Business
Latest Business News
Investments constituted largest component of total assets of banks as of October 2023; hit ¢103.7bn – BoG
Investments constituted the largest component of the total assets of banks as…
Gold Fields sells its 45% shareholding in Asanko Gold
Gold Fields Limited has announced the divestment of its 45% shareholding in…
Analysts Say Oil Prices Unlikely To Hit $100 In 2024
Surging non-OPEC+ oil production and significant storage space held by the OPEC+…
Angola Decides to Leave OPEC
Angola is leaving OPEC, Angolan news agency ANGOP reported on Thursday, quoting the African…
OPEC Influence Wavers as U.S. Shale Roars Back
In April this year, OPEC surprised oil markets by announcing additional production…
EIA Reports Significant Build in Oil and Fuel Stocks
Crude oil prices moved lower today after the U.S. Energy Information Administration reported an…
Will the COP28 Consensus Keep Fossil Fuels in the Ground?
The consensus agreement reached in Dubai last week evoked a mixture of…
OPEC’s 2024 Crude Oil Production Cuts, Explained
On November 30, 2023, OPEC (Organization of the Petroleum Exporting Countries) and…
Banking industry: Shareholders’ funds contract by 4.2% to ¢25.4bn – BoG
Shareholders’ funds in the banking industry contracted by 4.2% to ¢25.4 billion…
Growth slows in Q3 2023 amid fiscal consolidation
Provisional economic growth averaged two percent in the third quarter of 2023,…