Williams Agyapong 12041 posts 0 comments

A major lesson from the past few years is that technology will continue to drive the growth of almost every sector of the economy. Mobile technology in particular remains a cornerstone, with mobile penetration contributing to the…

Fitch Solutions is forecasting that real household spending in Ghana will grow by 3.9% year-on-year to ¢114.2 billion in 2024. This it says is due to the easing of both inflationary pressures and debt servicing. “Stability in the…

Interest rates remain relatively stable as the government achieved a 37.8% oversubscription of treasury bills sale. According to auction results by the Bank of Ghana, the rate on the 91-day T-bill inched up to 29.35% from 29.04% the…

Banks’ profits will remain under pressure but will fare better than previously expected, Fitch Solutions has revealed. According to the UK-based firm, banks operating in Ghana recorded strong profits despite the headwinds. “All of…

The Ghana Stock Exchange (GSE) has been certified for both the ISO 27001:2013 and ISO 22301:2019 standards of the International Standards Organisation (ISO). These certifications recognise the GSE’s commitment to best practices in…

The World Bank has reached an agreement with the government to halt sole sourcing for all new contracts in the energy sector.  This is part of several reforms that it is helping the government to implement in the energy sector. The…

Surging non-OPEC+ oil production and significant storage space held by the OPEC+ group will continue to put downward pressure on crude oil prices next year, analysts say.   Barring a major geopolitical escalation resulting in a large…

Crude oil prices are at lows not seen in months. There seem to be few factors capable of changing that. Yet commodity analysts seem to be more bullish when it comes to 2024. The key to that bullishness is demand. Even after the IEA…

Crude oil prices were trading slightly down on Friday afternoon, just hours before the weekend and the Christmas holiday, reasonably unaffected by Angola’s decision to quit OPEC. The price of a barrel of WTI was trading at $74.03, $0.07…

Thinking of buying a vehicle soon? Rising car ownership costs might cause you to think again. Owning a truck or car has become far more expensive than in the past, even as recently as three years ago. In the following graphic, Visual…