Williams Agyapong 9932 posts 0 comments

Yields on the Treasury market have continued an upward trajectory as government faces increasing challenges in raising its auction targets. The latest auction saw yields on the 91-day bill increase by 9 basis points (bps) to 25.01…

Parts of the country have been hit by shortage of supply of Liquified Petroleum Gas (LPG). Reports indicate long queues at some LPG stations in the Greater Accra region on Thursday September 26, 2024. The LPG Marketers Association of…

The economy loses an estimated US$2.3billion annually – a figure just US$700million short of the funds secured through the country’s three-year International Monetary Fund (IMF) bailout programme – to illegal mining and gold smuggling.…

Arda Turk Ghana Limited has filed a lawsuit at the Accra High Court, and a Motion on Notice seeking among other reliefs an interlocutory injunction to restrain the Ghana Revenue Authority (GRA) from auctioning its assets illegally. The…

The United Arab Emirates (UAE) continues to be Ghana's leading export destination, with transactions reaching GH₵15.0 billion in the second quarter of 2024, according to data from the Ghana Statistical Service (GSS). This highlights the…

After a brief reversal on Monday, the oil price rally was back on track on Tuesday as tensions in the Middle East reached fever point. Brent crude for November delivery was up 1.4% to trade at $74.93 per barrel at 13.10 pm ET while WTI…

Brent Crude prices are set to recover to $80 per barrel in the fourth quarter, Claudio Descalzi, chief executive at Italian energy major Eni, said on Wednesday. “Oil (is seen) at around $80 per barrel, while for natural gas in Italy we…

Something remarkable happened to the price of gold back in early 2022 around the time of the Ukraine war: having previously tracked gold ETF inflows to the tick, the price of gold suddenly disconnected and exploded higher even as "paper…

Market sentiments are expected to improve in the coming weeks, which bodes well for the Ghana cedi's near-term prospects. This improvement is driven by an anticipated $250 million facility from the World Bank under the Ghana…

Crude oil prices fell today, after the Energy Information Administration reported an inventory decline of 4.5 million barrels for the week to September 20. The change compares with a draw of 1.6 million barrels for the previous week, which…