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The UN envoy in Jerusalem has warned that surging violence in Israel and the occupied Palestinian territories has brought the situation to "the brink". In a BBC interview, Tor Wennesland called for "firm" diplomatic…

Oil is on course for a second straight week of losses, with investors hoping for clearer signs of recovering fuel demand in China to offset an economic slump across the West. Both major benchmarks were little changed inFriday morning’s…

A leading Oil Marketing Company (OMC), GOIL, has attributed the reduction in the price of diesel today, January 3, 2023 to the impact of the Barter of ‘Gold for Oil’ barter programme. GOIL announced a 4% reduction in the price of diesel,…

The Ghana Revenue Authority (GRA) is asking some of the nation’s largest companies to pay millions of dollars in back taxes as the cash-strapped government scrambles to raise money and finalise a bailout from the International Monetary Fund…

The Bank of Ghana has defended the daily publication of foreign exchange rates, which puts the rates lower than what is sold in the retail or forex market. According to the Central Bank, the rates are weighted average of transaction…

Economist, Prof. Lord Mensah has urged government to use the Mid-Year Review of Estimates (Budget Review) in July this year to announce major expenditure cuts. According to him, expenditure cuts in the budget will send a positive signal…

Apple sales dropped at the end of 2022 as shoppers squeezed by the rising cost of living cut back their purchases. Sales at the iPhone giant fell 5% in the three months to December compared with the same period in 2021. It was the…

The Ghana Exim Bank says it retrieved over ¢47 million owed by various commercial banks between 2009 and 2022. According to the development bank, the banks indebtedness stood at over ¢100 million. These were loan advancements to Small…

The Upper East Regional Security Council(REGSEC) has raised concerns that jihadists may have infiltrated the town of Bawku leading to an escalation of the conflict there. The Regional Minister and Chairman of the Security Council,…

The total turnover of the bond market declined by 54.8% to ¢954.15 million at the end of trading last week. According to market statistics, the slowdown in activity was primarily due to the relatively quiet sessions on the market as the…