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Crude oil prices ticked lower today after the Energy Information Administration reported an inventory build of 4 million barrels for the week to September 8. This compared with a draw of 6.3 million barrels for the previous week, which…

Global debt is returning to its rising trend, the International Monetary Fund has warned. In a report, it said although global debt recorded another significant decline in 2022, it is still high, with debt sustainability remaining a…

The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has outlined plans to address climate risk and strengthen the financial system – including issuing a climate-related financial risk directive to provide guidance on addressing…

Ghana’s exchange rate loss of nearly 40% between January 1, 2022 and January 1, 2023 was the highest in Africa, data from the World Bank has revealed. According to the World Bank, exchange rates in the region mostly depreciated, making…

The Bank of Ghana has incorporated a limited Asset Quality Review in its supervisory programme for 2023. This special exercise is being conducted by the Central Bank to assess the health of banks’ loan and investment portfolios to…

Despite new international challenges, poor harvests, and the price shocks of 2022, many countries in Sub-Saharan Africa (SSA) saw improvements in their social inclusion policies and their structural policies—both of which are reflected in…

Inflation for the month of August 2023 has dropped to 40.1 percent from the 43.1 percent recorded in July 2023. Food inflation decreased to 51.9 percent from 55.0 percent recorded in the previous month. Inflation for imported products…

The Ghana Cocoa Board (COCOBOD) has hit back at former President John Dramani Mahama for criticizing the government’s decision to increase the price of a bag of cocoa to GH₵1,300. Mr. Mahama in a Facebook post described the government as…

The National Democratic Congress (NDC) has fingered the Electoral Commission (EC) with regard to the ongoing Limited Voter Registration exercise.  The NDC is alleging that the electoral management body has deliberately deployed faulty…

A co-founder of the fraudulent OneCoin cryptocurrency has been sentenced to serve 20 years in a US prison. Sebastian Karl Greenwood colluded with others, including the so-called “Cryptoqueen” who is now on the FBI’s top 10 Most Wanted…