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Thursday 28 March 2024

2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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General News

[ 2016-10-23 ]

Lack of capacity still constrains local content in Ghana – AGI
The Association of Ghana Industries (AGI) has
cited the lack of capacity building as one major
constraint to local content in Ghana.
After almost three years since the passage of the
Petroleum Local content law, Ghanaian companies
are yet to actively participate in the oil and gas
sector.

“There are certain areas that due to the nature
of they being technical or capital intensive make
it difficult for local companies to meet up with
competition. The situation is also attributed to
the nature of the lack of enough expertise on the
part of the local entities,” CEO of the AGI,
Seth Twum Akwaboah told Citi Business News.

A latest report by the Petroleum Commission has
shown that total volume of oil contracts amounted
to 6.3 billion dollars between 2010 and 2015.

Of this, local components amounted to 1 billion
dollars, compared to 5.3 billion dollars that went
to foreign companies.

This also comes on the back of concerns that local
companies totaled 300 while foreign companies
totaled 150.

Meanwhile Seth Twum Akwaboah is convinced the
intervention by the Petroleum Commission to ensure
companies in the petroleum sector comply with the
law, should assist local companies leverage
opportunities with their foreign counterparts.

“But I think what the Petroleum Commission is
doing is that when you submit your local content
plan, they monitor and ensure that you have a
clear plan of gradually transferring knowledge,
expertise or information to local people so that
they can come up,” he stated.

The comments by Seth Twum Akwaboah come ahead of a
two day conference by the AGI scheduled for
October 26 and 27, 2016.

This year’s summit is themed, “Local Content
Development in Ghana, the Journey so far”.

Key highlights will involve conferences that
center on oil and gas, mining, energy and building
and construction.

Source - Citifmonline



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