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After last week’s deal on the leadership of the Central Bank, Libya is set to resume crude oil production on October 1, Italian news agency Agenzia Nova reported on Monday, citing Libyan parliamentary sources. Crude production at most…

Data from the Bank of Ghana’s latest Summary of Economic and Financial Data reveal a worrying drop in export revenues, with cocoa earnings between January and August 2024 falling to $917 million, the lowest since 2018. This marks a sharp…

WASCAL's Waste-to-Energy (W2E) plant in the Atwima Nwabiagya South Municipality, Ashanti Region, has made significant strides since its launch, utilising advanced technologies like solar PV, biogas, and pyrolysis to convert municipal…

Businesses in Ghana are struggling under the weight of high taxes, according to Mark Badu-Aboagye, CEO of the Ghana Chamber of Commerce and Industry (GNCCI). In an interview, Badu-Aboagye described the current tax regime as…

The total value of mobile money transactions reached GH¢1.775 trillion in the first eight months of 2024, according to data from the Bank of Ghana. This marks a substantial increase from the GH¢1.031 trillion during the same period in…

The Ghana Chamber of Commerce and Industry (GNCCI) has highlighted the urgent need to finance the private sector to stimulate economic growth. He said this was particularly important given the current dominance of government borrowing in…

Dr. Archibald Yao Letsa, the Volta Regional Minister has lauded the novel Aquaculture for Food and Jobs Programme initiated by the Ministry for Fisheries and Aquaculture Development. He said this when he delivered the opening remarks at…

The government missed its ambitious treasury bills target by a whopping GH¢2.670 billion. According to auction results from the Bank of Ghana, the government recorded an undersubscription of 35.90% from the sale of short-term…

Trends in the Bank of Ghana’s high frequency real sector indicators point to a sustained pickup in economic activity. The updated real Composite Index of Economic Activity (CIEA) recorded an annual growth of 1.6% in July 2024, compared…

This week, light crude oil (WTI) prices experienced notable volatility, shaped by a series of major global events that put pressure on both supply and demand. Saudi Arabia’s production plans, China’s economic policies, U.S. crude…