Solomon Boakye
Fixed Income Market Suffers Sharpest Slowdown as June Trades Plunge 86%
Ghana’s fixed income market saw trades plunge 86% in June, Bank of Ghana data shows, marking the year’s sharpest slowdown…
GNCCI Commends BoG for Policy Rate Cut, Calls Move a Relief for Businesses
GNCCI praised the Bank of Ghana’s record 300-point policy rate cut after earlier petitioning for relief, saying it will ease…
GUTA Welcomes 300bp Rate Cut, Says Move Will Spur Business Growth
GUTA praises the Bank of Ghana’s 300-basis-point rate cut to 25%, saying it could lower borrowing costs and boost business,…
Cocoa Spot Price Suggests GH₵3,900 Bag at 70% – Cedi Strength Means Farmers Should Lower Expectations
Cocoa prices on the world market have surged to an eye‑watering $8,575 per tonne, raising hopes across Ghana’s cocoa‑growing communities…
GSE Inches Up as Market Stays Buoyant Despite Quiet Trading Day
The Ghana Stock Exchange gained modestly Tuesday as indexes rose despite thin trading, with TotalEnergies and GCB leading gains and…
POS Terminals Jump by Over 2,000 in a Year as Ghana Pushes Cashless Payments
Ghana added over 2,000 POS terminals in a year, growing 14% to 16,373 devices, signaling a strong push toward cashless…
Ghana’s International Reserves Edge Past $11.1bn by Mid‑2025, Highest in Years
Ghana’s international reserves rose to $11.12 billion by June 2025, boosting import cover to 4.8 months and marking a sharp turnaround…
E‑Levy Surpassed its Projections by 57% in First Half of 2025, But Revenue Stream Ends Mid‑Year
Ghana’s E‑Levy raised about 57% more than projected in early 2025, but its abolition cuts off a major revenue stream,…
VAT Threshold Reform: Will Ghana’s Tax Balance Shift Too Far?
Finance Minister Ato Forson plans sweeping VAT reforms, raising thresholds to exempt microbusinesses. But questions remain whether shifting burdens onto…
Federation of Miners Approves Plan to Establish African Mining Investment Company to Harness Continent’s Mineral Wealth
The African Federation of Miners will create an investment company to manage mining assets, unite unions, and drive Africa’s mineral…
Chinese Satellite Achieves Record Laser Data Transmission, Surpassing Starlink Speeds
Chinese scientists used a 2‑watt laser from 36,000 km to achieve 1 Gbps satellite data transmission, surpassing Starlink speeds and revolutionizing future…
Government Set to Announce New Cocoa Price — But Cedi Strength Could Keep a Lid on It
Government will announce a new cocoa price before August 7, but cedi strength could cap increases unless COCOBOD sacrifices revenue to…
GSE Composite Index Eases as Week Opens Mixed
Ghana Stock Exchange opened the week mixed as the Composite Index dipped 28 points, while banking gains partly offset declines,…
An Alarm Bell for Ghana’s Mobile Money Economy – OpenAI CEO Sam Altman Warns of Looming AI ‘Fraud Crisis’
Sam Altman’s AI fraud warning signals danger for Ghana’s MoMo economy, where deepfake scams could shatter trust, disrupt transactions, and…
GMWU Hails Heath Goldfields for Clearing ₵80m of Workers’ Legacy Debt
Heath Goldfields pays ₵80m legacy debt at Bogoso-Prestea Mine; GMWU hails move, pledges support, and urges national backing to restore…