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Libya’s exports remain blocked, and while there were some reports that some oil was getting out, it was largely for domestic use and some ships have been allowed to load from storage. The majority remains hijacked by a new push to…

Light Crude Oil futures came under significant selling pressure this week, breaching key support levels and intensifying bearish sentiment. After breaking through the $71.02-$73.44 zone, prices dipped below $69.50, marking a critical…

Crude futures have fallen to their lowest level this year, as concerns about weak global demand, including top oil importer China, coincided with a possible production boost by OPEC+ in October. November Brent fell $4.91/bbl w/w to…

Despite a slight uptick in bullish bets last week, portfolio managers have slashed their long positions in oil futures over the past two months, fearing slowing demand and rising supply.   In the week to August 27, hedge funds and…

Inflation will continue to ease over the short-term ending 2024 at 20.8%, Fitch Solutions has disclosed in its Ghana Inflation 2024 Consumer Outlook. At the same time, food prices will continue to decline. Here is more in this report.…

Unemployment in Ghana in 2024 would remain at an average 4.0% of the labour force, Fitch Solutions has stated. It is expected to be at the same level in 2025 and 2026 respectively. It pointed out that the unemployment rate in the…

The Trade and Industry Minister, K.T. Hammond, has clarified that the government will not impose a cap on cement prices, despite recent discussions surrounding a new Legislative Instrument (LI) that has taken effect. Instead, he noted…

The Social Security and National Insurance Trust (SSNIT) is projecting a strong financial position for 2024, following significant improvements in its investment performance and operational efficiency. SSNIT’s Director-General, Kofi…

The Ghana Road Contractors says it has not received any offer letter from the government about a possible restructuring of the debt. This comes after the Finance Minister, Dr Mohammed Amin Adam, announced that the government, through its…

Ghana invited holders of roughly $13 billion of its international bonds to swap their holdings for new instruments on Thursday, more than two months after reaching a preliminary restructuring agreement with two bondholder groups.…