Wednesday, 11 November 2026

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TOR reduces negative equity from GH¢7.5bn to GH¢5bn – Kombat

The Tema Oil Refinery (TOR) says it has reduced its negative equity from GH¢7.5 billion to GH¢5 billion as part of efforts to restore its financial stability. Managing Director of TOR, Edmond Kombat, says the improvement forms part of a broader restructuring programme aimed at strengthening the refinery’s balance sheet and positioning it for long-term […]

TOR reduces negative equity from GH¢7.5bn to GH¢5bn – Kombat

The Tema Oil Refinery (TOR) says it has reduced its negative equity from GH¢7.5 billion to GH¢5 billion as part of efforts to restore its financial stability. Managing Director of TOR, Edmond Kombat, says the improvement forms part of a broader restructuring programme aimed at strengthening the refinery’s balance sheet and positioning it for long-term […]

Read the full story on MyJoyOnline

Source: MyJoyOnline

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