The first fuel pricing window in November has commenced with varying strategies from Oil Marketing Companies (OMCs) in Ghana. Some companies have increased prices, while others have maintained their previous rates, despite the weakening cedi and rising global petroleum prices. The cedi’s poor performance against major currencies and skyrocketing global […]

A new report from the World Bank reveals that global commodity prices are expected to drop to a five-year low in 2025, driven by an unprecedented oil glut. The oversupply is projected to exceed 1.2 million barrels per day, limiting price increases even in the event of a wider Middle […]

Accra, Ghana- Minister of State, Abena Osei-Asare, met with the Senior Vice President of Japan International Cooperation Agency, (JICA), Mr. Naoki Ando, on the sidelines of the International Monetary Fund/World Bank Annual Meetings. This meeting signified the strengthening ties between Ghana and Japan, highlighting their longstanding partnership. The discussions centered […]

In recent news, the proposed sale of Newmont’s Akyem Gold Mine Project to China’s Zijin Mining Group for $1.0 billion has sparked significant controversy. The Institute of Economic Affairs (IEA) has voiced strong reservations about this transaction, highlighting concerns that it undermines Ghana’s national interests. According to the IEA, the […]

The Institute of Economic Affairs (IEA) has expressed strong reservations about the sale of Newmont’s Akyem Gold Mine Project to China’s Zijin Mining Group for $1.0 billion, citing concerns that the deal undermines Ghana’s interests. According to the IEA, Newmont and the Ghanaian government have not reached an agreement on […]