Williams Agyapong 10381 posts 0 comments

Last month, Exxon Mobil (NYSE:XOM) pulled the plug on its 14-year-long algae biofuels project, becoming the last oil company to abandon what was once considered the fuel of the future.  The whole idea was not without merit, though. Algae…

The International Monetary Fund (IMF) has doubled down on its plea to wealthier nations to support Ghana and other weaker economies to help such countries extricate themselves from the shackles of debt. The call also comes at a time when…

Much more needs to be done in creating a resilient and sustainable Non-Bank Financial Institutions (NBFIs) space, banking consultant Dr. Richmond Atuahene has said – advocating good corporate governance practices, effective board oversight,…

A former president of the Ghana Association of Banks, Naa Alhassan Andani, has said the recent decline in government treasury rate was a positive development as it would subsequently lead to a decline in interest rates as well. He said…

The Treasury exceeded its Issuance target for Q1 2023 by approximately GH¢8.25billion, issuing GH¢36.41billion in total; thus frontloading its capital raising  requirement on the money market due to limited investment options available to…

Chinese technology giant Alibaba has announced plans to roll out its own artificial intelligence (AI) ChatGPT-style product called Tongyi Qianwen. Its cloud computing unit says it will integrate the chatbot across Alibaba's…

Activity has returned to the nation’s primary debt market for the first time since conclusion of the Domestic Debt Exchange Programme (DDEP), following the formal listing of a fresh corporate bond issuance by financial services provider…

Interest rates rose marginally again as government recorded a slight oversubscription of its Treasury bills sale. According to the latest auction by the Bank of Ghana, the rising rates is in tandem with the recent policy rate increase by…

The Bank of Ghana (BoG) has once again justified its financing of the Ghana budget post Covid-19, explaining that failure to step in will have been disastrous for the economy. Prior to the Covid-19 pandemic, the Central Bank between 2015…

Ghana hopes to take a big step towards restructuring its $58 billion-worth of debt this week, with its bilateral creditors meeting on Tuesday, April 11, 20223, to discuss whether to provide enough relief to unlock a $3 billion IMF bailout.…