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The Bank of Ghana's (BoG) recent Monetary Policy Report has revealed that confidence surveys from June 2024 show a noticeable decline in consumer and business sentiments. The central bank reports that exchange rate fluctuations in May…

A month before OPEC+ is set to announce its decision on whether the gradual easing of the ongoing oil production cuts will start as planned in October, the market is rife with speculation about the group’s output policy. The latest hint…

Crude oil prices extended a decline that began earlier this week today as pessimism about demand, especially from China, deepened while expectations arose that Libya could resume its oil exports. West Texas Intermediate had dipped below…

OPEC+ has started discussing a possible delay to their planned easing of the production cuts after oil prices crashed in the past days to the lowest level in 9 months, sources in the alliance told Reuters on Wednesday. Early on Wednesday…

The world’s ‘Big 3’ crude oil exporters – Saudi Arabia, Russia, and the United States – saw their combined shipments slump by nearly 700,000 barrels per day (bpd) in August from July to a multi-year low share of global seaborne crude…

The Executive Director of the African Forum and Network on Debt and Development (AFRODAD), Jason Rosario, has backed calls for African countries to reject climate finance offered in the form of loans, arguing that such financial…

Banks’ shareholders’ funds position comprising paid-up capital and reserves continued to improve on account of a rebound in profits across the industry. Total shareholders’ funds grew sharply by 44.9% to GH¢32.3 billion as of the end of…

The Bank of Ghana (BoG) has disclosed that Non-Performing Loans (NPL), that is credit that have gone bad in the banking sector increased by 49.4 percent to GH¢20.4 billion in June 2024, up from GH¢13.7 billion in the same period last year.…

Profit making State Owned Enterprises (SOEs) in the country paid more than GH₵194 million to government last year as dividend.  This is mainly from firms with government minority shareholding across the country. In the 2023 State…

The former Majority Leader in Parliament and MP for Suame, Osei Kyei-Mensah-Bonsu, has called on Parliament to expedite the passage of Ghana’s lithium agreement. He emphasised the urgency of securing the country’s position in the rapidly…