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The Institute for Energy Security (IES) is calling on government to come clear on the 600,000 barrels of Russian crude oil aboard MT Theseus. According to the energy think tank, government must also let Ghanaians know why it failed to…

Ghana’s cedi, the world’s second-worst performing currency this year, is heading for more pain after the country missed a self-imposed deadline to restructure its bilateral debt and move closer to tapping foreign aid. Finance Minister…

To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds. Lucara Diamond Corp is sinking an…

U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters.…

Shell’s executive leadership discussed leaving Europe and relocating to the United States, the Financial Times has reported, citing unnamed sources familiar with the discussion. According to the FT’s sources, the supermajor’s new chief…

OPEC’s crude oil production for February was, on average, 150,000 bpd more than it was in January, a Reuters survey found on Tuesday.  OPEC’s February crude oil production rose to 28.97 million bpd, the survey said, but is still 700,000…

Oil prices were up early on Tuesday morning, but both WTI and Brent remain on course for a fourth consecutive monthly loss, although there are some bullish catalysts looming in March. Chart of the Week -…

A Senior Research Fellow at the Institute of Fiscal Studies, Dr. Said Boakye, has said that Ghana will secure an International Monetary Fund programme despite the slow pace in meeting some key criteria. He, however, maintained that the…

The Chief Executive of the Ghana Investment Promotion Center (GIPC), Yofi Grant, is expressing optimism of Ghana reaching a deal with the International Monetary Fund in the coming months to facilitate the revival of the economy. The…

Ghana’s economy is expected to rebound to the 5% bracket from 2024. According to ratings agency, S&P, the economy will expand by 5.1% in 2024 and further to 5.4% and 5.5% in 2025 and 2026 respectively. The rating agency, however,…