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The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has disclosed that the Ghana Financial Stability Fund has taken off. He announced at a press briefing after the Monetary Policy Committee meeting. “What maybe left now is…

In 2024, every 32 pesewas of ¢1 of domestic revenue will be used to service the country’s debt, the Institute of Statistical, Social and Economic Research (ISSER) has revealed. This represents 32% of domestic revenue. However, it will…

Petrol and diesel vehicle owners are likely to pay a new annual tax of GH₵100 per vehicle as an environmental tax. The government is introducing this new tax bill in Parliament to promote the use of eco-friendly energy sources to power…

Crude oil prices whipsawed between an early gain and a loss in a matter of hours in pre-noon trade in Asia today locked between bullish and bearish events. On the bullish side, Venezuelans voted in a referendum about what essentially…

Following a chaotic day of OPEC+ meeting decisions that resulted in additional “voluntary” cut among cartel members, the dust is now settling, and the market is fairly disappointed, with Brent counterintuitively falling right after the…

On Friday, shortly after Powell failed to hammer the hawkish case in his "fireside" chat with stocks eager to take out 2023 highs, we said that Powell has a big problem on his hands not so much because if the market was indeed correct about…

After long delays, last week saw OPEC+ announce oil production cuts way below what many oil traders had been expecting, causing the benchmark Brent oil price to drop over 2 percent immediately on the news, to just over US$80 per barrel…

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has insisted that the economy would have faced dire consequences if the Central Bank had not stepped in to support the government’s expenditure in 2022. This, he stressed,…

The number of registered internet banking customers increased by 16.40% from 970,435 in 2021 to 1,129,387 in 2022. Similarly, the number of registered mobile banking customers increased by 15.38% from 5,845,960 in 2021 to 6,745,337 in…

The General Agriculture Workers Union (GAWU) is warning of a possible significant increase in the prices of foodstuff if the policy on the proposed import restrictions on 21 items is implemented. The government is seeking parliament’s…