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The government recorded 5.63% oversubscription of treasury bill sales but at surging interest rates. According to the auction result by the Bank of Ghana, the government got ¢3.22 billion. The government accepted ¢3.20 billion of the…

Ghana is ranked among 16 out of 51 African countries whose operational risk worsened between the end of 2022 and mid-2023, the Economist Intelligence Unit latest Operational Risk Outlook has revealed. According to the UK-based firm, the…

Governments of Africa have been urged to work towards the removal of existing trade barriers to unlock the full potential of the African Continental Free Trade Area (AfCFTA). The Board Chairman of CUTS International, Accra, Justice Jones…

Although partnerships remain crucial and play a major role in financing the implementation of the Sustainable Development Goals (SDGs), heavy dependence on foreign financing or foreign partners affects the stability of projects in the…

The Secretary General of the Ghana Trades Union Congress, Dr. Anthony Yaw Baah has called on the government to address the low minimum wage in the country to boost productivity. According to him, the lack of proper reward systems and low…

The Institute of Climate and Environmental Governance (ICEG) has called for the creation of an Energy Transition Authority. The Executive Director of ICEG, Hamza Suhuyini, said in an era where the world was grappling with the urgent need…

The Government of Ghana and the Independent Power Producers have agreed on a $43 million monthly payment to address the former’s indebtedness threatening the energy sector in the country. The payment plan is however expected to cover…

Government has denied that it is solely using funds raised from treasury bills to finance coupon payments of new bonds. According to the government, it has been using other sources of funding to pay the new bonds. Minister of State at…

The Nigerian Army has destroyed eight ovens used for refining stolen crude oil in Warri South Local Government Area of Delta, director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu has said. The troops have also destroyed 14…

Oil prices are on track for a weekly loss due to the prospect of new oil flows entering the market, but bullish fundamentals are helping to stop any significant drop. Friday, August 25, 2023 The…