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The government has prevailed on commercial airlines operating in the country’s air space to reduce their fares to reflect positive trends in the aviation industry, especially with domestic air travel hitting its highest patronage. The…

The Ghana Cocoa Board (COCOBOD) believes it could recover over GH₵7 million in investment locked up in the defunct GN Bank. Appearing before the Public Accounts Committee on Tuesday, Deputy Chief Executive Officer of COCOBOD, Ray Ankrah…

Minority Leader Dr Cassiel Ato Forson is alleging that the Bank of Ghana (BoG) has printed more than ¢50 billion in a year. According to him, this has caused the current galloping inflation and the hardship the country is experiencing…

Economist, Professor Godfred Bokpin, says state regulators have failed Ghana’s financial sector players. According to him, their failure to protect financial institutions especially in the face of the government’s domestic debt exchange…

The Director of Financial Market at the Bank of Ghana, Stephen Opata has disclosed that the central bank has more gold for another oil shipment this February. He said the central bank had so far bought 50,945 ounces of gold which…

The International Monetary Fund (IMF) is anticipating a rebound in the Ghanaian economy in 2024. This is due to expected improve economic activities, particularly in the extractive sector, which will boost growth. The Fund projected a…

Some Oil Marketing Companies(OMCs) have increased prices of petroleum products at the pumps today, Wednesday, February 1, 2023, in line with the prediction made by the Institute of Energy Security (IES). A market leader, GOIL, is now…

The Ghana cedi is expected to remain stable and probable improve its value against the dollar in the coming days and weeks. This is due to significant steps made by the government to achieve the Domestic Debt Exchange programme target.…

Government has revised the terms of Domestic Debt Exchange Programme (DDEP) for individual bondholders who wish to participate in the programme. Per the new terms, individual bondholders who are below the age of 59 years will be offered…

Big Oil had a record year in 2022, earning billions from the imbalance between oil and gas demand and supply, and from the massive uncertainty that geopolitical events and decisions in Europe precipitated. The record profits drove higher…