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The Public Interest and Accountability Committee (PIAC) has disclosed that Ghana’s crude oil production declined for the fourth consecutive year in 2023.  Emerita Professor Elizabeth Ardayfio-Schandorf, the Chairperson of PIAC, revealing…

The Ghana Revenue Authority (GRA) has joined calls for policy reforms to simplify the country’s tax administration. According to the Commissioner General Julie Essiam the current Value Added Tax (VAT) structure makes it difficult for…

Elon Musk’s satellite internet firm Starlink is set to formally commence operations in Ghana by end of this month, August 2024. The permission was granted by National Communications Authority (NCA) after Starlink met all the necessary…

The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors…

Ghana Cocoa Board (COCOBOD) has strongly refuted claims that international banks refused its $1.5 billion loan request for the 2024/2025 cocoa season. The denial follows Minority Leader Cassiel Ato Forson's accusations that the loan…

Crude oil prices extended a losing streak into its fifth day earlier today as expectations of weak demand weighed on benchmarks. Brent crude slipped below $76 per barrel and West Texas Intermediate was below $72 earlier in the day,…

The Liquefied Petroleum Gas (LPG) Marketers Association has assured the public that there will be no LPG shortages, despite their decision to boycott certain Bulk Oil Distributing Companies (BDCs). Vice President Gabriel Kumi emphasized…

The Minority in Parliament has vowed to oppose the Ghana Cocoa Board's (COCOBOD) plan to self-finance cocoa bean purchases through domestic traders. This shocking move by the caucus comes after COCOBOD's CEO, Joseph Boahen Aidoo,…

Oil prices have been on the backfoot in the current week, pulling back from gains in recent weeks thanks to easing geopolitical fears and seemingly never-ending demand concerns. On Monday, U.S. Secretary of State Antony Blinken announced…

The trend of legacy automakers ditching their plans and investments in EVs continues, with Ford reportedly the latest to cancel plans for a large three-row electric sport-utility vehicle, according to a new report from the Wall Street…