Oil Prices Fall as Hormuz Risks Meet Supply Relief
Oil prices fell more than 1% as traders weighed attacks near the Strait of Hormuz against recovering Middle East exports and possible US sanctions relief for oil shipping.
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Oil prices fell more than 1% as traders weighed attacks near the Strait of Hormuz against recovering Middle East exports and possible US sanctions relief for oil shipping.

BoG Governor Dr Johnson Asiama says the central bank has not handed over its foreign exchange responsibilities to GoldBod and will intervene when necessary to maintain market stability.

Bank of Ghana Governor Dr Johnson Pandit Asiama has urged the IMF to deepen support for Africa’s digital sovereignty, AI governance, cybersecurity and digital finance infrastructure.

Cocoa Capital PLC has launched a GH¢16.30 billion bond and note programme on the Ghana Fixed Income Market to finance cocoa purchases for the 2026/27 season.

COMAC projects fuel prices October 2026 will see petrol and diesel decline from October 16, though LPG costs are set to surge sharply amid cedi depreciation.

Commercial banks will start collecting a 20% GRA digital services tax on subscriptions like Netflix and Spotify from October 15, 2026, increasing costs for Ghanaian users.

Dr Cassiel Ato Forson says Ghana has turned the tide on crisis, but warns cautious growth depends on maintaining macroeconomic stability and fiscal discipline.

Energy Minister John Jinapor says Ghana expects to end liquid fuel procurement for power generation by 2027 as domestic gas and Nigerian imports replace diesel.

Minerals Commission CEO Isaac Tandoh tells Saint Petersburg dialogue Ghana seeks value addition and reciprocal tech transfer in any Ghana RGhana-Russiaussia mining partnership.

GoldBod CEO Sammy Gyamfi says the board is set to surpass 2025 gold purchase and export targets while boosting local refining to 90 percent.

Minister John Abdulai Jinapor says lack of redundancy in Ghana power generation redundancy affects supply reliability, announcing plans to restore VRA plants and invest $500m in transmission.

Dr Johnson Pandit Asiama has unveiled a four-part strategy for digital payments in Sub-Saharan Africa, focusing on cross-border efficiency, financial health and trust.