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Ghana's cocoa export revenue has plunged nearly $700 million in the first half of 2024, severely impacting the sector. Illegal mining, smuggling, and crop diseases have devastated cocoa production, placing unprecedented strain on an…

The oil market has shown remarkable resilience to geopolitical risks in recent months, with the conflicts in Ukraine and the Middle East having little impact on prices of late.   Geopolitical risk premiums have led to sporadic price…

OPEC and its partners from Central Asia and Russia earlier this month delayed a rollback in production cuts agreed in 2023 to stem the decline in oil prices. This means OPEC+ will produce 2.2 million fewer barrels per day than before the…

The International Energy Agency (IEA) said on Thursday that global oil demand growth has markedly decelerated and is set for just 900,000 barrels per day (bpd) in 2024 due to rapidly slowing Chinese consumption. The Agency cut its growth…

The Securities and Exchange Commission (SEC) has announced a timetable for releasing locked-up funds of investors of failed fund management companies that had their licenses revoked in November 2019. A statement from the SEC dated…

Cocoa farmers' groups are divided over the increase in cocoa farm gate prices. On Wednesday, the government announced that a bag of cocoa would be bought for GH₵3,000. This represents a 45 percent increase from the last price increase…

In a significant move aimed at revitalizing the agricultural sector and address the issue of food security, the Ministry of Food and Agriculture has donated 100,000 agric starter packs to the Youth Employment Agency. The contribution is…

The Ghana Stock Exchange’s (GSE) Fixed Income Market closed the month of August 2024 with a traded volume of 17.92 billion, a significant 236.02% increase over the same period last year. Treasury Bills accounted for 64.28% of volumes…

Minister for Food and Agriculture, Bryan Acheampong, has strongly refuted assertions that the Ghana Cocoa Board (COCOBOD) is not in the position to purchase cocoa beans from farmers. COCOBOD, ahead of the start of the 2024/2025 cocoa…

As African trade continues to lag behind global averages, financial institutions – compliance and trade facilitating functions are turning to cutting-edge digital solutions to navigate the complex landscape of regulatory compliance without…