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Bond market: Total turnover increased sharply by 600% to GH¢527.72m

The Ghanaian secondary bond market rebounded largely last week on the back of sell-buy-back trades.As a result, the total volume traded across the market...

Finance Minister’s figures don’t tally If you check very well – Williams Peprah

Associate Professor of Finance at Andrews University, Williams Kwasi Peprah, says the $2 billion savings the Finance Minister claimed the country would achieve through...

Ghana begins Over-The-Counter Market trading on the GSE

The Ghana Stock Exchange (GSE) has launched the Over-The-Counter Market trading targeted at rural banks and small and medium enterprises.The move is a significant...

Bond market: Turnover tumbled by 88.05%to GH¢18.51m

The total volume exchanged on the secondary bond market for Government of Ghana papers lost steam last week.The market turnover declined sharply by 88.05%...

My fans to earn money forever – Sarkodie on new music deal

Ghanaian rapper, Sarkodie says his new Opulous app deal where fans can own shares in his music will make them rich forever.According to him,...

Sarkodie gives fans opportunity to own shares in his music [Video]

Rapper, Sarkodie took to Twitter today to announce an exciting collaboration with Opulous App, offering his loyal fan base, affectionately known as "SarkNation," the...

World Bank’s food price index eases in early April 2024

The World Bank’s food price index eased in early April 2024 after falling by about 4.0% in the first quarter of 2024, to a...

Apple faces declining sales in China as Huawei soars

Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the world’s largest smartphone market.The Shenzhen-based conglomerate,...

Ghana nears agreement on debt restructuring with bilateral creditors

Finance Minister Dr Mohammed Amin Adam has revealed that the bilateral creditors through the Official Creditor Committee have shared the draft document on Ghana’s...

Billionaire faces death in $44bn bank fraud case

It is the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.Behind the stately...

Why gold prices are at record highs

From central banks to Costco customers, it seems everyone is buying gold these days.The price of spot gold reached $2,364 per ounce Tuesday, after hitting record highs for...

Cocoa output for 2023/24 season drops by 40%, driving record-high prices

According to two sources from Ghana’s cocoa sector regulator, COCOBOD, the anticipated cocoa output for the 2023/24 season is likely to fall significantly short...

Bawumia’s attempt to save Aluworks fails as situation further degenerates 

The attempt by the Vice President, Dr Mahamudu Bawumia to save Aluworks PLC from collapse has failed as the company’s shutdown has entered the...

CIMG Customer Satisfaction Index: UMB and 4 other banks lead the way in Customer Service in Ghana

Only five banks scored above the threshold of 98% in the 2022 Chartered Institute of Marketing Ghana Customer Satisfaction Index.This marks a significant improvement...

5-year performance of GCB equity on the Ghana Stock Exchange

Investing in shares or stock or equity should be done with a long term view, this is because historically, the stock market outperforms all...

Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring

Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable.This...

Ghana’s public debt hits ¢391bn as of quarter 1, 2022

Ghana’s public debt stock remarkably shot up by ¢40.1 billion to ¢391.9 billion as of the end of March, 2022, the Summary of Economic...

Adidas and Gucci face backlash over $1,600 umbrella that doesn’t protect from rain

A parasol set to be sold in China by top western brands Gucci and Adidas for 11,100 yuan (£1,329) is causing an outcry for...

$50bn wiped off Netflix’s value as subscribers quit

Shares in Netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the...

Elon Musk offers to buy Twitter for $41 billion

Elon Musk has offered to buy Twitter for about $41 billion in cash, saying the social media company he has often criticized needs to go...

Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine

Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...

Elon Musk mocks Jeff Bezos as he extends lead as world’s richest man with $222 billion

Elon Musk has come through on his promise to send Jeff Bezos a silver medal now that the Tesla CEO has surpassed the Amazon founder to become...

Dormant accounts with NIB to be transferred to BoG

The National Investment Bank (NIB) has issued a notice of its intention to transfer a list of dormant customer accounts to the Bank of...

China declares all crypto-currency transactions illegal

China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin."Virtual currency-related business activities are illegal...

Oil producing nations agree deal to control prices

Oil producing nations have agreed to increase their output, with the aim of reducing prices and easing pressure on the world economy.The Opec cartel...

TikTok boss quits at age 38 after amassing $44bn fortune from controversial app

One of the billionaire brainboxes behind TikTok is stepping down as Chief Executive Officer (CEO) of ByteDance, the Chinese company that owns the hit...

Bitcoin falls further as China cracks down on crypto currencies

The price of Bitcoin has fallen below $40,000 (£28,210) for the first time in three months, after China imposed fresh curbs on crypto-currencies.Beijing on...

Ayisha Modi warns Samini over Stonebwoy

Stonebwoy's aide Ayisha Modi has sent out a word of caution to dancehall musician Samini, asking him to resist any attempt to attack her...

Cedi loses value to dollar 11 days into 2021

The Central Bank has affirmed its commitment to stabilizing the local currency for in the first quarter of this year.The Bank’s affirmation follows the...

China has a new richest person, Jack Ma dethroned

A bottled-water and vaccine tycoon has become China’s wealthiest person in a day also marked by massive losses among the world’s tech elite.Zhong Shanshan’s...

Jeff Bezos is world’s first-ever $200 billion man

Jeff Bezos is giving a whole new meaning to the title of world’s richest man.The Amazon Chief Executive Officer's (CEO) net worth soared to a record $200 billion...

Gold price rises above $2,000 for first time

Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic.Investors have moved cash into the...

Apple will pay up to $500 million for slowing down older iPhones

Apple will pay up to half a billion dollars to settle a class action lawsuit accusing it of slowing down older iPhone models to compel users...

Jeff Bezos adds $13.2 Billion to his fortune in just minutes

Jeff Bezos just got a whole lot richer.Shares of his Amazon.com Inc. surged 12% to $2,100 in extended trading at 4:16 p.m. in New York, after the largest U.S....

Breaking news: Nduom sues government

A subsidiary of Groupe Nduom, Ghana Growth Fund Company Limited, has sued the government of Ghana over debts owed it.The company, in a suit...

African consumer products industry rides out uncertainty

According to Deloitte’s inaugural African Powers of Consumer Products...

Ghana pays 24.75% yield on five-year domestic bond

Ghana sold 746.4 million cedis ($193 million) of...