Williams Agyapong 10598 posts 0 comments

Government exceeded its treasury bills target by over 13 percent to the tune of ¢2.94 billion, but interest rates continued to surge disturbingly. According to the latest auction by the Bank of Ghana, interest rates reached almost 32%.…

Former President John Mahama has bemoaned the current increment in cocoa prices to GH¢1,308 producer price per bag of cocoa. Mr. Mahama has described it as a rip-off of hardworking cocoa farmers. President Akufo-Addo speaking at an…

Ghanaian small and medium enterprises (SMEs) contributing to preserving and restoring the environment are to benefit from a revolving fund initiated by the European Union, the SNV Netherlands Development Organisation, and the Ghana Chamber…

Commercial banks have expressed concerns about rising Treasury bill rates and its impact on cost of credit and loan recovery. According to them, the development could have serious implications on borrowers struggling to pay back loans.…

Beneficiaries under the Youth in Garment and Textile Module of the Youth Employment Agency (YEA) have assured the government of their determination to put the funds allocated to them to good use and expand their companies. The…

The Ghana Association of Banks says its members will not participate in any form of Domestic Debt Exchange Program (DDEP) as they demand official communication from the government ending the exercise. Chief Executive Officer of the…

The global oil market, a critical element of the world's economic engine, is currently at a pivotal junction. Recent events have caused dramatic shifts, impacting both supply and demand dynamics. The U.S. West Texas Intermediate…

Despite a dip earlier today, crude oil prices were set for another weekly gain following the announcement by Saudi Arabia and Russia they would extend their collective production cuts until the end of the year. Early in the week, Riyadh…

A slew of bullish and bearish factors have battled for dominance in the oil market this year as OPEC+ efforts to tighten the market have run up against concerns about global economic growth.  For most of the first half of this year,…

The market hasn’t seen the full impact of Saudi Arabia’s extra production cut, which could lead to a drastically tighter market if the world’s top crude oil exporter keeps export levels low, according to Vortexa. On Tuesday, Saudi Arabia…