Business & Economy
28 articles•Updated every 15 min•100% summarised
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GACL terminates Fixed Base Operation agreement with McDan Aviation over persistent debt
Summary
Why did Ghana Airport Company lock up Terminal 1, and what does it mean for McDan Aviation's future operations?
GACL has terminated its agreement with McDan Aviation due to unpaid fees since 2022. Despite multiple notices and a payment plan, McDan's debt remained, leading to the termination in January 2026. GACL is pursuing the remaining debt from the McDan Group.
Business & Economy
3 min read
Oil price jumps despite deal to release record amount of reserves
Summary
Attacks on ships and a major threat to global oil supply have investors on edge - what will happen next?
Oil prices surged past $100 a barrel despite the IEA's plan to release a record 400 million barrels of oil. Iran's leader threatened to block the Strait of Hormuz, a key shipping route. Concerns are rising about the impact on the global economy.
Business & Economy
5 min read
Standard Chartered Bank Ghana named Best in Cash Management at Innovation & Excellence Awards
Summary
Standard Chartered Bank Ghana was recognized for excellence, but what does this mean for businesses operating in Ghana?
Standard Chartered Bank Ghana won the Excellence in Cash Management Award at the Connected Banking Summit. The award recognizes the bank's cash management solutions for corporate clients in Ghana and international markets. The solutions help businesses manage liquidity and streamline payments.
Business & Economy
3 min read
