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Rising non-OPEC+ production and only modest growth in global oil demand will leave the market well-supplied next year, analysts say, as they remain cautiously bearish on crude oil prices amid a myriad of uncertainties in 2025. At the end…

The Ghana Chamber of Telecommunications (GCT) and the Electronic Money Issuers (EMIs) Chamber have reported 10,233 fibre-optic cable cuts across the country between January and November 2024. The incidents cost the telecommunications…

The OPEC+ group is wary that coming deregulation in the U.S. energy sector could boost U.S. oil production higher than forecast under incoming President Donald Trump, OPEC+ delegates have told Reuters. More U.S. oil supply could further…

Fitch Ratings expects the outlook for sub-Saharan African sovereigns to be neutral in 2025. This the UK-based firm says will reflect a stronger macroeconomic outlook and modest fiscal consolidation balanced against still-challenging…

The International Monetary Fund (IMF) has called on the Bank of Ghana (BoG) to maintain a tight monetary policy stance to address inflation risks while advancing key reforms to strengthen financial safeguards and central bank efficiency.…

President-elect, John Mahama, has pledged to revamp the cocoa sector and reorganise the state-run regulator, aiming to stimulate growth and improve efficiency in the world's second-largest cocoa producer. In an interview with Reuters on…

Trade activities in the secondary bond market picked up last week, reaching GH¢1.53 billion. This was up from GH¢715 million in the previous week. The February 2035 and February 2037 maturities dominated trading, accounting for 65% of…

The government has been urged to prioritise strategies to attract higher remittance inflows to support the country’s developmental agenda, shifting focus from an over-reliance on foreign direct investments (FDIs). Currently, the…

Ghana spent 42% of its revenue to servicing debt between 2017 and 2022, according to the 2024 United Nations report on Unpacking Africa’s Debt. This marks a significant increase compared to the 2010–2016 period, during which 27% of…

Kosmos Energy has announced it is no longer interested in acquiring all the shares of Tullow Oil. “Kosmos Energy can now confirm that it does not intend to make a firm offer for Tullow at this time”, a statement from Kosmos said.…