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Nine stocks increased in value on the Ghana Stock Exchange (GSE) in September 2024 compared to five losers, the GSE Summary of September Market Activities has revealed. According to the report, the market witnessed immense trading…

An International Monetary Fund (IMF) team, headed by Mission Chief Stéphane Roudet, has finalized a staff-level agreement on the third review of the Extended Credit Facility with Ghana. A series of meetings took place in Accra from…

Ghana is back in the international capital market after successfully restructuring $13 billion in Eurobond debt, says Finance Minister Dr. Mohammed Amin Adam. At a press conference in Accra, Dr. Adam emphasized that this development…

In a significant move towards economic recovery, Ghana has successfully completed its Eurobond debt exchange, restructuring $13 billion of its external debt. This achievement follows the completion of the Domestic Debt Exchange Programme…

The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential for significant supply…

International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict, Goldman Sachs says. “If you were to see a sustained 1 million barrels per day drop in Iranian…

Geopolitical risk has dominated oil markets this week, with both WTI and Brent up by roughly 8% since the start of the week when Iran fired at least 180 missiles at Iran in retaliation for Israeli strikes in Lebanon. Friday,…

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 this week to 585, compared to 619 rigs this same time…

The National Petroleum Authority (NPA) has revoked the licenses of several Oil Marketing Companies (OMCs) in Ghana over the past two years due to their failure to meet regulatory requirements, according to Abass Ibrahim Tasunti, Director of…

The International Monetary Fund has revealed that Ghana’s Performance under the IMF-supported programme has been generally satisfactory. According to the Fund, all end-June 2024 quantitative targets were met, and progress on key…