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The Food Beverage Association of Ghana is bemoaning the rate at which imported raw materials have displaced locally produced ones, taking over the market. According to its General Secretary, Sam Aggrey, more support should be given to…

Some manufacturing firms in Ghana have started downsizing their businesses, whiles others are also laying off some workers due to the high cost of doing business in Ghana. This has been compounded by the rising utility tariffs and high…

Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the pumps from today, February 16, 2023. This is the second time fuel prices have been reduced this year. Market leader GOIL has reduced its…

With Africa holding the world’s largest arable lands, Africans are being urged to restore their passion for agriculture. This is because it is the next sustainable sector to revive their economy particularly at a time when global shocks…

Barclays reported a 14% fall in full-year pretax profit on Wednesday as earnings were poleaxed by surging costs, a collapse in deal fees and multi-million dollar fines relating to an administrative blunder. Earnings fell short…

China imported 1,343 tons of gold in 2022, the highest import level since 2018. Total gold imports for the year were up 64% over 2021. China ranks as the world’s biggest gold consumer. Gold demand in China picked up during the last…

Crude oil prices fell today after the U.S. Energy Information Administration reported an inventory build of 16.3 million barrels for the week to February 10. This compared with a build of 2.4 million barrels for the previous week,…

Whilst the U.S. and its allies appear to be taking a subtle approach to advancing their remaining interests in Iraq, as hinted at by the Qatar’s talks to buy a 30 percent stake in TotalEnergies’ US$27 billion project package, China seems to…

Finance Minister, Ken Ofori-Atta, has informed pensioner bondholders that opting out of the Domestic Debt Exchange Programme means they cannot trade their papers in case of crisis. “This means that in the event of a crisis, your ability…

The Ghana National Petroleum Corporation (GNPC) is in the Central Region to court the support of interest groups in curbing an imminent danger as a result of fishing activities around the Saltpond Oil Fields decommissioning area. Some…