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Activity on the secondary bond market slowed down last week as no trades were recorded in the new Government of Ghana (GoG) bonds. Aggregate trade volume declined by 97.52% week-on-week. A total face value of ¢11.38 million changed…

The International Monetary Fund (IMF) bailout for Ghana is set to positively impact the financial market as the cedi is expected to record gains against the dollar and other major foreign currencies in the weeks ahead. Reports earlier…

Public transport operators have agreed to review fares downward by 10%, effective May 17, 2023. This follows a continuous reduction in prices of petroleum products in recent weeks. The decision was announced in a statement released by…

After failing to meet its ambitious target of ¢3.33 billion, the government is expected to borrow ¢2.73 billion on the treasury market this week. This will be used to refinance upcoming maturities worth ¢2.60 billion. The government…

The Chief Executive Officer (CEO) of the Ghana Association of Banks (GAB), John Awuah, has said that banks will soon transition into bigger fintech companies in the country. With banks in the country continuously making investments to…

The International Monetary Fund has pointed out that exchange rate depreciations contributed to Africa’s rise in public debt by about 10 percentage points of Gross Domestic Product (GDP) on average by end-2022. According to the Fund,…

Crude oil started trade this week with a decline, based on Asian trade data from earlier in the day, as traders’ worry about the state of the global economy trumped any expectations of tight supply. At the time of writing Brent was…

Crude oil prices were on the rise on Monday as the market continued to fear a tightening of crude supplies on Canadian wildfires. Crude oil prices were trading up 1.5% on Monday afternoon, with WTI trading at $71.12 per barrel, up $1.08…

Crude oil started trade this week with a decline, based on Asian trade data from earlier in the day, as traders’ worry about the state of the global economy trumped any expectations of tight supply. At the time of writing Brent was…

Russia’s natural gas exports via pipeline to Europe have fallen by 11.4% so far this month compared to the average pipeline flows in April, estimates from Reuters showed on Monday. Russia still sends some gas via pipelines to Europe via…