Williams Agyapong 10269 posts 0 comments

The next meeting of the Bank of Ghana’s Monetary Policy Committee, scheduled for the last week of March, is likely to be the last one before Ghana secures the approval of the Executive Board of the IMF to commence a three-year programme…

As announced by Vice President Dr Mahamudud Bawumia, the Kejetia Market has been opened for trading activities today Tuesday, March 21. The resumption of market activities has come as a relief to traders who were bent on not complying…

The government will raise about ¢3.21 billion in Treasury bills this Friday, March 24, 2023. This will be done via the 91-day, 182-day and 364-day bills. The amount raised will partly be used to refinance ¢1.88 billion worth of…

The Ghana cedi may record mixed performance against the US dollar this week. This will be similar to what transpired last week as the local currency depreciated by a marginal 0.20% to the American greenback. According to some, the…

Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly in areas including cloud computing and advertising.…

Sri Lanka has secured a $2.9bn (£2.3bn) bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year in the making and a lifeline for the country…

Dual-listed Atlantic Lithium has embarked on a five-month, 20 000-m auger drilling programme at the flagship Ewoyaa lithium project to test multiple targets within the project area. The drilling forms part of a broader exploration and…

Russia was the single largest crude oil supplier to China in January and February, overtaking Saudi Arabia which was the number-one supplier of oil to China last year, according to Chinese customs data cited by Reuters. As China…

The selloff in oil continues on Monday, with Brent falling to the $72 a barrel mark and U.S. crude down to the $65 per barrel handle, as traders are cutting long positions amid the banking sector turmoil of the past week. The market rout…

The European Commission on Monday proposed extending the emergency measure which targets a 15% reduction in the bloc’s natural gas consumption by another 12 months to the end of the 2023/2024 winter heating season. The existing…