Tullow Oil has announced that gross crude production on the Jubilee field has surpassed 100,000 barrels per day for 2023.
This was captured in an operational update to investors on July 17, 2023.According to Tullow Oil, this was after the recent start-up Jubilee South East (JSE) project well was brought...
dubbed future of the financial markets
risk management characteristics touted
The Deputy Chief Executive Officer-National Pensions Regulatory Authority (NPRA), David Tetteh-Amey Abbey, has emphasised the urgent need for introducing a derivatives market.
He said this is important to prevent the domestic financial market from lagging behind its regional peers, and...
The Norwegian Investment Fund for Developing Countries (Norfund) has invested US$10.5 million in Miniplast Ghana Ltd.
The investment is to support the company’s expansion plans across its manufacturing and recycling segments.
Commenting on the investment, Investment Manager of Norfund, Obafemi Awobokun, said supporting local manufacturing and recycling initiatives would help create...
Mr Nicolas Gebara, Team Leader of Compete Ghana, has said the Economic Partnership Agreement (EPA) between the European Union (EU) and Ghana reduces trade barriers between the two entities and this enhancesGhanaian exporters’ opportunities for export to the EU
He said among the Agreement allows Ghanaian companies to enjoy access...
Graceful but affectionate, eminent but humble, noble but enchanting, Samira Bawumia has conducted herself with decency and finesse as a modern-day political spouse. Having burst onto the scene, through her husband's role as running mate and subsequently VP, she has been a crucible of support, magnetism, and progress.
Beloved by...
In today's age of global warming, characterised by a rise in the frequency and severity of floods and fires, the significance of taking preventive measures cannot be overstated. Ghana, in particular, experiences periodic flooding attributed to various factors such as heavy rainfall, inadequate drainage systems, and human activities like...
calls for full participation to revive economy
The Ministry of Finance last Friday invited eligible holders of approximately US$809million worth of United States dollar-denominated domestic notes and bonds to exchange them for a package of new bonds.
The invitation, a sequel to the Domestic Debt Exchange Programme (DDEP) launched in...
Chinese President Xi Jinping has promulgated a new law on foreign affairs to legitimize tough measures that Beijing is taking against the “bullying” of the “hegemonic West.” The statute, “The Law on Foreign Relations of the People’s Republic of China (PRC),” which takes effect on July 1, will also...
Ghana, like several other countries in Africa, is struggling with the negative impact of climate change. In a country that has almost half of the population engaged in smallholder farming activities, erratic rainfall patterns due to climate change are making it difficult for people to feed themselves.
Extreme weather events...
Some 422 suspects have been arrested during a raid on illegal lending apps at three separate locations in Accra.
The raid by a joint technical task force comprising the Economic and Organised Crime Office (EOCO), Bank of Ghana (BoG) and Cyber Security Authority (CSA) follows painstaking investigations into some 270...