Browsing: Agric and Environment

Based on recent data from the International Energy Agency, the global oil market fell into deficit (with demand outstripping production) in the first quarter of 2024. Due to this evolving supply-demand dynamic and rising geopolitical pressures, we revised up our oil price forecasts, with dated Brent Blend to remain above US$80/barrel until late 2025. This will lift inflationary pressures in many countries at a time when their currencies are losing ground against the dollar.

The decline in maize prices was attributed to competitively priced offers from the Black Sea region, larger production in major exporters, and favorable prospects for the next harvest, with global maize production in the 2023-24 season expected to increase by 6.0% to an all-time high.

AgriTech Challenge Pro was introduced by KIC to provide young people with entrepreneurial skills within the agricultural sector.

Increasing permanent income, graduate education, and a growing expatriate population are some major factors affecting the demand for houses in Ghana. 

A Public Interest and Accountability Committee (PIAC) report indicates that as of the end of 2022, the government owed GNPC a staggering $1.14 billion.

We have observed that global cocoa prices have been soaring in recent time, hitting an all-time high of $10,000 USD per ton. 

This shows a significant jump in the economic activities when compared to the GH¢614.33 billion recorded in 2022. 

The National Petroleum Authority (NPA), directive comes against the Chinese-owned refinery company, over concerns of alleged substandard quality of the product.

The suspension, according to the Ministry was to allow for extensive dialogue and also to get the buy-in of industry players and labour unions following the grave concerns raised about its impact on consumers and businesses.

Ghanaian rice farmer struggling with storage