Cocoa prices in New York and London have declined by more than 30 percent since the beginning of the year, reaching their lowest levels in two years following a sustained two-week sell-off. Ongoing concerns regarding demand are exerting downward pressure on cocoa prices, as consumers react to elevated chocolate costs. Over a two-day period, prices […] The post SIKAKROM
GCB Bank (GCB) PLC has restated its commitment to the protection of customer funds and the security of its banking systems following reports of an alleged ATM-related fraud matter currently before the courts. The Bank operates a zero-tolerance policy on financial crime and has in place robust security infrastructure, real-time transaction monitoring and strict internal […] The post GCB
… BoG’s next move as emergency phase fades By Joshua Worlasi AMLANU After two years of using gold as a stabilisation tool during Ghana’s economic adjustment, the Bank of Ghana is preparing to step back from direct gold trading and redesign the programme that helped rebuild reserves, calm the foreign-exchange market and restore confidence. From […] The post Stripping quasi-fiscal
By Wisdom JONNY-NUEKPE Government has deepened a strategic fisheries partnership with China to close the country’s estimated US$800million fish supply deficit. The Ministry of Fisheries and Aquaculture Development (MoFAD) – led by sector minister Emelia Arthur who recently steered a high-level engagement between Ghana and China – said the partnership will strengthen bilateral cooperation in […] The post Fisheries
The Right to Information (RTI) Commission has upheld the decision of the Minerals Income Investment Fund (“MIIF” or “the Fund”) to defer the disclosure of its 2024 financial statements, granting the Fund a statutory period of 90 days to complete the process. It will be recalled that a former Board Member of the Fund, had […] The post RTI Commission
…urges clients to maintain balanced portfolios as macro risks ease Maintaining diversified investment portfolios remains critical as Ghana’s macroeconomic risks ease, even as global markets stay volatile. This was a key theme at the 2026 edition of Global Market Outlook Event hosted by Standard Chartered in Accra. After a period marked by debt restructuring, sharp […] The post Standard
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