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Asante Gold Corporation (ASG) has moved swiftly to protect the interest of its shareholders against what it describes as a group of ‘dissident shareholders”. Consequently, the gold mining firm has formed an executive committee of its…

Barclays cautioned on Tuesday that we could see a $15-$25 barrel downside risk for crude oil prices compared to its current forecast of $98 per barrel, according to Reuters. In a recent note, Barclays linked that downside risk to a…

Energy prices are expected this year to pick up where they left off in 2022—swinging wildly in volatile trading amid a whole host of uncertainties.  Geopolitical uncertainties, China’s exit from three years of Covid restrictions,…

Despite the recent plunge in the European benchmark gas prices to below the North Asian benchmark, Europe continues to attract most of the U.S. exports of LNG as demand in Asia is still weak. Last week, around 68% of the LNG shipments…

WTI oil held steady at $76 per barrel, after the U.S. Energy Information Administration reported an inventory build of 19 million barrels for the first week of the new year. At 439.6 million barrels, inventories of crude have turned…

The Managing Director of the Ghana Gas Company Limited has revealed that as part of their move to indigenise operations, it has replaced Chinese expatriates running its Atuabo Plant with local engineers. Dr Ben Asante said this move…

The Ghana Individual Bondholders Forum (IBF), a group of voluntary bondholders, has urged individual bondholders to reject and refrain from complying with the mandatory deadline imposed under the Domestic Debt Exchange (DDE) programme.…

Government will raise ¢1.13 billion this week to refinance upcoming Treasury bill maturities of ¢1.04 billion. This will be higher than the ¢1.49 billion secured the previous week. The government accepted ¢1.68 billion last week in…

The Social Security and National Insurance Trust (SSNIT) has increased the maximum insurable earning for 2023 to ¢42,000, from ¢35,000. This increase takes effect from January 1, 2023. In a statement, the Trust emphasised that the…

Total market turnover on the bond market increased by 150.30% to ¢1.17 billion during the week under review as more bond transfers were recorded. The bond transfers are said to be in preparation for the Domestic Debt Exchange programme.…