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The implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% starts today, Wednesday, January 11. The service providers are Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile…

A 3% gain in December, owing to a weaker dollar, took the value of gold to $1 814/oz, resulting in a year-on-year gain of 0.4% – something the World Gold Council (WGC) says looked unlikely to many just two months ago. The WGC says 2022…

Unhedged gold mining company West African Resources (WAF) has reported high-grade gold mineralisation in ongoing diamond drilling at its MV3 East prospect, located 6 km from the company’s Sanbrado gold operations, in Burkina Faso. Some of…

Talk of a global diesel shortage subsided in the past few weeks as oil prices once again took center stage, but the tight supply situation in middle distillates appears to have remained unchanged, and traders are betting it will continue to…

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,…

Solid growth in global oil demand is set to drive oil prices to above $100 this year and Brent Crude could trade at $105 per barrel by the fourth quarter, according to Goldman Sachs.   World oil demand is set to increase by 2.7 million…

Ghanaian business magnate, Daniel McKorley, popularly known as McDan, says more Ghanaian businesses will collapse this year. According to the entrepreneur, this is due to the precarious exchange rate between the cedi and the major…

The Ghana Union of Traders Association (GUTA) has made a passionate appeal to President Akufo-Addo to appoint someone of the caliber of Alan Kyerematen to be the next Minister of Trade and Industry. According to the union, Mr. Kyerematen…

The government exceeded its treasury bills target by 15.4% to ¢1.72 billion in the latest treasury auction, but at the expense of keeping interest rates stable. This is also coming despite the rising demand for the short-term…

Crude oil prices surged on Monday January 9, after China, one of the world’s largest economies opened its borders. With China being one of the largest importers of crude oil, the re-opening of their borders led to an increase in demand…