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Refining margins in Asia have dropped in recent weeks as China ramped up exports of fuels amid high export quotas assigned to its refiners in recent months. The profit margins of processing diesel are still at high levels historically,…

When the energy crisis hit a nadir two years ago, highly indebted oil and gas companies quickly changed their playbook, adopting stricter cost discipline, cutting back on expensive drilling programs and vowing to return more cash to…

Gold Fields Ltd. and Kosmos Energy Ltd have joined a list of companies disputing back tax bills by the Ghana Revenue Authority (GRA). Gold Fields and Kosmos join Tullow Oil Plc and MTN Group Limited who have…

The Social Security and National Insurance Trust (SSNIT) has said most of the findings of the Auditor-General’s report on the Trust for the financial year ended December 2020 are follow-ups on legacy issues spanning over two decades that…

The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has descended on government for borrowing from the Bank of Ghana. Bloomberg reported that the International Monetary Fund (IMF) is pushing the…

The Ghana cedi has appreciated marginally against the US dollar for days running as it sold at ¢10.80 to one US dollar on the interbank rates as of Wednesday, February 1, 2023. However, on the forex or retail market, it is sold at ¢12.60…

Government has been told to exempt vehicle insurance funds from the Domestic Debt Exchange Programme (DDEP) despite reaching an agreement with insurance firms on the DDEP. According to Young Africans for Opportunities, exempting vehicle…

The WHI study measured the most severe, life-threatening outcomes: breast cancer, heart disease, stroke, and blood clots, among others. But for a woman who is constantly losing hair, who has joint pains, who suddenly finds that her smell…

Fitch Solutions, has expressed optimism of a likely International Monetary Fund Board approval for a programme for Ghana in the first quarter of 2023. In its January 2023 Sub-Saharan Africa Macroeconomic Update, it said the country has…

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year’s total and the highest in its 115-year…