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OPEC+ is set to meet on Monday, but delegates from the organization said that it would likely stick to its current production cut plan. Oil prices have sagged over the last couple of weeks, dragged down by the collapse of two US banks.…

The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting people. It said the currency was issued to be used as a medium of exchange for the purchase of goods and services. The…

Fitch Solutions has revised to end-2023 policy rate forecast to 30.50%, from 29.00% previously. This follows the increase in the policy rate to 29.5% by the Bank of Ghana. Fitch said “a more hawkish-than-expected Bank of Ghana has led…

There have been 14 separate default events since 2020, across nine different sovereigns, Fitch Ratings has disclosed in a new report. This is a marked increase compared with 19 defaults across 13 different countries between 2000 and…

The domestic debt restructuring will weigh considerably on banks in 2023, Fitch Solutions, has disclosed. According to the market and research firm, the Domestic Debt Exchange Programme (DDEP) will affect the banking sector in two main…

In the wake of aggressive actions by the government to raise more domestic revenue to shore up its finances, an economist wants greater compliance in the collection of Value Added Tax (VAT). According to him, what the country needed at…

Strategic collaboration between academia and industry can spur growth in key sectors of the economy, senior lecturer at the Department of Communication Studies, University of Ghana, Dr. Abena Yeboah-Banin, has opined. She said the two…

Government will invest an estimated US$108million to improve soybean production/best practices, as well as developing the grain’s value chain to curb post-harvest losses over the next five years. The investment is in line with key…

There appears to be an end in sight for the perennial problem of food wastage and its impact on food security, as the African Continental Free Trade Agreement (AfCFTA) secretariat ramps up efforts to improve the storage and export of…

The Electricity Company of Ghana (ECG) is anticipating to release a schedule on power supply to guide consumers as gas supply to some power plants are going to be affected for the next 14 days due to a shutdown of the Atuabo Gas Processing…