OPEC President: Oil on rebalancing path
“Higher oil demand is expected in the 3rd and 4th quarters”, HE Dr Mohammed Bin Saleh Al-Sada, Qatar’s Minister of Energy and Industry and...
‘Stable’ power supply due to increase in hydro generation – GRIDCo
The marginal increase in generation from the hydro sources power sector may have contributed to the relative stability in power supply being enjoyed by...
Ghana’s biggest economic problem: People don’t have money to spend
Kwame Ofori Asomaning – MD of GGFC
Last week the finance minister revised economic growth outlook indicating that the 5.4% growth estimated for 2016 is...
Emirates’ Africa routes to reach 28
Emirates Airline has announced that it will resume flights to Conakry, the capital of Guinea, from 30 October 2016, which will subsequently increase its...
Eni reports €1.24bn loss
Italian energy firm Eni, which has invested US$7.5 billion in Ghana's Tweneboa, Enyenra and Ntomme (TEN) oil and gas fields, and also intends investing...
Oil futures steady near $42
Crude oil futures had a little change in early Asia trading on Monday, 8 August, pausing after a volatile week that tipped prices into...
Afreximbank appoints Dir. for Syndications & Agency
The African Export-Import Bank (Afreximbank) has announced the appointment of Irfan Afzal as its Director for Syndications and Agency.
Mr. Afzal, who has more than...
HFC awaits court’s ruling in Finatrade debt saga
HFC bank has told Citi Business News it will await a court ruling before it makes its next move following Finatrade’s indebtedness to it.
HFC...
