The fangs of the new Coronavirus, since its appearance in late 2019, have cut through all sectors of national economies leaving nothing unscathed.
For the global energy sector, it has resulted in a historic dive in oil prices, way below projections of many oil-based entities and budgets of national governments....
The economic shock experienced by most economies caused by the coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual...
Yecham Property Consult in conjunction with the IFC –EDGE Program and supported by the Embassy of Denmark, hosted a virtual edition of the Ghana Green Building Summit from July 23rd to 24th July, 2020 at the head office of CalBank.
The iconic tower, which was the perfect setting to host...
Golden Star Resources (GSR) Limited, the gold mining company that owns and operates the Wassa and Prestea underground mines, has said the sale of its Bogoso-Prestea Gold Mine to Future Global Resources (FGR) for US$95million presents the best opportunity to focus all of the company’s attention on maximizing the...
Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90percent interest in the Bogoso-Prestea Gold Mine.
The agreement stipulates that an initial purchase price of $55 million shall be paid with a further contingent component of up to...
Ghana is set to commence payment of the new US$400 cocoa Living Income Differential tariff in October when the 2020/2021 crop season begins.
The LID tariff agreed in 2019 between the governments of Ghana and Ivory Coast and international cocoa traders and manufacturers is a measure hoped to help alleviate...
The discovery of oil has often not only triggered jubilation rather but also igniting optimism for economic development in developing countries. In developing countries, where oil is produced, most of these countries are known to be oil-reliant countries. Being an oil-reliant economy indicates that oil is considered a significant...
With more than 30% of the world’s mineral reserve, mining on the African continent dates back to the 15th century – currently, mining industries in Africa produce more than 60 different metals: copper, diamond, gold, gemstones, platinum, aluminium, bauxite, manganese, coal, iron ore, nickel, lead and zinc are a...
Ghana’s oil and gas industry has made steady progress in pushing for more local content in the sourcing of goods, services and labour. However, with the outbreak of COVID-19, the industry is set to face major setbacks due to disruption caused by the Coronavirus pandemic and the collapse in...