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Dr. Maxwell Opoku-Afari, the First Deputy Governor of the Bank of Ghana, says a significant percentage of participants involved in the pilot of the eCedi are positive about the system based on their experience of using it. Ghana began…

Despite oil’s most recent slump to a 15-month low last week, analysts and investment banks continue to expect higher prices at the end of this year as demand is set to pick up with the driving season, and supply is bound to tighten with the…

Africa will need more than $700-billion in finance over the next decade to develop renewable power and mines to extract the metals required for the green energy transition, according to Standard Bank Group. The continent’s financial …

Crude oil prices were once again on the decline today in Asian morning trade, extending a slip that began yesterday after the American Petroleum Institute surprised markets by estimating an inventory build in both crude and gasoline. The…

Crude oil prices fell further today after the Energy Information Administration reported an inventory build of 3 million barrels for the week to May 5. This compared with an inventory draw of 1.3 million barrels…

Mild spring weather with low gas demand combined with pipeline maintenance to drag spot natural gas prices at the Waha hub in West Texas into negative territory this week. Next-day prices for Wednesday at the Waha hub in the Permian…

Lead for Financial Crimes and Anti Money Laundering at e-Crime Bureau, Eric Kwaku Mensah, says conversations and efforts towards building a robust financial sector must take cognizance of effective cybercrime management. He added that…

While it is evident that banks and financial technology firms (fintechs) are better off collaborating as opposed to operating in silos, long, hard and honest conversations must be had around areas such as regulation, risk and synergies, as…

The Bank of Ghana (BoG) is appealing to commercial banks to cut lending rates since the county’s macro economy such as inflation continues to improve in performance. According to the Second Deputy Governor of the Bank, Elsie Addo Awadzi,…

The Electoral Commission of Ghana (EC) will not supervise the presidential and parliamentary primaries of the National Democratic Congress (NDC) until all legal issues have been resolved.  This is due to an injunction filed by a…