Ghana

BMI View: Anglo-Irish Independent Tullow Oil has said that reserves at its Jubilee field in Ghana could be as much as 1.8bn barrels (bbl) of oil and that it is on track to begin... 2008-07-23

BMI View: Following the lower-than-expected 100bps interest rate hike from the Bank of Ghana, we expect a further 150bps in September. In the meantime, we anticipate inflation will... 2008-07-22

The government of Ghana plans to build a new bauxite mine and alumina refinery, according to Deputy Energy Minister Kwame Twumasi Ampofo. The minister said that 'we are about to have... 2008-06-25

BMI View: Our core scenario is for a trade deficit of US$5bn in 2009. However, over the medium term this could be mitigated by the onset of oil exports after 2010. Encouragingly,... 2008-06-25

BMI View: Following an aggressive 175bps hike in Ghana's prime rate on May 19, we expect a further 100bps of interest rate hikes from the Bank of Ghana in 2008, with risks to... 2008-05-30

President John Kufour announced in late-May a number of measures which will be introduced to alleviate the burden of rising fuel and food costs on the Ghanaian populace. Excise duties... 2008-05-30

BMI View: Inflation continues to tick up in Ghana on the back of food and fuel price increases: headline inflation in March came in at 13.8% y-o-y, up from 13.2% the previous month.... 2008-05-02

A landmark payment and settlement system known as the 'National Switch and Smartcard Payments System' or 'E-Zwich' was launched in April by Ghana's President John Kufour. The system... 2008-05-02

BMI View: Ghana's drive to generate enhanced revenues from cocoa and gold ties in with our expectation for exports to remain a key propellant of growth in the west African nation... 2008-05-01

The looming water crisis in Ghana has made water supply a key political issue ahead of the December 2008 presidential election. In recent weeks, several of Accra's neighbourhoods... 2008-04-03