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Many high-profile Twitter media accounts have lost their labels describing their affiliations or funding models, following major changes on the social media platform. On Friday, several media outlets that previously had tags such as…

Finance Minister, Ken Ofori-Atta, says Ghana may have to wait some three or more years before going back to the international capital market. According to him, while the country hopefully gets onto an IMF programme, Ghana’s temporary…

Government has debunked the notion its policies are unfriendly and have been crippling local businesses, particularly at the ports. This comes after several reports indicating that imports at Ghana’s ports in recent times have declined.…

The yield on benchmark 91-day Treasury bills (T-bills) is expected to reach the 20 percent mark for the first time since the third week in March, marginally raising government’s cost of borrowing. Yields on the shortest-tenor bill jumped…

Ghana earned in excess of $1.42 billion from the production of crude oil in 2022, despite a marginal decline of production for the year, the 2022 Public Interest and Accountability Committee (PIAC) Annual Report has revealed. This is the…

The 2022 Public Interest and Accountability Committee (PIAC) Annual Report has revealed that crude oil production in Ghana has been declining for three consecutive years. According to the report, a volume of 71,439,585 barrels was…

Previously, we reported that energy agencies have been growing more bearish with their forecasts on oil demand growth with four experts including  IEA and OPEC Secretariat giving divergent views. Alarmingly, the normally bullish…

South Africa’s energy sector is in a state of disarray. Once one of the most reliable utilities in Africa, Eskom – the country’s state-owned power utility – now exists in a state of constant emergency which is currently threatening to push…

Demand worries outweighed supply concerns this week to push down oil prices, reinforced by heightened expectations of more U.S. rate hikes that lifted the greenback. In morning trade in Asia oil was down for the third day out of the last…

Chinese authorities are expected to give much lower fuel export allowances to refiners in the second batch of quotas in the coming weeks amid rising domestic demand, a Reuters survey of state refiners and consultancies showed on Thursday.…