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The Association of Rural Banks have appealed to  government to reduce corporate tax for Rural and Community Banks (RCBs) as a special incentive to ensure the growth of the rural economy and the country at large. They are proposing a…

Ratings agency, Fitch, would move Ghana out of sovereign default by July 2025. This follows its anticipation of the country completing the external debt restructuring by the end of June 2025. It is optimistic Ghana will also complete…

The government missed its ambitious treasury bills target by 16.81%. According to the auction results by the Bank of Ghana, the government secured GH¢5.180 billion as against a target of GH¢6.228 billion. This auction is coming after…

The Petroleum Commission has hinted of considerations to reduce Ghana's 15% participating interest in oil explorations. With the discovery of oil in a number of African countries, Ghana faces the risk of losing investments in the capital…

The rise in loan under-recoveries, a development that threatens financial stability and credit availability, is being strenuously tackled by the Bank of Ghana (BoG). Indeed, ongoing collaboration with key stakeholders including…

The participation of foreign investors in the equity market improved in 2023 but decreased in the debt market. According to the 2024 Financial Stability Review, foreign investors’ debt holdings decreased to GH₵17.47 billion at the end of…

The German Cooperation, Ghana Investment Promotion Centre (GIPC), and other key stakeholders officially launched the Business Outsourcing Services Association of Ghana (BOSAG) in Accra on November 12. This is a significant move to…

Global oil demand will rise by 920,000 barrels per day (bpd) this year, the International Energy Agency (IEA) said on Thursday, lifting its growth estimate from a month ago, but warned that weak demand growth will lead to a supply overhang…

China emerged as Ghana's top source of investment in the first half of 2024, leading with 26 registered projects, according to a 2024 investment report by the Ghana Investment and Promotion Center  However, Spain outpaced all other…

Crude oil prices looked set for yet another weekly loss, pressured by the perception of softer-than-expected demand in China. The decline comes in spite of the International Energy Agency’s recent upward revision of oil demand growth for…