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The country’s private sector activity expanded for the first time in a year as Ghana’s Purchasing Managers Index increased to 50.2 in February 2023, from 47.2 in January 2023, data from the Bank of Ghana has revealed. With indications of…

President Akufo-Addo has attributed the declining prices of petroleum products in recent times to the introduction of the Gold for oil programme(G4O) by his government to ameliorate the surging prices of petroleum products in the country.…

The cedi will remain stable going forward as foreign exchange (FX) demand dwindles. This follows clarity on the external debt exchange as government seeks debt reprofiling for most of the country’s external debt. The local currency…

The Ghana Institution of Engineering (GhIE) has held discussions on the quality of iron rods being used in the country. This exercise was in collaboration with Fabrimetal Ghana Limited, a leading local steel manufacturing Company.…

Executive Director of Dalex Finance, Joe Jackson, has lauded government’s decision to reject bids made for the 91,182 and 364 day bills with yields over 35% in a recent T-Bills auction on March 3, 2023. This, he notes is a crucial step…

The Automobile Assemblers Association of Ghana will host its maiden Automotive Summit on the 20th of March 2023, at the Accra International Conference Centre (AICC) Grand Arena. The theme for the summit; ‘Creating A New Economic Backbone…

Impact Investing Ghana (IIGh) has begun the operational set-up of its innovative Ci-Gaba Fund of Funds that seeks to unlock US$75million in local and international funding. The fund seeks to support local capital firms with focus on…

The United States wants to see the world producing more crude oil, including OPEC members. This is what a State Department official said on the sidelines of CERAWeek, noting that the global economy is recovering and more supply is necessary…

Top officials from OPEC and executives at some of the biggest U.S. shale producers discussed the tight global oil supply at a dinner in Houston on Monday evening as the oil industry gathers for the annual CERAWeek energy conference.…

Despite months of rumors regarding a rebound in global oil demand, oil prices are decidedly range-bound at the moment as they await a major development to break through resistance. Chart of the Week - The US downstream…