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Sentuo Oil Refinery Ltd has not taken over TOR

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The purpose of the meeting was purportedly to negotiate the sale of the national refinery to Sentuo. "The meeting, we were told, went from 10 a.m. to 1 p.m. at the TOR's premises, following which there was a massive party at Sentuo Oil Refinery Ltd to commemorate the conclusion of the claimed conference. The meeting has not yet been publicised in the media, nor has Tema Oil Refinery released an official comment on the subject," it said.

Tema Oil Refinery (TOR) has dismissed rumours of a takeover by Sentuo Oil Refinery Ltd., a privately held Chinese oil refinery.

This follows claims made by ASEPA’s Executive Director, Mensah Thompson.

In a statement made on Monday, April 8, Mr Thompson stated that on April 4, ASEPA got a whistle-blower warning from a TOR insider regarding a meeting between TOR management and the Chinese-owned private oil refinery.

The purpose of the meeting was purportedly to negotiate the sale of the national refinery to Sentuo.

“The meeting, we were told, went from 10 a.m. to 1 p.m. at the TOR’s premises, following which there was a massive party at Sentuo Oil Refinery Ltd to commemorate the conclusion of the claimed conference. The meeting has not yet been publicised in the media, nor has Tema Oil Refinery released an official comment on the subject,” it said.

In light of this, ASEPA has announced that it will use the Right to Information Law to compel both TOR and Sentuo Oil Refinery to disclose the nature of their relationship and confirm whether TOR has been outright sold to Sentuo or if certain aspects of TOR’s operations have been transferred to them.

On Wednesday, April 10, 2024, TOR stated that no conversations for selling the refinery had taken place.

According to management, “We have not entered into any unapproved mergers or acquisitions.”

For further information, TOR stated that Sentuo now pays them to hold part of its crude oil in the refinery’s storage tanks, and when Sentuo is ready to refine the crude oil, TOR pumps it back to them.

The statement concluded by clarifying that, “TOR cherishes its relationship with its stakeholders. Therefore, any noteworthy adjustments or developments will be disclosed in a clear and open manner.

“As far as its activities are concerned, TOR is steadfast in its commitment to promoting understanding and explicitly asserts that the management of the Refinery has not been taken over.”

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Power interruptions damage our enterprises; release dumsor schedule – GUTA

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GUTA is asking answers from ECG about the true reasons of the unpredictable power outages, measures to resolve the issue, and a deadline for resolution. They also requested ECG to publish a timeframe for load-shedding so that companies may organise their activities appropriately. Because of the unpredictability of power outages, many shop owners have turned to generators, which has resulted in rising fuel costs to keep them operating during outages.

The Ghana Union of Traders’ Associations (GUTA) has joined demands for the Electricity Company of Ghana (ECG) to produce a load-shedding schedule, citing the persistent power outages that are badly impacting companies and livelihoods across the nation.

GUTA issued a statement emphasising the considerable impact of the power outages on many sectors, including agriculture, trade, and industry.

According to them, firms are struggling to meet production schedules and prepare for their personnel as a result of the irregular power supply, which raises production costs and degrades living conditions.

Traders, store owners, wholesalers, tailors, dressmakers, electricians, and other artists are also suffering business losses as a result of the “Dumsor phenomenon.”

GUTA is asking for answers from ECG about the true reasons of the unpredictable power outages, measures to resolve the issue, and a deadline for resolution.

They also requested ECG to publish a timeframe for load-shedding so that companies may organise their activities appropriately.

Because of the unpredictability of power outages, many shop owners have turned to generators, which has resulted in rising fuel costs to keep them operating during outages.

Click here to read the statement

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The Foreign Affairs Ministry cautions against travelling to Northern Mali

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"The Ministry remains committed to the safety of Ghanaians and will provide updates on the security situation in the region under reference in due course," the statement went on to say. The Foreign Affairs Ministry reminded the people to always prioritise their safety when travelling.

The Ministry of Foreign Affairs and Regional Integration has advised Ghanaians not to travel to certain areas of Northern Mali.

In an official statement, the Ministry underlined recent security concerns along critical routes connecting Mali and Niger, notably in the Gao and Ansongo regions of Northern Mali.

The Ministry mentioned incidents of terrorist activity targeting travellers along these routes.

“The Ministry remains committed to the safety of Ghanaians and will provide updates on the security situation in the region under reference in due course,” the statement went on to say.

The Foreign Affairs Ministry reminded the people to always prioritise their safety when travelling.

Find the statement below:

WhatsApp Image 2024 04 26 at 19.20.01 712x1024 1 jpeg
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Gov’t settles on blue and white as new paint for basic schools

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He also announced the replacement of the brown and yellow outfits. "We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it." The education minister expanded, saying that this project is part of the government's attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

Dr Yaw Osei Adutwum, Minister of Education, has declared that the government intends to repaint all public basic schools in blue and white, replacing the present brown and yellow.

This programme is part of a rebranding campaign to improve the appearance of the institutions.

Dr Adutwum went on to say that this is only one of several initiatives targeted at revitalising and improving basic education in the country.

“We’re moving to blue and white. We are painting all of the schools to give them an appealing appearance. This is the revolution Ghana deserves, and it is on its way,” the minister said at a “The free SHS tale” discussion in Accra on Tuesday, April 23, 2024.

He also announced the replacement of the brown and yellow outfits.

“We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it.”

The education minister expanded, saying that this project is part of the government’s attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

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