OPINION/EDITORIAL

Ghana: Growth, Inflation Outlooks Bode Well for Economic Stability

March 15, 2021/Cordros Report In line with other countries globally, the COVID-19 pandemic dealt a significant blow to the Ghanaian economy, given the containment measures to limit the virus’ spread. Hence, contact-dependent sectors were severely affected, and the supply chain disruptions led to a spike in inflation during the lockdown. […]

Foreign Trade Deficit Worsens to N7.37 trillion as Exports Drag in FY 2020

March 12, 2021/Cowry Asset Report Freshly released foreign trade statistics report showed that merchandise goods worth N32.42 trillion were traded in FY 2020, 10.32% lower than N36.15 trillion recorded in FY 2019. Of the total goods traded, value of exports decreased year-on-year (y-o-y) by 34.75% to N12.52 trillion in FY […]

Brent Back Above $69 As Bullish Sentiment Holds

March 12, 2021/OilPrice.com Despite a strong U.S. dollar, there is an unmistakably bullish sentiment in oil markets as demand comes back online and the vaccine rollout continues. Friday, March 12th, 2021 Oil prices regained lost ground towards the end of the week, as tight supplies are forcing a global drain […]