News
Engineers & Planners acquires Azumah Resources Ghana and Upwest Resources
Engineers & Planners Company Ltd (E&P) has announced the completion of the acquisition of Azumah Resources Ghana Ltd and Upwest Resources Ltd.
The company explained that the acquisition was finalised after a share transfer agreement with the Ghanaian Beneficial Owner, and the process had been duly registered with the Registrar of Companies with prior approval from the Minerals Commission.
According to E&P, the deal formally placed the Black Volta and Sankofa Projects under its full ownership and management.
The company described the acquisition as a landmark achievement not only for itself but also for Ghana’s mining industry, stressing that after decades of inactivity, the projects were now set for full-scale development under Ghanaian leadership.
E&P indicated that it had secured the necessary funding to begin immediate development.
It further explained that part of the plan involved working with the Ghana Revenue Authority (GRA) to audit and confirm all loans previously recorded as investments in the projects.
The company added that all genuine loans would be repaid, subject to applicable taxes, to ensure fiscal compliance and safeguard state revenue.
The company said the secured funding would be deployed to commence mine construction and operations within the shortest possible time.
E&P noted that the acquisition was not just a commercial opportunity but also a national duty, pointing out that the Black Volta and Sankofa Projects had remained undeveloped since 1992.
The company further stressed that moving the projects forward would create jobs, stimulate local economic activity, and contribute royalties and taxes to the state.
It added that communities in the Upper West Region would benefit from infrastructure and social investment linked to the projects.
The Chief Executive Officer of Engineers & Planners, Ibrahim Mahama, said it was a proud moment for both the company and Ghana.
He stated that E&P was committed to ensuring that the projects, which had remained dormant for too long, would deliver real value to the country and its people.
He also said the company would work transparently with regulators and stakeholders to build mines that create shared prosperity.
E&P concluded that with the acquisition completed, it was ready to begin an intensive development programme, which it believed would set a precedent for Ghanaian-led mining ventures capable of competing globally while prioritizing national benefit.
By: Jacob Aggrey
News
President Mahama to hold first media encounter of his second term
President John Dramani Mahama will host a Presidential Media Encounter on Wednesday, September 10, 2025.
The event is scheduled to place at The Presidency at 8:00pm.
The encounter will provide a unique platform for President Mahama to engage the Ghanaian people through the media, on pressing national issues, his Resetting Ghana Agenda, policies and ongoing projects
It will also offer an opportunity for journalists to pose questions directly to the President on a wide
range of subjects affecting the nation.
Participation will be strictly by accreditation
The Presidency looks forward to a productive and engaging session with the media
News
Star Oil serves final demand notice to Goshers
Lawyers of Star Oil have issued final demand notice to social media user Benjamin Kojo Mensah, popularly known as Goshers, demanding GHS 20 million in damages for defamation.
The company said in a statement that a demand notice was served on Mr. Mensah on Friday morning, but it expired at the close of day on Saturday without compliance.
As a result, Star Oil instructed its lawyers, Lex Vanem & Associates, to proceed to issue a final demand noticd for retraction and rendering of unqualified apology.
The added that, the company will proceed to court should Goshers fail to comply with the directive.
According to the lawyers, Mr. Mensah posted on Facebook on September 3, 2025, alleging that he had been cheated after buying fuel at Star Oil’s Anyinase station near Elubo.
He wrote, “I feel cheated by Star Oil this morning,” and attached a crying emoji and a video.
The company described the post as defamatory, unfounded, and malicious.
It said the post had gained wide attention, with more than 2,000 likes, over 264 comments, at least 30 shares, and more than 58,000 views by the following morning.
The same content was also uploaded on YouTube.
Star Oil noted that its team reached out to Mr. Mensah to understand his concerns but insisted that the claims damaged its reputation.
The company stressed that it had built its brand over the past 27 years to become the largest distributor of petroleum products in Ghana and would not allow social media to be used to tarnish its image.
The company also urged customers who feel cheated or encounter poor service to use Star Oil’s official hotlines or the National Petroleum Authority’s Consumer Protection Service to lodge complaints, saying these were the proper channels for redress.
By: Jacob Aggrey
