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Corn is a staple in many countries, especially in the Americas and Africa. Beyond direct consumption, corn is a key ingredient in many products ranging from cereals, and sweeteners like high-fructose corn syrup, and cooking oils, to…

The Bank of Ghana (BoG) says it is committed to keeping a strict monetary policy until inflation is clearly on the decline. In a statement to the International Monetary Fund(IMF), the central bank stated that its monetary policy aims to…

The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango. This follows the completion of a new transaction deal worth more than US$200 million. The move is part of…

Crude oil prices started trade today in Asia with gains following an industry report that saw yet another weekly decline in inventories as well as a smaller-than-expected increase in producer prices that fueled hopes for a rate cut. The…

Crude oil prices snapped a two-day losing streak on Wednesday that extended into today’s session in Asian midmorning trade supported by growing worry about the state of international affairs in the Middle East. After dipping below $80…

Quantum, Sage and Arch Holdings Limited, has refuted assertion that it is a foreign company. Clarifying its ownership structure, Quantum vehemently denied recent media reports mischaracterising it as a foreign entity. The company…

Chief Executive Officer (CEO)-Association of Ghana Industries (AGI) Seth Twum-Akwaboah has expressed concern over the underutilisation of local production capacities – urging stronger enforcement of trade policies to create a level playing…

Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in the Niger River delta, an army spokesperson said on Wednesday. Large-scale oil…

The July 2024 Food Security Monitor report reveals a troubling escalation in food insecurity across Ghana, with the rate of insufficient food consumption (IFC) surging by 5.77%. This increase is largely driven by the ongoing…

Amid tight liquidity on the local market and higher issuance targets, driven by central bank implementation of the new cash reserve ratio (CRR), investor demand at government’s weekly auctions has weakened. Investor demand at the weekly…