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The booming oil production in Texas is leaving behind thousands of oil wells that are no longer active. The wells no longer in production are being plugged by their respective operators, but if an inactive well hasn't had a solvent…

The Ministry of Public Enterprises is set to launch a league table to evaluate and showcase the performance of State-Owned Entities(SOEs). This initiative aims to address concerns about the financial losses many of these enterprises have…

The Nigerian oil industry has had a roller coaster of a year. In January, Shell announced that it would be exiting the West African nation’s onshore oil industry after nearly a century of operations as a result of unstable and unsavory…

The Ghana Mine Workers’ Union of the Trades Union Congress has called on Chief Justice Gertrude Torkornoo, to assist in expediting legal proceedings in their case against Sunon Asogli. The union is seeking the reinstatement of three…

The Bank of Ghana (BoG) has introduced draft regulations aimed at establishing a comprehensive framework for the Ghana’s digital asset sector. Announced on August 16, 2024, the proposed guidelines are designed to foster financial…

The volume of Chinese lending to Africa has slowed dramatically in recent years – especially during the Covid-19 pandemic – but Beijing continues to play an important role in providing the continent with finance. The Chinese government…

Audit and accounting firm, Deloitte Ghana, says the reduction in interest payments by government should create the needed fiscal space to implement key government programmes to revitalise and transform the economy. The debt restructuring…

The Independent Power Generators, Ghana has denied reaching an agreement with the government to restructure the $1.0 billion debt owed its members. According to its Chief Executive Officer, Dr. Elikplim Kwabla Apetorgbor, negotiations…

Scores of New Patriotic Party (NPP) supporters are set to gather at the Ghana Secondary Technical School (GSTS) in Takoradi today, August 18, for the launch of the party's 2024 manifesto. The event, scheduled to start at 1:00 pm, follows…

The Auditor-General, Johnson Akuamoah Asiedu, has announced a substantial       GHȼ5.4billion decrease in financial irregularities within public institutions. This means that for last year the Service reports detected financial…