Business

Cedi Dips to GH¢14.60 Despite Strong Year-to-Date Gains

Cedi Dips to GH¢14.60 Despite Strong Year-to-Date Gains

The Ghana cedi opened the week on a downward trajectory, despite recording a solid performance throughout April 2025. On the…
Secondary Bond Market Sees Modest Uptick in Trading Activity

Secondary Bond Market Sees Modest Uptick in Trading Activity

Trading activity in Ghana’s secondary bond market saw a slight week-on-week increase of 0.52%, rising to GH¢1.15 billion from GH¢1.14…
Crude Oil Prices Expected to Average $64 in 2025 Amid Slowing Global Demand

Crude Oil Prices Expected to Average $64 in 2025 Amid Slowing Global Demand

Crude oil prices are projected to average $64 per barrel in 2025, according to the World Bank’s April 2025 Commodity…
Ghana Boosts Gold Reserves to 31.37 Tonnes

Ghana Boosts Gold Reserves to 31.37 Tonnes

Ghana’s official gold reserves have continued their steady ascent, reaching 31.37 tonnes by the end of April 2025, according to…
Government Debt to GNPC Surges to $1.25 Billion

Government Debt to GNPC Surges to $1.25 Billion

The government’s debt to the Ghana National Petroleum Corporation (GNPC) has risen to $1.25 billion as of December 2024, according…
Ghana contributes 20% of global cocoa production but only earns 3% – COCOBOD CEO

Ghana contributes 20% of global cocoa production but only earns 3% – COCOBOD CEO

Dr. Randy Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), is calling for a shift in the revenue…
Ghana Launches $1M Fund to Boost Smallholder Farming in the North

Ghana Launches $1M Fund to Boost Smallholder Farming in the North

Ghana’s Minister for Food and Agriculture, Eric Opoku, has launched a US$1 million revolving fund to support smallholder farmers in…
Ghana’s Producer Price Inflation Drops to 24.4% in March

Ghana’s Producer Price Inflation Drops to 24.4% in March

Ghana’s Producer Price Inflation (PPI) fell to 24.4% in March 2025, down from 27.6% in February, according to provisional data…
China Appoints New Trade Envoy Amid Intensifying U.S. Trade Tensions

China Appoints New Trade Envoy Amid Intensifying U.S. Trade Tensions

China has unexpectedly named a new trade envoy, as officials criticize the United States for what they call “tariff barriers…
Cedi Maintains GH¢16.00 Against Dollar

Cedi Maintains GH¢16.00 Against Dollar

Market sentiment toward the Ghanaian cedi is expected to improve in the coming weeks, following the International Monetary Fund’s (IMF)…