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The Bank of Ghana (BoG) has released information regarding inward remittance services by Payment Service Providers (PSP). In a release signed by the Secretary of BoG, Sandra Thompson, PSPs were reminded that Dedicated Electronic Money…

The Finance Ministry has cautioned against unnecessary attacks on the Bank of Ghana (BoG). Deputy Minister of Finance John Kumah says the propaganda and unnecessary attacks at the central bank only result in increased market volatility,…

An Associate Professor of Finance at the University of Ghana Business School (UGBS) has decried the lack of transparency in the dealings of the Bank of Ghana (BoG). Prof Lord Mensah said he has personally been calling for the head of the…

Onion sellers in Ghana have threatened to increase the prices of the commodity due to the coup in Niger which is affecting the supply to Ghana. Truckloads of onions were locked up at Ghana’s border to the North due to the military…

Ghana has been listed among the 10 countries in the world with the highest food inflation. A food security report by the World Bank has indicated that the country’s nominal food inflation (year-on-year) of 54% placed the nation in the…

Ghana’s inflation has shot up marginally to 43.1% in July 2023 from the 42.2% recorded in June 2023. The 1.4% makes it the third consecutive month of rising inflation for May, June and July 2023. Food prices rose significantly to…

Almost twenty years to the day after Ambassador Joseph Wilson wrote his op-ed “What I Didn’t Find in Africa” about his visit to Niger to confirm if the country was supplying Saddam Hussein with uranium yellowcake, the U.S. found itself…

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an estimated inventory build of 5.9 million barrels for the week to August 4. Fuel inventories, however, moved lower. The crude build …

Oil prices have recently experienced a notable surge, marking a shift from their extended stay in bearish territory. A combination of OPEC+ committing to output reductions, a substantial withdrawal from crude oil inventories, and…

As the second half of 2023 unfolds, the domestic fixed-income market faces the prospect of increasing state borrowing on the money market even as the government gears up to address higher refinancing obligations and fulfil various fiscal…