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Crude oil prices were climbing on Thursday morning following the Fed’s announcement of a 0.5% cut in interest rates on Wednesday. The announcement pushed prices up for a short while on Tuesday but the rise quickly fizzled out as it…

The Ministry of Finance (MoF) has refuted claims that the Consolidated Bank Ghana (CBG) has been sold to a foreign investor. This clarification comes after CBG had previously rebutted the same claims. MoF in a…

A total number of 53,522 dud cheques were submitted by banks and SDIs to credit bureaus in 2023. This represented a 23.0% increase from the 2022 position of 43,457. The figures were captured in the 2023 Credit Reporting Activity…

A movement calling on the government to reinvest tax revenue from small-scale mining back into local communities as a solution to combat illegal mining (galamsey) and drive sustainable development in mining regions, is gaining traction.…

The 2022 National Best Cocoa farmers have called for the adoption of pragmatic measures to add more value to cocoa for job creation and enhanced income. Bismark Fuachie, the 2022 National Best Cocoa Farmer, Joyce Dapaah, the 2022 Most…

ZXZ Company Limited, a Chinese-owned firm producing the Moonda brand of mattresses, in Afienya-Accra, has been shut down by the Ghana Standards Authority (GSA) for using uncertified products. The GSA, acting on a tip-off, conducted a…

Former Minister of Power, Dr. Kwabena Donkor, has expressed concern over the ongoing financial difficulties faced by the Electricity Company of Ghana (ECG). According to him, ECG needs a "fundamental rethink", adding that there is a need…

The Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL) has guaranteed more than GH¢1.2billion since its inception in 2019. This came to light during the launch of its fifth anniversary under the theme …

Blue Gold Bogoso Prestea Limited has indicated that it will resist the termination of the FGR Bogoso and Prestea mining leases by the Ministry of Lands and Natural Resources. The new operators of the FGR Bogoso and Prestea mines said the…

Provisional figures from the Ghana Statistical Service (GSS) show that Ghana’s economy grew by 6.9% in the second quarter of 2024. Compared to the first quarter of 2024, the economy experienced a growth rate of 4.7%. The Services…