Williams Agyapong 10419 posts 0 comments

Ghana’s trade surplus soared to an impressive $3.8 billion by the end of October 2024, as revealed in the Bank of Ghana’s November 2024 Summary of Economic and Financial Data. This milestone highlights the nation’s resilience…

The government missed its treasury bills target again by a massive GH¢2.262 billion as liquidity remains tight on the money market ahead of the December 7, 2024, general elections. This represented an undersubscription of 37.09%.…

The Bank’s latest confidence surveys conducted in October 2024 reflected a sustained recovery in sentiments. While consumer confidence was broadly unchanged, business confidence improved as firms met their short-term targets and…

It's been a relatively calm week for oil prices despite plenty of developments on both the geopolitical and fundamental front, but prices might just begin to climb next week. Thanksgiving…

More than half of the companies (52%) listed on the Ghana Stock Exchange (GSE) report on sustainability, a new report by auditing firm KPMG has indicated. Out of these, 75 per cent report through their parent or group companies, while a…

A new piggery and meat processing factory has been launched in Barekese, in the Ashanti Region, in response to Ghana’s growing demand for pork. The Piggery for Jobs project addresses a critical gap in the agricultural sector, driven by…

Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week. The general category bonds made up 82% of the volume traded. The shorter end of the local currency yield…

An International Arbitration Court in London is expected to rule on Tullow Oil’s $400 million tax charged by the Ghana Revenue Authority (GRA) by the end of this year. Tullow Oil disclosed this in its Trading Update, released on November…

Crude oil markets faced significant volatility this week, shaped by shifting geopolitical landscapes, evolving supply-demand balances, and key policy speculation within OPEC+. The combination of these factors resulted in fluctuating…

The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 27%, citing inflationary pressures and economic conditions. Following its final meeting for the year on November 29, the Bank of Ghana explained…