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Ghana wins $393m Tullow Tax Arbitration

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Ghana has won an international tax arbitration case against Tullow Ghana Limited over the taxation of business interruption insurance proceeds.

The Ministry of Finance said an arbitral tribunal constituted under the Rules of Arbitration of the International Chamber of Commerce delivered its award on Tuesday, September 29, 2026, ruling in favour of the Republic.

According to the Ministry, the tribunal dismissed all claims brought by Tullow and upheld in full the Ghana Revenue Authority’s tax assessment of US$393,091,993.70.

It said the tribunal also found that the tax assessment did not breach Ghana’s Petroleum Agreements, the penalty imposed was properly applied, and the assessment was not time-barred.

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The tribunal further ruled that the enforcement action taken by the Ghana Revenue Authority was lawful, the Ministry said.

Finance Minister Dr Cassiel Ato Forson acknowledged the work of the Attorney-General’s Office, the Ghana Revenue Authority and Ghana’s external legal counsel, Foley Hoag LLP, in defending Ghana’s position.

He said the outcome supports the government’s position that all companies operating in Ghana, regardless of their size, are subject to the country’s laws.

The Ministry, however, said the government had been in discussions with Tullow before the tribunal’s decision to find an amicable solution to outstanding tax matters between the two parties.

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It said those discussions would continue to cover both the matter decided by the tribunal and a separate case involving the disallowance of loan interest.

The government described Tullow as a vital partner and Ghana’s largest petroleum producer, noting that its operations in the Jubilee and TEN fields contribute to the country’s energy security, domestic gas supply and thousands of jobs.

The Ministry said the government would work closely with Tullow to implement the tribunal’s decision in accordance with Ghanaian law.

It added that the government would consider the need to maintain operations in the Jubilee and TEN fields while ensuring that Tullow can continue making the investments needed to operate in Ghana.

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Dr Forson said the government’s approach would be to secure the revenues due to the Ghanaian people while preserving Tullow’s ability to continue operating and investing in the country as a going concern.

By: Jacob Aggrey

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NPP needs Afoko to break NDC In 2028 — Political Scientist

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Political Scientist Dr. Kwasi Amakye-Boateng has argued that the New Patriotic Party (NPP) faces a tougher task ahead of the 2028 elections because of what he described as improvements in Ghana’s economy under President John Dramani Mahama.

Speaking on Precise FM on Friday October 2, 2026, the Senior KNUST Lecturer said Mahama had performed creditably on inflation and the exchange rate, underscoring the need for strong opposition leadership to make the NPP attractive to Ghanaians through new national leaders.

He said the NPP’s attempts to attribute the economic improvement mainly to the government’s GoldBod policies did not fully answer why the party itself did not achieve similar results when it was in government.

Dr. Amakye-Boateng holds the view that the NPP has “extra work to do” if it wants to present a convincing alternative to voters in 2028, pointing to why Awentami Paul Afoko should be the best person to be elected as National Chairman.

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Dr. Amakye-Boateng also linked that challenge to Mahamudu Bawumia’s record as Vice President under the Akufo-Addo administration.

According to him, Dr. Bawumia could face questions about any new economic proposals he presents during the next election cycle because he served in the previous government.
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Bawumia’s integrity has been on the line because he participated in Akufo-Addo’s government,” he said.

He argued that if Bawumia campaigns on policies that differ from those implemented under the previous administration, voters could ask why he did not pursue those policies while in government.

“If Bawumia campaigns and tells the electorate about new policies he intends to bring, that would be compromised because people would ask him, ‘Why didn’t you do that when you were in the erstwhile NPP government?’” he said.

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For Dr. Amakye-Boateng, the NPP’s response should begin with a change in its internal leadership and identity.

He said a new leadership structure could allow the party to distance itself from its previous record and present a fresh political message to voters.

“With a new identity starting with the election of Awentami Paul Afoko, then they would be on a new trajectory that would appeal to the masses,” he said.

By: Jacob Aggrey

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Mahama visits Global Mercy Ship at Tema port, hails its humanitarian impact

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President John Dramani Mahama has described the Global Mercy hospital ship as a “floating vessel of true mercy and humanism” after touring the world’s largest civilian hospital ship docked at the Tema Port.

In a post after his visit, President Mahama said he was deeply moved by his interactions with fellow Ghanaians undergoing life-changing treatments on board the ship, including children with orthopaedic conditions, many of whom had waited years to receive care.

The President welcomed the Mercy Ships team back to Ghana for their fifth mission since 1991.

“In a world where countries and individuals are increasingly focused on self-interest, Mercy Ships remains a floating vessel of true mercy and humanism,” Mahama stated.

He noted that the impact of Mercy Ships in Ghana is remarkable, adding that during its 10-month stay, the mission will continue to provide direct patient care while training local health workers alongside its international medical team.

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Sharing a lighter moment from the tour, the President said as someone who had never sailed on a ship before, he expected to be walking like a sailor.

“I was pleasantly surprised by how steady and stable the ship is. It felt just like any modern hospital on land,” he said.

President Mahama expressed his gratitude to the dedicated medical crew, volunteers, donors, local partners, and friends of Mercy Ships, assuring them that this will not be their last mission to Ghana.

“My sincere gratitude to the dedicated medical crew, volunteers, donors, local partners, and friends of Mercy Ships. As I told them today, this is not the first time they have been here, and it will certainly not be the last.”

He reiterated his administration’s commitment to expanding access to quality healthcare for all Ghanaians, despite appreciating humanitarian support.

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According to him, “While we appreciate humanitarian support, my administration remains firmly committed to expanding access to quality healthcare for all Ghanaians. We are expanding free primary health care, strengthening the National Health Insurance Scheme (NHIS), investing in hospitals and health workers, and using the Ghana Medical Trust Fund to ease the burden of serious non-communicable diseases on families.”

“To the crew of the Global Mercy, Ghana says thank you,” Mahama added.

By Edem Mensah-Tsotorme

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