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Pulse Business Wrap Privatise Tema Oil refinery for efficiency- Dr. Steve Manteaw

In an exclusive interview with Pulse Business, Dr. Manteaw bemoaned the phenomenon of politicians rewarding board positions on the Tema Oil Refinery c  to political foot soldiers.

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Privatise Tema Oil refinery for efficiency- Dr. Steve Manteaw

Co-Chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw has  charged government to privatize non- performing public institutions like the Tema Oil refinery.

This according to him will make the refinery much more efficient and profitable.

In an exclusive interview with Pulse Business, Dr. Manteaw bemoaned the phenomenon of politicians rewarding board positions on the Tema Oil Refinery c  to political foot soldiers.

Dr. Manteau believes that government needs to offload its ownership in Tema Oil Refinery on the Stock Exchange for private investors to buy.

 

Ghanaians brace yourselves; Massive food shortage looms

Deputy Minister of Agric has warned of an imminent drought and food shortage in 2016.

This follows a prediction by the Ghana  Meteorological Service  that 2016 will see  the country experience a severe drought.

The phenomenon also follows  the weather pattern in 2015 when Ghana  and many other parts of the world experienced the warmest weather conditions ever.


We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.87                             4.17

Pound Sterling             5.60                             5.90

Euro                             4.36                            4.56

 

To updates from the stock exchange today

Standard Chartered Bank Ghana Ltd. and ALUWORKS LTD were the biggest losers of the day dropping 1p each to close at 16.32p and 0.08... Whereas Enterprise Group Limited were the biggest gainer of the day, gaining 2p to close at 2.42p

 

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