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The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari, has highlighted the critical role of the Ghana International Bank (GHIB) in Ghana and Africa, describing the financial institution as a strategic asset. In a…

Trading activities in the secondary market moderated, with total volume traded declining by 39.24% to GH¢1.3 billion. This was down from GH¢2.1 billion recorded in the previous week. However, the transaction count saw an uptick of 70%…

Microfinance institutions (MFIs) have been urged to strengthen their governance structures, enhance risk management, and adhere to the regulatory framework set by the Bank of Ghana (BoG) to better serve the country’s informal sector.…

Finance Minister Dr. Mohammed Amin Adam has warned that Ghana may face higher foreign exchange demands if the ongoing drought in Northern Ghana forces the country to import food. Speaking at a press conference in Accra, Dr. Adam conveyed…

This chart, via Visual Capitalist's Pallavi Rao, categorizes over $5 trillion in global commodity exports by sector and the value of material exported. Data was averaged between 2019–2021 to represent an annual estimate. Source…

Weaker Chinese oil demand, high inventories, and rising U.S. shale production have prompted Goldman Sachs to reduce its expected range for Brent oil prices by $5 to $70-$85 per barrel. Commercial inventories have been stable in the peak…

Oil prices started the week with a major spike on the back of Khalifa Haftar's Benghazi-based government declaring a nationwide halt of all oil production and exports. - One of the two rival powers in…

Executive Director of the Peasant Farmers Association of Ghana (PFAG), Bismark Tetteh, says the government's decision to ban the export of grains is premature. According to him, the government did not consult with stakeholders before…

Inflation is expected to surge to 21.8% in August 2024, IC Securities has predicted. According to the investment firm, this is due to an unfavourable base effect. However, month-on-month inflation will ease. “Although the…

The recent depreciation of the Ghana cedi against the major foreign currencies is expected to continue due to subdued foreign exchange liquidity. Last week, the local currency depreciated across the major trading currencies as foreign…