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The CEO of the Ghana Chamber of Mines, Sulemanu Koney, has debunked the notion that Ghana’s mining companies hoard their earnings offshore, revealing that between 70% to 75% of mineral revenue returns to the country annually. Speaking in…

The Monetary Policy Rate (MPR) of the Bank of Ghana is expected do down between 1.0 and 1.5 percentage points at the next Monetary Policy Committee (MPC) meeting next week. According to IC Research, the decline in inflation to 20.4% in…

The CEO of the Ghana Chamber of Mines, Sulemanu Koney, has provided critical insights into the role of the mining sector in stabilising the local currency. Speaking in an interview on Thursday, September 19, he stated that without the…

Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country's presidency said after a meeting between President Bola Tinubu and senior executives of the soft drinks maker on Thursday. Tinubu met…

The CEO of the Ghana Chamber of Mines, Sulemanu Koney, has highlighted the frustrations faced by district and municipal assemblies due to irregular and unpredictable royalty payments from the mining industry. During an interview, he…

In 2023, a total of 53,522 issued dud cheques were submitted by banks and specialized deposit-taking institutions (SDIs) to credit bureaus. This figure represents a percentage increase of 23.0 from the 2022 position of 43,457. The…

The Ministry of Finance has stated that the latest Gross Domestic Product (GDP) figures released by Ghana Statistical Service (GSS) show that the Ghanaian economy is fast recovering amid global challenges and debt restructuring.…

Oil prices started the week with a gain after slumping to the lowest in nearly three years, with analysts of a mostly unanimous opinion that bearish factors are stronger than bullish ones, regardless of their actual weight. Some even…

Wall Street analysts at Citi have predicted that a deficit in the oil markets driven by OPEC’s recent decision to delay tapering in oil production cuts as well as the ongoing suspension of Libyan oil exports will temporarily offer support …

Over the past couple of weeks, oil markets have been marred by a storm of top-down macroeconomic fears that fed momentum-following algorithms, resulting in an extended oil price fall exacerbated by a final stage of gamma hedging by banks.…