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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    CBOD calls for a more structured supply of Forex for petroleum products

    Economy grows by 3.3% in Q1 of 2022; slowest since Q3 of 2020

    Ghana International Bank reaches agreement with UK’s FCA over £5.8m fine

    UK watchdog fines Ghana International Bank for poor anti-money laundering systems

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

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    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

    #CitiBusinessFestival: Forum on surviving uncertainties of consumer markets comes off today

    A law that will compel banks to lend to Agric sector players being considered – Min. of Agric

    National Unemployment Insurance Scheme training launched

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    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

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South African strike could hit oil refineries- union

bycitibusinessnews
July 28, 2016
in Africa, Southern Africa, Top Stories
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South African energy workers plan to strike from Thursday(today) over wages, potentially affecting crude oil refineries and fuel depots, the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union (CEPPWAWU) said yesterday.

Around 23,000 workers in the petrochemical and pharmaceutical sectors are expected to down tools, Clement Chitja, head of collective bargaining, said.

“We want a deal of 9 percent in one year,” Chitja told Reuters, adding that employer associations were offering less and looking for multi-year agreements.

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The National Petroleum Employers Association was not available to comment.

The work stoppage could further damage the economy, which is forecast by the central bank to remain stagnant this year after expanding 1.3 percent in 2015.

Africa’s most industrialised economy is a net importer of refined petroleum products and a prolonged strike could lead to shortages ahead of municipal elections in August.
Shell and BP jointly operate South Africa’s largest refinery, the 190,000 barrel a day Sapref plant along the east coast, with Chevron, Sasol and PetroSA also running refineries.
–
Credit: CNBC Africa

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