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A trader who allegedly collected GH₵1,096,500 from 46 people under the pretext of securing them employment in Ghana Security Service but failed has appeared before an Accra Circuit Court. Joseph Agemba, an alleged National Security…

The Bank of Ghana’s (BoG) decision to revoke the licenses of UT Bank and Capital Bank in 2017 was a drastic measure that sent shockwaves through Ghana’s financial sector. According to Dr. Ernest Addison, Governor of the BoG, this move…

Trading activities in the secondary bond market declined by 50.1% last week due to risk-off sentiments among offshore investors. Total volume traded fell to GH¢762 million, down from GH¢1.5 billion recorded in the previous week. The…

Treasury bills faced a marginal undersubscription last week, with the government accepting bids totalling GHS 5.40 billion against a target of GHS 5.46 billion, reflecting a shortfall of GHS 60 million. This contrasts with the previous…

Asante Gold Corporation has announced the signing of a $500 million Gold Forward Purchase Agreement with Fujairah Holdings LLC. This strategic move, facilitated through its subsidiary Asante Gold Bibiani Ltd., positions the company to…

The Bank of Ghana (BoG) is set to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the first quarter of 2025. This is aimed at bolstering fuel supply stability in the country. The Central Bank, to this end, has outlined…

While liquidity in oil markets is traditionally very low over the Christmas period, China has provided a bullish catalyst for Brent and WTI this year by announcing its monster $410 billion treasury bond sale.…

Ever since Russia invaded Ukraine on 24 February 2022, the U.S. and its key North Atlantic Treaty Organisation (NATO) allies have looked to new sources of gas supply to allow the security group to phase out all such supplies flowing into…

The Electoral Commission (EC) has assured constituents of Ablekuma North and Dome Kwabenya that their Members of Parliament-elect will be declared before the swearing-in of Parliament on January 7, 2025. The delay in finalizing the…

Christmas is tomorrow (Wednesday, December 25) and as usual, market activity in the central district of Accra and other market centres in the city has come under the spotlight, with inflation casting a long shadow over consumer spending.…