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The secondary bond market was lively in the week under review as total volume traded recovered 293.93% week-on-week to ¢459.34 million. This is partly on resolved valuation challenges. According to the trading results, the new bonds…

Inflation has dropped to 41.2% for the month of April 2023 from the previous 45% recorded in March this year. This represents a 3.8 percentage point decrease from the previous month. This was captured in the Consumer Price Index (CPI)…

As part of government’s initiative to enable local companies harness benefits of the African Continental Free Trade Agreement (AfCFTA), the National AfCFTA Coordination Office (NCO) in collaboration with the Ghana Export Promotion Authority…

Other banking crises could happen, especially if Central Banks continue to tighten monetary policy, Lucrezia Reichlin, Professor of Economics at the London Business School, has revealed. According to her, banking crises cannot be…

The Member of Parliament(MP) for Asante-Akim North, Andy Appiah Kubi will today May 10, appear before the Special Prosecutor, Kissi Agyebeng over corruption and corruption related matters. The MP has been summoned by the OSP over…

The Bank of Ghana (BoG) has indicated that it may hike again the monetary policy rate to help bring inflation down faster. The Central Bank argued that “the current inflation rate remains significantly above the medium-term target,…

Interest rates in Ghana have dropped by a significant 15.1%, the highest decline in Africa since January 2023. Yields on the money market were as high as 35% at the beginning of the year, but the government was compelled to cut interest…

The Chief Executive Officer of the Ghana National Gas Company (GNGC), Dr Ben K.D. Asante, has said that the country can save up to 50 per cent in electricity generation cost if it used more natural gas to fire thermal plants. The oil and…

On Friday, April 7th, Brent crude closed at over $85 per barrel. That was a few days after OPEC+ had announced it would reduce its production by an additional 1.16 million barrels daily. Fast forward a month, and Brent is almost $10…

Saudi oil giant Aramco on Tuesday reported a first-quarter net income of $31.9 billion, down by 19% from the first quarter of 2022 as macroeconomic concerns dragged down oil prices between January and March 2023. Aramco still beat a…