Fred Avornyo
Global Markets Recoil Amid Wall Street Slump; Africa’s Markets Show Mixed Reaction
Wall Street's main indexes fell sharply on Monday due to fears of a U.S. recession sparked by weak economic data,…
Former Finance Minister Backs Renegotiating IMF Programme Under Potential NDC Government
Former Finance Minister Seth Terkper supports the idea that a new National Democratic Congress (NDC) government could successfully renegotiate Ghana's…
Treasury Bill Rates See Marginal Increase as Government Falls Short of Borrowing Target
The government marginally increased interest rates on treasury bills to meet its borrowing target of GH¢4.36 billion but only secured…
Delay in Cocoa Syndicated Loan May Impact Cedi Performance
Potential delays in securing Ghana's annual cocoa syndicated loan could lead to further depreciation of the cedi, as the Ghana…
Court for Loan Defaulters Opens This Week as Quick Credit Plans to File 55k Cases
The Judicial Service to start Small Claim Debt Recovery courts to reduce burden on judges. This could help reduce loan…
GNPC Energy House: A Catalyst for Operational Efficiency, Says President Akufo-Addo
President Akufo-Addo says the Energy House project is part of his commitment to ensure that every region benefits from the…
Dollar Rises on First Day of New BoG Directive
Demand and supply continue to determine the direction of the dollar on the interbank market
BoG’s Directive on Forex Trading Begins Amid Uncertainty Over Impact on Illegal Operators and Cedi
Market watchers are not sure if the new directive can halt the cedi depreciation when the fundamental challenge of low…
BoG’s Statement Paves Way for Massive Arrests and Prosecution of Black Market Operators
Previous arrests had only temporal impact on cedi depreciation especially when the dollar is in short supply. It is unclear…
Biometric Verification Required for Forex Transactions Starting August 1
Forex bureau operators are worried new directive could lead to a decline in business
Demand for Dollar to Increase as Importers Prepare for Christmas Festivities
Bank of Ghana needs to take proactive measures to prevent rapid depreciation of the cedi in the 3rd and 4th…
Attorney-General to Appeal Court of Appeal Decision in Ambulance Trial
Ato Forson and Richard Jakpa free just for a moment, as A-G set to appeal court ruling
Court of Appeal acquits Ato Forson
The Court of Appeal has acquitted and discharged the Minority Leader, Dr Cassiel Ato Forson, who was standing trial…
Nigerian President Directs National Oil Company to Sell Crude to Dangote in Naira
President Bola Tinubu has instructed the Nigerian National Petroleum Company Limited (NNPC) to sell crude oil to Dangote Refinery and…
Ghana’s Fixed Income Market Records Consistent Declines Since January
Ghana’s fixed income market has experienced a steady decline in both volume and value traded throughout the first half of…