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Crude oil prices moved higher today after the Energy Information Administration reported a crude oil inventory draw of 2.2 million barrels for the week to September 22. This compared with an inventory draw of 2.1 million barrels for the…

The world of hydrocarbon project financing remains a contentious topic for many investors, with conflicting reports challenging their commitments to energy transition and climate change goals. Even as recent reports suggest a continued…

The Ghana Export Promotion Authority (GEPA) is working tirelessly to open up new markets and trade opportunities for those in the coconut sector. Currently, the sector employs about 360,000 Ghanaians and when given the needed support it…

Former Trade Minister Alan Kyerematen has said that his immediate past boss, President Nana Addo Dankwa Akufo-Addo is passionate about industrialisation and value-addition. Mr Kyerematen believes that the New Patriotic Party government…

It is important in the current economic atmosphere that banks reduce the ratio of their non-performing loans to accommodate the impact of the recent debt restructuring and to salvage losses. Figures from the Bank of Ghana, however,…

Instead of expecting host countries to bend their long-held cultures and values, multinational companies investing in Africa have been urged to adjust culturally to the norms and traditions of their hosts. Adjusting to the culture and…

Although the domestic livestock industry accounts for about 40 percent of the agricultural sector’s total annual output, it gets a mere five to 10 percent of the sector’s total budget allocation. Apart from contributing a significant…

GOIL PLC is gearing up to enter the West African bitumen market by introducing innovative products, specifically polymer-modified bitumen (PMB) and bitumen emulsion, as part of the company’s ongoing diversification efforts. The company…

A founding member of the New Patriotic Party (NPP), Dr. Nyaho Nyaho-Tamakloe, has expressed worry about the abandonment of the party’s founding development-oriented principles. According to  Dr. Nyaho-Tamakloe, all the patriotic…

High-frequency real sector indicators showed a sustained turnaround in economic activity. According to the Bank of Ghana, the updated real Composite Index of Economic Activity (CIEA) contracted at a slower pace by 2.8% year-on-year in…