Williams Agyapong 10284 posts 0 comments

As oil sector deal-making starts to show signs of recovery, Brookfield Renewable Partners will acquire Australia’s Origin Energy utility for over $10 billion, while the Permian basin has scored another victory with a $1.45-billion asset…

The Paris Club, China, India, Saudi Arabia, and Turkey have agreed to form the Official Creditor Committee (OCC) and provide financing assurances for Ghana to the International Monetary Fund as soon as possible, in order to clear the path…

The merger of Gold Fields’ Tarkwa Mine and AngloGold Ashanti’s (AGA) Iduapriem Mine will not lead to job losses, the Managing Director (MD) of AGA, Eric Asubonteng, has assured. Instead, he said the move would create the biggest gold…

Importers of agro-input suppliers have called for government through the Ministry of Finance to urgently heed to their request to grant special tax exemption on the importation of their products, so they can enjoy some respite in the…

The Chinese government has given a strong indication that it is willing to help Ghana secure the balance of payments bailout from the International Monetary Fund (IMF).  According to the Chinese government, it has an obligation to ensure…

The Bank of Ghana(BoG) has increased its policy rate by 150 basis points to 29.5%. The rate which is of keen interest to businesses signals the rate at which the Central Bank will lend to commercial banks. This also means the cost of…

The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares. The failure of SVB earlier this month triggered fears about the stability of other lenders, sparking…

Africa should deploy innovative resource mobilization and accelerate economic recovery from multiple crises which have eroded two decades of development gains and increased poverty, Ministers of Finance have urged. In a Ministerial…

The Bank of Ghana(BoG) Summary of Economic and Financial Data has put the depreciation of the cedi to the dollar at 22.1% as of March 2023. BoG has put the depreciation of the cedi to the dollar at 22.1% as of March 2023 which fared…

Ghana recorded a trade surplus of $752.8 million in the first two months of 2023, about 1.0% of Gross Domestic Product, data from the Bank of Ghana has disclosed. This is far more than the surplus of $205.8 million recorded during the…