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Goldman Sachs has cut its oil price forecast by $10 to $100 per barrel, citing lockdowns in China that would dampen demand for the commodity. The investment bank’s analysts also noted the increased exports of Russian oil before the…

Russia’s Gazprom said on Tuesday it could begin reducing natural gas supply to Europe via Ukraine as of next Monday after noticing that part of the volumes through Ukraine are not reaching Moldova. Russia still sends some gas via…

Telecommunications companies (Telcos) in the country have begun blocking SIM cards of mobile subscribers yet to register their SIM cards. The exercise is in compliance with a recent directive from the Ministry of Communications and…

Officials of the Public Interest and Accountability Committee (PIAC) have reaffirmed information in their 2021 report to the effect that $100 million of petroleum lifting revenue was not paid into the Petroleum Holding Fund. Mr. Nasir…

Fifty-two point eight six percent of businesses, according to a 2023 Pre Budget Survey by accounting and auditing firm, KPMG have indicated that their organisations have been impacted by “galamsey’ activities. They claim utility…

African countries will require an average of US$40bn power grid investments annually for about five years to deliver stable electricity to citizens on the continent, Group Managing Director, Sahara Power Group, Kola Adesina, has said.…

The Institute of Economic Affairs (IEA) has advised government of the need to rebalance its budgetary allocations from compensation to capital expenditure in a bid to drive economic growth. Government spending is currently strongly…

Interest rates neared 36% on the money market, though fell short of the October 2022 inflation of 40.4%. This indicates that the returns on investments remain negative. According to the results of the treasury bills auction, the…

The government is faced with refinancing a ¢2.83 billion 5-year bond, maturing on November 28, 2022 with 26% of foreign holdings. With the unfavourable pricing conditions, analysts expect the government to present a rollover offer.…

Bank of Africa-Ghana (BOA-Ghana) has been named ‘2022 Trade Finance Bank of the Year’ by two separate credible awarding schemes: the Innovation and Excellence Awards, and the Ghana Credit Excellence Awards 2022. The awards are…