The Bank of Ghana reported a GH¢15.6 billion loss for 2025, principally from open market operations, revaluation, exchange-rate losses, and gold reserve transactions. According to the source, these losses were a deliberate consequence of stabilisation policies that contributed to macroeconomic recovery, as central banks prioritise economic stability over profit maximisation.
10 hours ago · Joy Online →
The Bank of Ghana reported a GH¢15.6 billion loss for 2025, principally from open market operations, revaluation, exchange-rate losses, and gold reserve transactions. According to the source, these losses were a deliberate consequence of stabilisation policies that contributed to macroeconomic recovery, as central banks prioritise economic stability over profit maximisation.
10 hours ago · Joy Online →
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.
16 hours ago · Joy Online →
Iran says a US proposal to end the war is "still being considered," with the White House reportedly working on a 14-point memorandum of understanding that could include suspension of Iranian nuclear enrichment, lifting of sanctions, and restoring free transit through the Strait of Hormuz. President Trump said the US has had "very good talks with Iran in the last 24 hours" and that a deal is possible.
7 May 2026 · Joy Online →
Iraq has offered term buyers May-loading Basrah crude at steep discounts for loading inside the Strait of Hormuz, which has been largely blocked since the Iran conflict began. The discounts — $33.40 and $26 per barrel for Basrah Medium, and $30 per barrel for Basrah Heavy — reflect mounting pressure on Iraqi crude exports amid persistent shipping risks in the waterway.
6 May 2026 · Joy Online →
South Korean contract drug manufacturer Samsung Biologics estimated a labour strike by about half its workforce that began late April has cost the company 150 billion won ($101.90 million) due to partial disruption of production. The strike follows management's offer of a 6.2% pay hike, with both sides set to resume talks on Monday.
4 May 2026 · Joy Online →
Apple's Eddy Cue said he expects a sequel to the Brad Pitt F1 movie and hopes to expand Apple's Formula One involvement beyond the U.S., where Apple TV became the exclusive broadcaster this season with coverage of all 24 rounds.
4 May 2026 · Joy Online →
Myanmar's military leader Min Aung Hlaing announced that detained former leader Aung San Suu Kyi, 80, has been moved to house arrest after being held in detention since the 2021 coup. Her son Kim Aris expressed scepticism, saying he had no proof she was alive and that a picture released by state media was taken in 2022.
1 May 2026 · Joy Online →
Ghana rejected a proposed bilateral health agreement with the United States after negotiations collapsed over demands for access to sensitive national health data. The deal would have provided approximately $109 million in health support over five years as part of Washington's "America First Global Health Strategy," but Ghanaian officials objected to provisions requiring the sharing of sensitive health data.
30 April 2026 · The Chronicle →
Brent oil prices rose as much as 7% on Thursday following reports that the U.S. is considering potential military action against Iran to break a deadlock in nuclear negotiations, raising concerns about further disruptions to Middle East energy exports. The June Brent contract rose $6.81 to $124.84 a barrel, with both Brent and WTI benchmarks on track for their fourth consecutive month of gains.
30 April 2026 · Joy Online →
President Donald Trump intensified threats against Iran over a maritime standoff in the Middle East affecting global energy markets, warning the Islamic Republic to "get smart soon" and signalling an end to patience regarding a blockaded Strait of Hormuz. The escalation follows collapsed diplomatic tracks and a recent joint military campaign targeting Iranian leadership and infrastructure.
29 April 2026 · Joy Online →