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The latest confidence surveys by the Bank of Ghana conducted in December 2024 showed an improvement in both consumer and business confidence. According to the Central Bank, consumer confidence improved largely on account of optimism…

GCB Bank has announced the appointment of Farihan Alhassan as its new managing director, following the departure of Mr. Kofi Adomako. The transition comes after a “mutual and amicable agreement” between Mr. Adomako and the bank,…

Mobile money has revolutionised Ghana's business landscape, becoming an essential tool for entrepreneurs and small businesses.  With platforms such as MTN Mobile Money, Telecel Cash, AT Money and Zeepay, business owners can manage…

The market capitalisation for cryptocurrency soared by a staggering 96.2 per cent, making 2024 a game-changing year for the fast-developing industry. This was primarily driven by strong gains in the first and fourth quarters of the year…

Ghana ended 2024 with an impressive trade surplus of $4.98 billion, nearly doubling the $2.69 billion surplus recorded in December 2023. Despite challenges in some sectors, this remarkable achievement…

The Institute of Economic Affairs (IEA) wants a budget that would specify a comprehensive plan for addressing the huge legacy debt in the energy sector, while returning the sector to financial sustainability. In its bi-monthly Economic…

The Monetary Policy Committee of the Bank of Ghana (BoG) has kept its key lending rate to commercial banks unchanged. It left the rate at 27 per cent after a meeting to review developments in the economy over the past two months.…

Crude oil prices started the week slightly lower after President Trump called on OPEC to boost production and reduce prices as a way of bringing the Ukraine war to an end. “One way to stop it quickly is for OPEC to stop making so much…

President Donald Trump has been busy reversing the Biden administration’s so-called climate policies from the moment he was sworn in. He declared a national energy emergency, revoked the Biden ban on new LNG export capacity, and…

Refiners in Asia expect Saudi Arabia to hike its official selling prices (OSPs) to Asia for March to the highest against benchmarks since January 2024, a Reuters survey found on Monday, as Middle East’s key benchmarks are rallying on…