… Cassiel Ato Forson, disclosed this in an interview with Bloomberg in London. According to him, this was due to the rising prices of crude oil on the international market over the past months, due to developments in the Middle East. …
… Dr Asiama disclosed this in an interview with Bloomberg in London. The Governor also assured that “they [BoG] do not see things getting out of hand, based on the work that we have done by building the necessary reserves to help withstand the shocks”.He was also of the view that t …
… Speaking in an interview with Bloomberg, Dr Forson said recent developments in the mining sector had raised important policy concerns about the purpose of lease renewals and whether they are being used to facilitate continued mining operations or to create opportunities for lucra …
… He cited a Bloomberg report on that on May 15, that indicated that the GSE Composite index had delivered a return of 63.4 per cent, making it one of the world’s top-performing equity markets in 2026, which was second only to South Korea. …
… The finance minister disclosed in an interview with Bloomberg in London. According to him, the government has implemented measures to stabilise the economy, and so far, the country has managed those shocks well. …
The Central Bank of Congo (BCC) has adopted Bloomberg’s BMatch solution to enhance transparency and efficiency of interbank foreign exchange trading in the Democratic Republic of Congo. …
… Trade Representative Jamieson Greer said on Friday morning that China was being very pragmatic about involvement with Iran, and it was important to China to have the Strait of Hormuz open, in an interview with Bloomberg.
… Bloomberg has catalogued a string of cases in which bank staff hired to police money laundering instead sold customer information to organised crime networks, some recruited through social engineering that targeted employees in personal financial distress. …
SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.
SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.
Ghana's finance minister has revised the end-year 2026 petroleum revenue target upward to approximately US$1.5 billion from the initially budgeted US$985 million, citing rising international crude oil prices driven by Middle East developments. Details of the revision will be presented in the Mid-Year Budget Review in July 2026.
Bank of Ghana Governor Dr. Johnson Asiama told Bloomberg the country has built the necessary reserves to withstand oil price shocks, expressing confidence that current crises will be short-term and that resilience has improved over the past year.
Finance Minister Dr Cassiel Ato Forson has signalled a tougher stance on mining lease renewals, warning that the government may no longer view favourably situations where companies secure lease extensions only to sell the assets shortly afterwards. He cited a recent Newmont transaction where a renewed lease was sold within a month for approximately one billion dollars, questioning whether such arrangements align with the original intent behind granting lease extensions.
President John Dramani Mahama opened trading at the London Stock Exchange on Wednesday, urging global investors to support Ghana's growth and invest in the Ghana Stock Exchange. He highlighted the country's improving economic indicators over the past 18 months, including reduced inflation, a stabilised Cedi, and strengthened international reserves, while noting the GSE has experienced a renaissance in the past 12 months.
Finance Minister Dr. Cassiel Ato Forson told Bloomberg he expects inflation will not rise above 5% by the end of the year, though he acknowledges it will rise further from the current 3.4% due to Middle East developments and rising crude prices. The minister also projected Ghana's 2026 growth rate could be higher than the budgeted 4.8% due to developments in the oil and gas sector.
The Central Bank of Congo has adopted Bloomberg's BMatch solution to improve transparency and efficiency of interbank foreign exchange trading in the Democratic Republic of Congo. The initiative has engaged ten additional local banks to use Bloomberg's FXGO platform, expanding the country's digital trading infrastructure.
Oil futures climbed on Friday as concerns persisted over ship attacks and seizures in the Strait of Hormuz, with Brent crude rising to $106.32 a barrel and U.S. West Texas Intermediate to $101.71, despite Iran reporting about 30 vessels had passed through since Wednesday evening.
Ghana intends to raise $1 billion through domestic cedi-denominated bonds to fund cocoa purchases from farmers ahead of the 2026/27 crop season, as part of efforts to reduce reliance on dollar funding and foreign lenders. The bond, expected before the cocoa season begins around August, is part of a broader overhaul of how the country finances and delivers cocoa to global buyers amid market volatility and funding pressures from falling prices.
Ghana's banks recorded 16,733 fraud cases in 2024, a five per cent increase on 2023, with total value at risk climbing 13 per cent to roughly GH¢99 million, even as the sector has become better capitalised and supervised since the 2018 licence revocations.