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The Bulk Oil Storage and Transportation Limited Company (BOST) recorded a whopping profit of GH₵342m profit in 2022. This means the net profit margin of BOST increased from GH₵161 million in 2021 to GH₵342 million in 2022. The GH₵181m…

Former executives at Tesla, who have seen the early-day struggles of the world’s most famous EV brand, have raised more than $26 billion after leaving Tesla to develop their own green energy startups. More than 30 startups have been…

In another blow to dollar dominance, India and the United Arab Emirates settled an oil trade without converting local currencies to dollars for the first time on Monday, as India’s top refiner made a payment for oil in rupees. Indian Oil…

The Ghana Federation of Labour (GFL) has called for prudent management of the economy to navigate the state from the current challenges, whether domestically or foreign-induced, to ensure better living standards. Mr. Abraham Koomson, the…

A Deputy Finance Minister, Dr John Kumah has urged the Public Interest Accountability Committee (PIAC) to spearhead the call for a revision of existing petroleum agreements so that Ghana can benefit more from its oil production. He…

Ghana’s external debt to Gross Domestic Product (GDP) ratio of about 39.5 percent in 2022 ranked it the sixth highest in Africa. According to the African Development Bank 2023 West Africa Economic Outlook Report, Ghana’s external debt to…

The Volta Regional Coordinating Council in partnership with the Association of Ghana Industries has launched the 6th edition of the Volta Trade and Investment Fair. The Fair is themed “Leveraging the African Continental Free Trade Area…

Ghana’s fiscal deficit to Gross Domestic Product (GDP) of 9.0% was the highest in West Africa in 2022, the African Development Bank West African Economic Outlook 2023 Report has revealed. According to the report, the fiscal deficit to…

The Cyber Security Authority (CSA) has set September 30, 2023 as the deadline for cybersecurity service providers (CSPs), cybersecurity establishments (CEs), and cybersecurity professionals (CPs) to obtain the necessary licence and…

The Producer Price Inflation (PPI) rate for July 2023 was 32.7 percent.  The rate indicates that between July 2022 and July 2023 (year-on-year), the PPI increased by 32.7 per cent. The rate represents a 3.5 percentage point increase…