Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on completing the acquisition of Occidental’s other assets in Algeria, the French energy company said on Monday.
The deal was part of an US$8.8billion agreement reached between Total and Occidental to take over Anadarko’s...
Unprecedented crisis could push up to 60 million into extreme poverty
The World Bank Group has announced that its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population.
Since March, the Bank Group has rapidly delivered record levels of support...
MTN Ghana has presented food items to the Muslim community in support of this year’s Ramadan fasting. The items were presented to the National Chief Imam and three regional Imams in the Ashanti, Western and Northern Regions.
The items donated comprised bags of rice, cartons of cooking oil, bags of...
The Ghana Association of Bankers has appointed Mr. John Awuah as Deputy Chief Executive Officer of the Association, and he will eventually take over from the current Chief Executive Officer, Mr. D.K. Mensah, when the latter retires later in the year.
Prior to his appointment, Mr. Awuah was the Managing...
…following BoG’s earlier policy rate cut
After staying virtually flat for about a year and a half, the average lending rate of banks has started to show signs of decline in April after the Bank of Ghana reduced the monetary policy rate the month before.
The Summary of Economic and Financial...
The local oil palm industry has hailed government’s decision to bring back duties on imported vegetable oil, as it has taken out unfair competition which nearly led to major lay-offs in the sector.
Government announced a reduction in the benchmark valuation of imports effective April 4, 2019 - a policy...
The Ashanti Region police, in a joint operation with the National Insurance Commission (NIC), on Tuesday busted one member of a suspected cartel selling fake insurance stickers upon a tip-off near the Aboabo DVLA Office. The suspect, whose identity has been withheld for investigation purposes, is currently in police...
The Minister of Communication, Republic of Madagascar - Lalatiana Andriamanarivo, has stated that 37 African countries have so far requested Madagascar’s COVID-19 Organics (CVO) remedy for prevention and treatment of coronavirus and been supplied.
According to her, even though ECOWAS as a body has not issued an official statement to...
The Alliance for a Green Revolution in Africa (AGRA) has received an excellence award for promoting food security and transforming the agribusiness sector in Ghana and Africa.
The award was conferred on AGRA by the Agribusiness Chamber, Ghana at the 2nd Ghana Agribusiness Excellence and Leadership Awards held in Accra. The...
It is becoming clear that most - if not all - our major social, economic and political decisions over the next few years will be made through the prism of the coronavirus and the ripple effects of the pandemic.
Lacking the financial resources and healthcare capacity of the more developed...