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The latest data from the Ghana Statistical Service (GSS) shows that Ghana achieved a trade surplus of GH¢5.4 billion in the second quarter of 2024. This positive shift highlights the country’s improving economic position.…

Crude oil exports from Libya have crumbled to around 400,000 barrels per day (bpd) this month from 1 million bpd in August as the political standoff in OPEC’s North African producer continues, Reuters reported on Tuesday, citing data from…

Oil prices continued to rally on Tuesday morning, with Brent breaking past $75 as another hurricane threatened production in the Gulf of Mexico, China implemented its stimulus measures, and Israel targeted Hezbollah with strikes in Lebanon.…

In a move towards enhancing local governance and economic development, Divine Ayidzoe, Director of Research Statistics and Information Management at the Ministry of Local Government, Decentralisation and Rural Development (MLGDRD), has…

Ghana placed 4th in Sub-Saharan Africa with the largest growth in digital bank account ownership, Fitch Solutions, has revealed. However, it described the increase as still low, compared to peers globally. The country saw a growth of…

The upward trend in treasury bill yields is expected to continue despite inflation easing for the fifth consecutive months. The strong demand amid tighter market liquidity is also making it difficult for yields to come down. The…

Ghana maintained its 10th position for the lowest fuel prices in Africa as of September 2024, according to GlobalPetrolPrices.com. This news arrives despite a consistent decrease in fuel prices at the pumps. As of September 2024,…

The economy’s performance, particularly in second-quarter of this year, is leading to discussions about a potential interest rate cut by the Bank of Ghana (BoG). Recent data from the Ghana Statistical Service (GSS) indicate that the…

Rice importers have expressed concerns over what they describe as unfair duty exemptions granted by the government on emergency rice imports. The Ministry of Food and Agriculture recently received parliamentary approval to import rice…

The Cocoa Marketing Company (CMC), Ghana Shippers’ Authority (GSA), and 17 shipping lines involved in Ghana’s cocoa trade have successfully concluded negotiations, agreeing to an average 5% increase in the basic freight rate for the…