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Ghana Airlines, a new national carrier is expected to begin operating in the third quarter of 2023. This is after the government of Ghana awarded Ashanti Airlines, and its operational and financial Partners the Zotus Group the tender to…

The Ghana cedi has lost about 5.01% value to the US dollar on the forex or retail market since January 1, 2023. The cedi registered significant gain of 27% in value to the American ‘greenback’ in December 2022 to reduce its year-to-date…

The Social Security and National Insurance Trust (SSNIT) in consultation with the National Pensions Regulatory Authority (NPRA) has increased the monthly pension payment by 25% for 2023. This is in line with Section 80 of the National…

Business Strategist, David Ofosu-Dorte, has advised business owners to hold off reducing staff even as businesses battle challenges due to the prevailing harsh economic conditions. According to him, while he agrees retrenchment is an…

China’s oil consumption is expected to jump by 800,000 barrels per day (bpd) this year to a record 16 million bpd, after Beijing abandoned the strict ‘zero Covid’ policy and re-opened its borders, a median estimate of 11 China-focused…

Oil prices have been buoyed this week by promising inflation data in the U.S., although the uncertainty surrounding China's oil demand will keep oil markets on edge. Oilprice Alert: In this week's Global Energy Alert, Oilprice.com's head…

TotalEnergies will supply LNG and is contributing a floating storage and regasification unit (FSRU) to the Deutsche Ostsee LNG import terminal in Lubmin on the German Baltic Sea coast, which will be inaugurated on Saturday, the French…

Ghana will soon be observing its closed season together with other neighbouring coastal West African states. This is according to the Fisheries Committee for the West Central Gulf of Guinea (FCWC), the technical arm of ECOWAS that…

Apple chief executive Tim Cook will see his annual pay package slashed by more than 40% this year. The technology giant says Mr Cook requested the cut after criticism from shareholders. Apple’s compensation committee awarded him a…

The government accrued ¢10.84 billion out of total bids worth ¢12.03 billion in the money market during the month of December. This was due to the improved demand and tight pricing competition at the auctions. Also, the exemption of…