Solomon Boakye

2743 Articles

BoG Directs Rural Banks to Transition into Community Banks by End-2026

The reform will affect 147 institutions serving over eight million customers, with day-to-day banking services expected to continue uninterrupted during…

4 Min Read

BoG Governor Calls on Banks to Harness Fintech and Lower Interest Rates to Serve Customers Better

BoG Governor Johnson Asiama says stronger economic conditions, lower inflation and a healthier banking sector should drive fintech innovation, financial…

5 Min Read

The Cocoa Farmer and How Livelihoods Are at the Mercy of Global Market Swings

Cocoa farmers’ incomes depend on global market swings as prices are set internationally, leaving livelihoods exposed despite domestic efforts to…

4 Min Read

Falling Global Cocoa Prices Could Have Triggered Another Producer Price Cut- COCOBOD

COCOBOD says falling global cocoa prices could have justified another producer price cut, but government maintained rates to protect farmers'…

4 Min Read

Oil Holds Below $83 as Markets Await Details of US-Iran Peace Agreement

Brent held below $83 after a near 5% drop as investors awaited details of a US-Iran peace deal that could…

3 Min Read

Gold Rises Above $4,300 as US–Iran Peace Deal Eases Inflation Concerns

Gold rose above $4,300 as US–Iran peace deal eased inflation fears from falling oil prices, boosting bullion ahead of key…

2 Min Read

Finance and ICT Dominate Trading as GSE Shows Sector Concentration 

GSE trading surged 146% to GHS 163m, driven by Finance and ICT dominance, but indices fell as activity remained highly…

3 Min Read

Oil Tumbles on Prospects of Restored Middle East Supply Routes 

Brent crude fell 5% to $82.76 after US-Iran peace deal eased Middle East supply risks, raising expectations of Strait of…

2 Min Read

Consultant Urges Centralised Digital Infrastructure and Agricultural Focus for Proposed Rural Bank

Charles Kwesi Mensa proposes a digitally integrated rural banking system with centralised platforms, agricultural focus, and public fund routing to…

4 Min Read

A Necessary Clean-Up With Possible Collateral Damage to Genuine Awards Schemes

Awards in Ghana face credibility concerns as some recipients use honours for fundraising, prompting a Presidential directive that may unintentionally…

5 Min Read

Gold Loses Its Shine as Markets Focus on Interest Rates and Geopolitical Risks

Gold fell below $4,300 as stronger US jobs data increased expectations of higher interest rates, strengthening the dollar and reducing…

2 Min Read

Oil Is Back Near $100 — And the World Is Paying Attention

Brent crude rose above $97 per barrel as Iran-Israel tensions heightened supply concerns. Despite higher OPEC+ output, geopolitical risks and…

2 Min Read

Consultant Appeals for Consolidation of Rural Banks into a Single National Institution

Consultant proposes consolidating Ghana’s rural banks under ARB Apex Bank into one national institution to strengthen capital, efficiency, digital infrastructure,…

3 Min Read

Importers Warn Against Additional Port Charges Under CTN Regime

EFFAG warns CTN reintroduction could cost importers up to €382.8m annually, increase port charges, raise consumer prices, and undermine Ghana’s…

3 Min Read

ADB to Seek Shareholder Approval for GHS 873.31 Million Capital Injection Plan

ADB seeks shareholder approval for GHS 873.31 million government private placement to raise capital to GHS 3.02 billion, meeting Bank…

2 Min Read