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The Bank of Ghana has responded to allegations raised by North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, concerning a recent transfer of $20 million, which he claimed lacked consistent documentation. In a statement released on…

Minister of Food and Agriculture, Dr. Bryan Achaempong, has announced that major cocoa processors, rather than banks, will be the primary sources of funding to address any shortfalls Ghana Cocoa Board (Cocobod) may face ahead of the…

Ghana defender Alexander Djiku has been ruled out of the forthcoming Africa Cup of Nations qualifiers against Angola and Niger due to injury. The 30-year-old who plays for Fenerbahce in the Turkish Super Lig limped off in last night's…

The government is hopeful of completing the disbursement of seeds and fertilisers to farmers affected by the dry spell by the middle of September 2024. The government is also planning to complete the importation of some food stuff by…

Trading activities in the secondary market moderated, with total volume traded declining by 39.24% to GH¢1.3 billion. This was down from GH¢2.1 billion recorded in the previous week. However, the transaction count saw an uptick of 70%…

Dr Mohammed Amin Adam has disclosed that the International Monetary Fund (IMF) Executive Board will consider Ghana’s third review for approval by the end of December this year. He said this would enable the Board to immediately disburse…

OPEC+ will likely begin unwinding its production cuts in October, six OPEC+ sources told Reuters on Friday. If OPEC+ does decide to start the process of ramping up production in October, it will be largely offset by OPEC member Libya’s…

The oil and gas sector has lost much of the momentum it enjoyed earlier in the year largely due to persistent fears of demand weakness. The energy sector’s 7.1% return in the year-to-date has been well below the S&P 500’s 17.2% gain…

Deputy Chairman for Corporate Services of the Electoral Commission (EC), Dr. Bossman Asare, has assured the public that the EC is fully prepared for the upcoming elections. He stated that all necessary measures to ensure a transparent,…

Uncertainty continues to dominate oil markets, although demand concerns appear to be overcoming supply shocks to push oil prices toward a monthly loss. Friday, August 30th, 2024 It's been a volatile week for oil markets,…