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The Ghana cedi is expected to post a mixed performance this week as a widening inflation differential may pose depreciatory pressures. This is because investors are seeking investments in dollar-denominated or fixed assets. The Ghana…

The Director of Research at the Institute of Economic Affairs (IEA), John Kwakye, says the Bank of Ghana (BoG) cannot be faulted for being forced into the government’s Domestic Debt Exchange Programme (DDEP), which resulted in the central…

The secondary bond market exhibited a relatively subdued atmosphere compared to the previous week. This was due to the rising inflation which has prompted investors to exercise further caution in biding long positions in Government of…

The Chamber of Petroleum Consumers (COPEC) is predicting that fuel prices may increase up to 11.9% within the second pricing window, which begins on August 16, 2023. Petrol and diesel are expected to rise by 5.7%, while Liquefied…

Interest rates on the short-term Treasury market are beginning to tickle up again after falling to around 19 per cent. Results of a tender held on August 11 for government securities issued yesterday (August 14) indicated that interest…

The Internal Audit Agency (IAA) is appealing to the Ministry of Finance to apply sanctions on heads and boards of public institutions that do not adhere to the Public Financial Management Act. According to its Director-General, Dr.…

The Managing Director of Republic Bank (Ghana) PLC, Benjamin Dzoboku, has advocated an economic renaissance that creates opportunities for more partnerships between Africans and the Caribbean. He made the call when speaking on the topic,…

Crude exports by South Sudan have climbed to their highest level in almost two years despite an ongoing war between Sudan’s government forces and a paramilitary group that erupted in April. Crude shipments now average 154,839 barrels per…

The oil market is in a bullish move and heading well into the $90 per barrel range, Bob McNally, President at Rapidan Energy, told CNBC’s Squawk Box program on Monday. Oil hitting $100 per barrel is “entirely possible,” McNally added.…

Majority Leader Osei Kyei-Mensah-Bonsu has shot down claims by the minority that the Bank of Ghana (BoG) should have consulted Parliament before lending to the government above the 5% budget deficit financing. Mr Kyei-Mensah-Bonsu…