The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has expressed serious concerns about the state of Ghana’s energy sector, describing
Category: Business
Ghana’s economy expands by 7.2% in Q3 of 2024
Ghana’s economy experienced a growth of 7.2% in the third quarter of 2024, according to provisional figures released by the Ghana Statistical Service. This positive
The Monetary Policy Committee keeps the policy rate at 27%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to keep the policy rate unchanged at 27%. This decision comes after
AGA MD crowned Mining Personality of the Year at the 10th Mining Industry Awards
Samuel Boakye Pobee, the Managing Director of AngloGold Ashanti, Obuasi Mine, was honoured as the 2023 Mining Personality of the Year at the 10th Mining
Jubilee Oil Field production slows to 89,000bpd due to challenges with some wells
In the November 2024 Trading Update released by Tullow Oil on November 28, 2024, it was reported that production from the Jubilee Oil Field had
Springfield achieves a milestone with the successful appraisal of the Afina discovery
Springfield Exploration and Production (SEP) Limited, along with its partners Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, has completed the appraisal well test activity
Follow-On Finance Initiative launched to empower Ghanaian entrepreneurs
A new initiative, the Follow-On Finance Initiative, has been launched to offer affordable financing and tailored business support to Ghanaian entrepreneurs. This initiative aims to
Ghana Gold Coin goes on sale: A quarter ounce at GH₵11,188.12 on Nov. 26
The Bank of Ghana has recently released the pricing guidelines for the Ghana Gold Coin (GGC), which is now available for purchase. As of this
Cedi’s recovery continues; one dollar going for GH¢16.70
The Ghana cedi has continued its positive momentum, marking a second consecutive week of revival. This improvement in the Cedi’s performance is largely attributed to
The total value of secured loans granted by banks, SDIs hits GH¢5.6bn in Q3, 2024
In the third quarter of 2024, the total value of secured loans granted by banks and Specialized Deposit-Taking Institutions (SDIs) amounted to GH₵5.6 billion, reflecting
