
Tema Oil Refinery Cuts Debt From $650m to $300m Under Restructuring
The state‑owned refinery announced a major debt reduction, settling with four banks and laying the groundwork for a turnaround plan aimed at restoring financial viability.
2 stories tagged “ghana refinery”.

The state‑owned refinery announced a major debt reduction, settling with four banks and laying the groundwork for a turnaround plan aimed at restoring financial viability.

Managing Director Edmond Kombat revealed the refinery’s turnaround at a government briefing, citing tighter controls and a 36 % revenue jump.

The company argues the Commission’s justification is full of falsehoods, disputes debt figures and calls for dialogue to protect Ghanaian mining investments.

The Ghanaian filmmaker‑actor earned the top prize for his role in "Drowning" amid a sweep of awards for the film at the festival’s Fall Session.

The bank was honoured for its water projects across Ghana during the 2026 IMF Annual Meeting in Thailand.

Former NPP Ashanti Regional Chairman calls for a dedicated prison hospital and structured family visits after his own remand experience.

President John Dramani Mahama announced plans to revive the national carrier amid broader transport infrastructure upgrades.

The two leaders outlined a partnership that will merge academic expertise with global engineering to scale crop production and create jobs for Mampong’s youth.
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