Solomon Boakye

2901 Articles

Ghana’s Startup Ecosystem Hits $121M—But Female Entrepreneurs Struggle to Secure Funding

Ghana's startup ecosystem saw a 95% funding increase in 2024, but female entrepreneurs received only 1%, highlighting significant gender disparities…

4 Min Read

Ghanaian Startups Embrace Venture Debt as Equity Financing Becomes Scarce

Venture debt financing in Ghana rose by 431% in 2024, signaling a shift as startups turn to alternative funding amid…

3 Min Read

Govt’s Intervention in Gold Sector Will Safeguard Fair Pricing – Sammy Gyamfi Asserts

Sammy Gyamfi has explained that it's okay for the government to use public funds for gold trading. Private investors often…

2 Min Read

GoldBod Won’t Be Both Player and Referee in Ghana’s Gold Trade – Sammy Gyamfi

Sammy Gyamfi has clarified that the Ghana Gold Board would exclusively handle gold trading, assaying, and export, addressing concerns of…

3 Min Read

T-Bill Rate Reduction is Triggering Capital Shift to US Dollar, Says Kwamina Asomaning

Kwamina Asomaning warns T-bill rate cuts may increase demand for US dollars, causing pressure on the cedi. Analysts criticize the…

3 Min Read

IPPA Cautions Against Premature Celebration of Decline in Treasury Bill Rates

IPPA warns against premature celebration of Ghana’s T-bill rate decline, citing potential risks to the cedi, capital outflows, and concerns…

6 Min Read

Auditor-General Launches Nationwide Payroll Audit to Eliminate Ghost Names, Ensure Accountability

The Auditor-General is conducting a nationwide payroll audit to verify staff, eliminate ghost names, and improve accountability across Ghana’s ministries,…

5 Min Read

GRIDCo Restores Power Supply After System Disturbance

GRIDCo restored power across Ghana after a disturbance caused by a fault on the Tafo-Nkawkaw transmission line. The outage affected…

2 Min Read

Gov’t Eyes New Infrastructure Push with Backing from China

Ghana plans new infrastructure projects, including a second gas plant, with Chinese support, while seeking help to complete debt restructuring…

2 Min Read

Ghana Stock Exchange Rallies as Market Activity Surges Post-Holiday

The Ghana Stock Exchange saw a strong rebound after a two-day break, with key indices rising and investor activity increasing…

3 Min Read

Weak Credit Information Systems Hinder SME Financing, Urgent Registry Reforms Needed

IMANI Africa highlights weak credit information systems as a major barrier to SME financing in Ghana, urging urgent credit registry…

3 Min Read

Access Bank, Guinness Ghana, and SIC Steady Amid GSE-CI Drop

GSE-CI dropped by 176 points, while the GSE-FSI gained slightly. Active trading saw NewGold, Access Bank, Guinness, and SIC posting…

3 Min Read

Ghana’s Tax System Strong on Paper, Weak in Practice-IMANI

IMANI’s report finds Ghana’s tax system strong on paper but weak in practice, with inefficiencies driving informality. Digitalization efforts offer…

2 Min Read

Conflicting Policies: Can Inflation Be Controlled Amid Fiscal Expansion?

Ghana's conflicting fiscal and monetary policies create uncertainty. While the BoG raises interest rates to control inflation, the government's reduced…

4 Min Read

GRA Tells Charging Entities to Stop Collecting E-levy as it Ends on April 2nd

The GRA officially ends the 1% E-Levy on April 2, 2025, requiring businesses to cease charges, process refunds, and maintain…

3 Min Read