Shell wins shareholder approval to purchase BG Group

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Royal Dutch Shell Plc won shareholder approval to buy BG Group Plc, sealing its biggest acquisition amid the worst oil-industry slump since the global...

Bill Gates still richest man in the world

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Bill Gates has been announced as the richest man in the world once again after fresh data has valued his net worth at a...

OPEC daily basket price $25.11

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The price of OPEC basket of thirteen crudes stood at $25.11 a barrel on Tuesday, compared with $25.58 the previous day, according to OPEC...

Electricity tariff hike cut to 45%, 50%

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The government has agreed to reduce the recently upwardly adjusted electricity tariff from 59.2% to 45% and 50%, respectively for two specific categories of...

Oil resumes decline near $30

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Oil resumed its decline near $30 a barrel after US industry data showed crude stockpiles increased, exacerbating a global glut. Futures slid as much as...

Power consumption too high – Minister

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Mr John Abdulai Jinapor, the Deputy Minister of Power, has urged the public to conserve energy in their usage of power as there is...

SA’s economy to remain weak – S&P

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Ratings agency Standard & Poor’s (S&P’s) expects a tough year for the South African economy. In its ‘Sub-Saharan Africa Rating Trends 2016’ report, the agency...

Boris: Don’t blame Google for paying low taxes

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Boris Johnson has said it is "absurd" to blame corporate giants for the "derisory" sums of tax they pay in Britain, as most companies...