More refineries in Europe are at risk of permanent closures, with fuel demand on the continent falling again as major economies re-imposed lockdowns to fight the spike in coronavirus cases.
Gasoline demand in Europe is expected to be between 15 and 20 percent lower in November and December compared to...
With the brent crude oil price continuing to rise in November, following reports of a second highly effective Covid-19 vaccine nearing emergency approval in the coming weeks, financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) expects a sharper recovery in oil...
Oil prices rose 1% on Monday, extending gains as traders eyed a recovery in crude demand due to successful coronavirus vaccine trials, and concerns over tensions in the Middle East.
Sentiment was also bolstered by hopes that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a...
Progress in vaccine development and expectations that OPEC+ will decide in less than two weeks to roll over the current cuts for three months instead of easing them from January 2021 give bulls hopes that the oil market will regain some semblance of a balance next year, pushing prices...
It was just three years ago that Mr Emmanuel Eyisi, a member of Cooperative Cocoa Farmers and Marketing Union (CCP) in the Suhum Kraboa Coaltar District had his six-acre cocoa farm ravaged by indiscriminate bush fires.
He had invested all his resources and his cocoa trees had pods nearing maturity...
AngloGold Ashanti Iduapriem Mine has been adjudged the 2019 Mining Company of the Year at the 6th Ghana Mining Industry Awards held in Accra.
The company’s superior performance in environmental management, corporate social investment, occupational health and safety, mining innovation as well as fiscal contributions accounted for the win.
General Manager...
Approximately 70 percent of basic school teachers enrolled in a Science, Technology, Engineering, and Mathematics (STEM) training programme organised by the Practical Education Network (PEN) have expressed concerns over access to reliable and cost-efficient data, stating that it could have significant bearing on their ability to conduct digital learning,...
The President of the Association of Rural Banks, Mr. Daniel  Ohene  Kwaku Owusu, has appealed to the Bank of Ghana (BoG) to re-consider reviewing its directive to rural and community banks (RCBs) to halt the payment of dividend for 2019/2020 financial year.
According to him, while the intention is to...
Fiscal rule to be suspended for three years
The Monetary Policy Committee (MPC) of the central bank has, for the fourth consecutive time, maintained the policy rate, saying, any slight cut of the figure will prove inimical to the economy as investors will not be willing to buy government...
The National Information Technology Agency (NITA) and its Director General, Richard Okyere-Fosu, were honoured at the 10th edition of the Ghana Information Technology and Telecom (GITTA) Awards.
NITA was awarded for Excelence in ICT Regulation, and the Director General emerged as the ICT Professional of the Year – Public Sector.
Mr....
