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The much-talked-about Tamale International Airport is set to be operationalised at the end of the month, Transport Minister, Kwaku Ofori Asiamah has told Parliament. This will allow air passengers in the northern part of the country to…

OPEC has lifted its crude oil demand forecast for 2023, to 2.4 million barrels per day (bpd), according to the group’s latest Monthly Oil Market Report (MOMR) released on Thursday. OPEC’s expectation for this year’s oil demand is an…

Total oil exports out of Russia slumped by 600,000 barrels per day (bpd) in June, to the lowest level in more than two years, according to estimates by the International Energy Agency (IEA) in its Oil Market Report published on Thursday.…

When Saudi Arabia announced at the June OPEC meeting that it will reduce its oil production by 1 million barrels daily, traders basically brushed it off. When it announced it would extend these cuts through August, with Russia saying it…

Persistent economic headwinds have prompted the International Energy Agency (IEA) to cut its global oil demand growth forecast for the first time this year. The agency continues to see a record-high global oil demand in 2023, at 102.1…

Ghana’s fiscal economy is expected to recover significantly this year as the budget deficit would narrow substantially to 5.7% of Gross Domestic Product (GDP) in 2023/2024, down from an estimated 8.3% in 2022/2023. According to Fitch…

The government has been called upon to support the smock value chain to absorb the unemployed young people as part of efforts to reduce the high rate of youth unemployment in the country.  The move would also reduce the large number of…

Ghana’s fiscal economy is expected to recover significantly this year as the budget deficit would narrow substantially to 5.7% of Gross Domestic Product (GDP) in 2023/2024, down from an estimated 8.3% in 2022/2023. According to Fitch…

The management team of the Ghana Trade Fair Company Limited is committed to converting the trade fair centre into a leading trading hub in West Africa. Over the next five years, it aims to complete a project that will host the African…

Local banks are pushing for better terms in the restructuring of cocoa bill holdings as the government proposes to replace them with five new bonds. Information from the market suggests that the new bonds come with a coupon rate of 12…