Tullow Oil plc (Tullow) is pleased to announce that it has completed the pre-emption related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos Energy. The cash consideration paid on completion was US$118 million, reflecting closing adjustments and was funded from cash...
… to hold rising inflation, falling cedi The Monetary Policy Committee (MPC) of the Bank of Ghana has - for the first time in recent history - hiked the policy rate by 250 basis points, saying current economic conditions which include fiscal pressures, inflation and exchange rate volatility, among...
Stanbic Investment Management Services  The recent strife between Russia and Ukraine has unnerved investors, sparking significant selloffs across asset classes in favour of safe-haven assets. The ongoing geopolitical conflict, poses a risk to an already dimmed global growth forecast, casting a spillover effect on the financial markets. This, coupled with interest...
…as Zoomlion supports with 13 garbage trucks In support of the ‘Keeping Ashanti Region Clean and Green’ agenda, Zoomlion Ghana Limited (ZGL) has presented 13 brand-new state-of-the-art-waste collection trucks to district assemblies in the Greater Kumasi area of the Ashanti Region. The waste management trucks will help address the problem of...
…additional moves in minor season for all fleets under consideration The Compliance rate by Industrial Trawlers and Inshore Fleet made 100 percent, with artisanal and semi-industrial fishers scoring 90 percent in the recent 2021 fishing Closed Season, Minister of Fisheries and Aquaculture Development Mavis Hawa Koomson has disclosed. The minister who...
President and CEO of RIFE, Kwabena Osei-Sarpong, attended the launch of a partnership to facilitate export-led growth between the U.S Department of Commerce and Goldman Sachs 10,000 Small Businesses at a roundtable discussion at Morgan State University on 11 February 2022. The launch under the theme “New Year, New Growth,...
African Export-Import Bank (Afreximbank) has announced the finalisation of a US$207million facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned Japanese organisation focused on trade and investment. The facility will support the Bank’s broader response measures to the COVID-19 pandemic, especially its financing efforts for the acquisition of COVID-19...
Using digital marketing to generate leads, sell products, and spread your brand name around the internet can seem like an overwhelming task. AIDA marketing campaigns (Awareness, Interest, Desire, Action) have been used effectively by businesses of all sizes since the first century AD. St Elmo Lewis developed this model...
Africa's global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya, Côte d'Ivoire, Zambia, Tanzania, Uganda, Republic of...
It’s hard to comprehend that we’re about to reach the two-year mark of the heart-wrenching, head-spinning global disruption brought on by COVID-19. At the risk of belabouring the “how much our lives have changed” point, there’s one thing that we can be sure of – the resilience of hungry...