THEBUSINESS24ONLINE.NET
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FRIDAY DECEMBER 25, 2020
NO. B24 / 144 | NEWS FOR BUSINESS LEADERS
FRIDAY DECEMBER 25, 2020
Keta Basin undergoes key seismic survey next year
FDA to partner key institutions to support marginalised groups
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By Joshua Worlasi Amlanu macjosh1922@gmail.com
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he offshore Keta Basin will next year undergo a major multi-client 3D geophysical survey as part of plans to draw oil from the Voltaian Basin located in the
eastern part of Ghana, This follows an agreement signed last week between the Petroleum Commission of Ghana and TG-Geopartners to undertake the project. The project will comprise the acquisition of 14,000 square kilometres of 3D long-offset broadband multi-client seismic
ECONOMIC INDICATORS EXCHANGE RATE (INT. RATE)
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over open blocks that will be available for application. This project has been touted by industry experts to help unlock and accelerate the development of what will surely be the next wave of major oil discoveries in Ghana.
he Food and Drugs Authority (FDA) has emphasised its resolve to support vulnerable and marginalised groups in the Ghanaian society through partnership with key institutions. The Authority said it is determined to empower and create alternative livelihood and entrepreneurial skills for young people with the creation of industry growth-enabling provisions for Kayayei (head porters), unemployed youths and young entrepreneurs.
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INTERNATIONAL MARKET USD$1 =GHC 5.7027
BRENT CRUDE $/BARREL
POLICY RATE
14.5%
NATURAL GAS $/MILLION BTUS
GHANA REFERENCE RATE
15.12%
GOLD $/TROY OUNCE
OVERALL FISCAL DEFICIT
11.4% OF GDP
PROJECTED GDP GROWTH RATE AVERAGE PETROL & DIESEL PRICE:
0.9% GHC 5.13
CORN $/BUSHEL COCOA $/METRIC TON COFFEE $/POUND:
Follow us online: $41.26 2.622 1,922.57 329.50 $2,339.27 $109.65
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