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The Ghana Cocoa Board (COCOBOD) has revised the closure of its debt securities exchange programme from August 4 to August 3, 2023. The new closure date had been necessitated by a statutory public holiday on the earlier date of closure…

The World Bank Group’s Country Director, Pierre Laporte, led the launch of the 7th Ghana Economic Update titled ‘Price Surge: Unraveling Inflation’s Toll on Poverty and Food Security’ on July 19th, 2023, in Accra. The report delves into…

Some fund managers owed the Social Security and National Insurance Trust ¢483.365 million as of the beginning of 2021, the 2022 Auditor-General Report has indicated. However, only ¢6.076 million was received by SSNIT in 2021 leaving an…

Brent oil prices broke out of the $75-$80 range they had been stuck in for months and rallied to a three-month high of over $85 per barrel as the market begins to see evidence of tightening and expects fresh stimulus in China to provide a…

OPEC is producing less oil thanks to the Saudi voluntary cuts and a suspension of crude oil loadings at Nigeria’s Forcados terminal due to a leak risk. The figures vary depending on the source, but a Reuters survey has suggested the…

A panel of OPEC+ is unlikely to change the current oil production policy of the alliance at the Friday meeting, several sources in the group told Reuters on Wednesday, as prices rallied to more than a three-month high.  The Joint…

WTI crude futures didn't move higher today after the Energy Information Administration confirmed the substantial inventory draw estimated by the American Petroleum Institute on Tuesday. After the startling revision in U.S. oil demand in…

Banks have demonstrated that they are determined to build the industry back to its pre-Domestic Debt Exchange Programme (DDEP) financial soundness and firmly restore it to the path of growth and profitability. According to the 2023 PwC…

Government will reach an agreement with its commercial creditors to restructure Eurobonds amounting to US$13 billion by the end of the year. Consequently, two bondholder groups have been formed, comprising domestic and regional…

The government remains committed and on course with initiatives geared toward promoting food sufficiency and boosting agricultural development under the GhanaCARES programme, Minister of Finance Ken Ofori-Atta has said. During the 2023…