana’s petroleum supply chain. He said the refinery’s recovery had been supported by collaboration with institutions including the National Petroleum Authority, the Ghana National Petroleum Corporation, GOIL and the Bulk Oil Storage and Transportation Company.
The Tema Oil Refinery (TOR) had accumulated losses of approximately GH¢10 billion and debt of about US$517 million when the current management assumed office in May 2025, Managing Director Edmond Kombat has disclosed. Mr Kombat said TOR owed approximately GH¢200 million to the Ghana Revenue Authority and GH¢20 million to SSNIT, alongside outstanding amounts due to the Electricity Company of Ghana, Ghana Water Company and other creditors.
The Tema Oil Refinery (TOR) is working to increase its crude-processing rate from approximately 28,000 barrels per stream day to between 45,000 and 55,000 barrels per stream day, Managing Director Edmond Kombat has announced. Speaking at the Government Accountability Series at Jubilee House on Monday, October 26, 2026, Mr Kombat said the work was expected to improve the performance of the Crude Distillation Unit (CDU) and move the plant towards its nameplate capacity.
The Tema Oil Refinery (TOR) has received more than five million barrels of crude oil following a period in which it recorded no crude receipts in 2024, Managing Director Edmond Kombat has disclosed. Speaking at the Government Accountability Series at Jubilee House on Monday, October 26, 2026, Mr Kombat said TOR had received several crude cargoes since the recovery programme began, including shipments of Ghanaian indigenous crude.
Ahead of TenTrade’s “One Community, One Future” seminar on November 7th, we spoke with Andreas Andreou, Partner & Chief Revenue Officer; Obasi Wilfred, Regional Director, Africa; and Ademola Adeagbo, Head of Education, Africa. Andreas Andreou: If we want a lasting presence in Africa, we need to invest time in meeting people and understanding their expectations.
From vision to abandonment: Nigeria’s unfinished development, By Dipo Baruwa. …addressing Nigeria’s challenge of abandoned projects demands more than increased funding or renewed political rhetoric. By embedding these principles into the country’s development framework, Nigeria stands a better chance of breaking the cycle of unfinished ambitions, both physical and programmatic,
Five charts show the US economic reality of Trump’s second term so far. Donald Trump won the presidency in 2024 on promises to lower inflation and undo the damage he said the Biden administration had inflicted on the economy.
Researchers at the Bank of Ghana (BoG) have proposed an artificial intelligence-powered framework to track consumer prices and estimate inflation in real time. The paper says work involving Big Data and AI has been underway at the Bank of Ghana since May 2021.
Just as American cattle went to market, Trump's action added unease to an industry already facing uncertainty.
Jump fuelled by fears of further Middle East supply disruptions amid reports of US-Israeli plans to strike Iran European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and ongoing conflict in the Middle East. Wholesale gas prices hit €97 (£81) per megawatt-hour on Monday, as temperatures across Europe fell and traders priced in stronger demand for heating.
MTN Ghana has rewarded more than 30,000 customers with cash prizes, while nine subscribers have won brand-new Toyota Land Cruiser Prados as part of activities marking the company’s 30th anniversary. At a presentation ceremony in Accra, Senior Manager for Consumer Marketing at MTN Ghana, Sandra Adu Antwi, said the promotion was designed to give back to customers as part of the company’s anniversary celebrations.
Andy Burnham has railed against neoliberalism – the historic shift must start with this week’s budget Andrea Egan is the general secretary of Unison After Keir Starmer, things could only get better inside Labour. Andrea Egan is the general secretary of Unison Continue reading...
KITUI, Kenya, Oct 26, 2026 — President William Ruto has announced plans to launch a Sh70 billion cement and clinker factory in Ngaaie, Mwingi North Constituency, Kitui County, on Tuesday, in a project expected to create 4,000 jobs and boost economic activity in the region. The President also launched construction of the 55-kilometre Twimiwa-Tseikuru-Usweni road in Mwingi North Constituency.
The Customs Division of the Ghana Revenue Authority (GRA) has urged importers, exporters and other actors in Ghana’s international trade ecosystem to minimise documentation errors, cautioning that inaccurate or incomplete declarations contribute significantly to delays in Customs processing and ultimately increase the cost of doing business. Rubben Kwaku Satu, Esq., Supervisor at the Customs Technical Services Bureau (CTSB) and officer in charge of Strategy, Planning, Monitoring and Evaluation, identified the lack of supporting documentation for declarations and appeals; data-entry errors…
How the formula works Existing componentWeightWhat it represents Monetary Policy Rate (MPR)40%The central bank’s policy signal Interbank rate (IBR)20%The rate banks pay to borrow from one another Reserve-adjusted 91-day Treasury bill rate (T₉₁)40%Government’s short-term borrowing rate, increased for reserves and vault cash Here, T₉₁ is the annualised 91-day Treasury bill rate. The Treasury bill component has more leverage than it appears With CRR at 20% and CIV at 2%, a one percentage-point rise in the raw Treasury bill rate increases the formula-based GRR by 0.513 percentage points.
Windfall or warning?, By Posi Olatubosun. Ultimately, Nigerians will likely gauge this oil boom not by Brent crude prices, but by the results it delivers: reduced debt, stronger reserves, improved infrastructure, and meaningful support for vulnerable households.
Tell Modi to sack Gyanesh Kumar, protests will stop in 30 seconds: The Chamber of Trade and Industry (CTI) has urged Mr. Gandhi to postpone the INDIA bloc's November 1 rally at Delhi's Ramlila Maidan until after November 10, warning that it could disrupt business worth ₹10,000 crore during the peak Diwali shopping season
The Chairman of the Niger Delta Chambers of Commerce, Industry, ,Trade, Mines and Agriculture NDCCITMA, Idaere Gogo – Ogan has received the meritorious “Change and good governance” award from the Independent Magazines Publishers Association of Nigeria IPMAN. And , there is a difference between speaking about development and building the partnerships that can make the development a reality, and it is on these virtues that the Independent Magazine Publishers Association of Nigeria proudly recognize Chief Idaere Gogo – Ogan” He described the recipient whose wrath if experience spanning across…