Solomon Boakye

2915 Articles

Evatex Threatens to sue Ghana Airport Company over Termination of Contract

Evatex is threatening to sue Ghana Airports Company Limited over the abrupt termination of its revenue audit contract, sparking fresh…

6 Min Read

Cedi Gains Cap Farmer Profits as Cocoa Price Jumps 62.6% in Dollars but Only 4.2% in Cedis

Cedi appreciation limits cocoa farmers' earnings, with dollar prices up 62.6% but local gains only 4.2%, though cost relief measures…

3 Min Read

64kg Bag of Cocoa Now Goes for GHS3,228.75 from GHS3,100, Effective August 7

Government has increased the cocoa producer price to GHS3,228.75 per 64kg bag, up from GHS3,100, effective August 7, 2025

5 Min Read

GSE Ends the Week Strong as Both Composite and Financial Indices Level Up

GSE ended the week strong with both indices up over 43% YTD, market cap rising to GH¢146.13bn, and trading driven…

2 Min Read

Reference Rate Plunges 33% from January 2025, Yet Lending Rates Ease by Just 10%

Ghana’s GRR plunged 33% from January–August 2025, yet lending rates eased only about 10%, leaving private sector credit squeezed despite…

7 Min Read

Okuapehene’s 3000-Acre Donation Empowers Andy Okra’s TCDA to Grow Tree Crops, Create Youth Jobs, and Revive Akuapem’s Economy

Okuapehene Oseadeeyo Kwasi Akuffo Ababio III of Akuapem donates 3,000 acres to TCDA, urging action to boost oil palm, mango, and coconut production, cut…

11 Min Read

Business Confidence Strengthens as Firms Regain Optimism

Business confidence rose to 105.5 by June 2025, Bank of Ghana data shows, as easing inflation, GDP growth, and sector…

2 Min Read

Fuel Prices Hold Steady in First Pricing Window Despite Earlier Projections

Fuel prices remain unchanged as August’s second pricing window opens, despite projections for slight shifts. Adjustments may still come next…

2 Min Read

Consumer Confidence Surges to 10-Month High on Cooling Inflation Signs

Consumer confidence surged to 119.2 in June 2025, Bank of Ghana data shows, as easing inflation and cooling food prices…

2 Min Read

Why the OSP Believes Paul Adom‑Otchere Has Questions to Answer

The OSP believes Paul Adom‑Otchere must answer for his role in GACL’s Evatex contract, citing board overreach, irregular procurement, and…

5 Min Read

South Africa, Algeria, Libya Face Harshest U.S. Tariffs as Trump Order Reshapes Trade Map

The U.S. has imposed new tariffs on African nations, hitting South Africa, Algeria, and Libya hardest at 30%, with Tunisia…

3 Min Read

Ghana Records Sharp 129% Rise in Non-Oil Imports Between March and June

Ghana’s non-oil imports surged 129% from March to June 2025 after an early-year dip, underscoring the economy’s continued reliance on…

2 Min Read

GSE Pushes Higher Midweek as MTN Powers Gains, SIC Slips

The Ghana Stock Exchange rose Wednesday as MTN’s gains lifted the Composite Index, while SIC dipped slightly, keeping market momentum…

2 Min Read

Ghana’s Gold Holdings Climb to Record 33 Tonnes, Up 2.5% from May 2025

Ghana’s gold reserves hit a record 33 tonnes in June 2025, rising 2.5% from May, reflecting the Bank of Ghana’s…

2 Min Read

GNCCI Urges Banks to Cut Lending Rates After BoG’s Historic Policy Rate Slash

GNCCI urged banks to swiftly cut lending rates after the Bank of Ghana’s record 300-point policy rate slash, with CEO…

4 Min Read