Williams Agyapong 10259 posts 0 comments

The Bank of Ghana (BoG) supported the government to refinance ¢2.83 billion 5-year bond expected to have matured yesterday November 28, 2022. Reports indicate that since August 2022, the government has been repaying maturities on notes…

Traders are still weighing the timing and impact of U.S. President Joe Biden’s decision on Saturday to ease oil sanctions on Venezuela and grant Chevron a license to resume oil production in the country.  Sanctions were implemented in…

Latest figures from the Bank of Ghana indicate that Ghana’s total balance of trade recorded a surplus of 1.87 billion dollars in the first ten months of the year. This, according to the Central Bank’s Summary of Economic and Financial…

The banking sector recorded strong asset growth and improved profitability but there are strong signs of emerging spillover effects from the recent macroeconomic challenges, Governor of the Bank of Ghana, Dr Ernest Addison has said. He…

Agricultural Development Bank PLC (ADB) has appointed Alhassan Yakubu-Tali as its new Managing Director, effective 1st December 2022. His appointment follows a successful approval by shareholders as well as regulatory approval received…

Aim-listed Bushveld Minerals’ 84%-owned subsidiary Bushveld Energy has entered into a conditional agreement to sell its entire 50.5% interest in Vanadium Redox Flow Batteries Holdings (VRFB-H) to special purpose acquisition company Mustang …

Domestic economic activity has moderated somewhat, the Bank of Ghana has revealed. High frequency indicators monitored by the Central Bank signalled some moderation in economic activity in the third quarter, relative to the first two…

Government for the second week running recorded an oversubscription of Treasury bills sale, according to data from the Bank of Ghana. The government secured a total of ¢2.39 billion, a 9.9% more than the targeted amount of ¢2.176…

The Deputy Energy Minister, Dr Mohammed Amin Adam, has reiterated the government's readiness to implement its gold-for-oil barter deal. According to the minister, the country has enough gold in its reserve to exchange for oil to reduce…

The Minister of Transport, Kwaku Ofori Asiamah, has asked players in the freight forward sector to strive to harmonise and standardise shipping line charges, negotiate for minimum service standards, as well as strong regulatory framework…