Solomon Boakye

2900 Articles

The Elephant in the Room That Could Nibble Away Ghana’s Economic Gains

Ghana central bank warns Middle East conflict threatens inflation, oil prices, FX, growth outlook despite strong reserves and stable policy…

5 Min Read

Renewed Pressure Mounts on BoG to Release Locked-Up Funds Following Court Ruling

Ghana’s GN ruling has revived public calls for locked-up funds, as customers demand recovery timelines amid ongoing debate over financial…

3 Min Read

Detecting Fraud is Not Enough; It Must Always Lead to Consequences — BoG Governor

The Bank of Ghana says fraud detection must lead to consequences, warning weak enforcement is undermining trust as digital financial…

2 Min Read

Behind the Numbers: The Human Pain as Financial Fraud Jumps to 25,000 Cases

Ghana’s financial fraud cases rose to 25,000 in 2025, with digital channels driving losses, highlighting human suffering, weak vigilance, and…

4 Min Read

BoG Calls on Banks to Strongly Protect People as Fraud Cases Surge, Wiping Out Savings and Eroding Trust 

The Bank of Ghana urges banks and stakeholders to strengthen protection as rising financial fraud erodes trust and wipes out…

4 Min Read

Ghana Businesses Still Waiting for Cheaper Credit Despite Sharp Rate Declines

Ghana’s falling interest rates have not yet translated into cheaper business loans as banks adjust slowly, remain cautious, and maintain…

4 Min Read

Gold Holds Above $4,500 as Iran Uncertainty and Inflation Fears Keep Markets on Edge

Gold held above $4,500 as Iran tensions supported safe-haven demand, while rising oil-driven inflation fears strengthened expectations for tighter global…

2 Min Read

Oil Climbs Above $105 as Iran Tensions Cloud Peace Prospects

Brent crude rose above $105 as Iran nuclear tensions and Strait of Hormuz concerns offset diplomatic optimism, intensifying fears over…

2 Min Read

Why the Cedi is Slightly Under Pressure: Inside BoG’s FX Demand Story

BoG says cedi pressure is driven by higher oil import costs, dividend payments, energy demand, and seasonal FX needs within…

2 Min Read

GSE Rally Rewards Investors with Up to 71% Returns in Financial Stocks

GSE investors enjoy strong returns as Financial Stocks Index gains 71% year-to-date and Composite Index rises 65%, despite mixed trading…

2 Min Read

We Are Building Buffers to Keep Cedi Stable, Not Fix It – BoG Governor

BoG Governor says cedi will be allowed to float under managed system, with buffers being built to absorb shocks and…

2 Min Read

Oil Prices Steady Near $105 as Us–Iran Tensions and Hormuz Risks Keep Markets on Edge

Brent crude steadies near $105 after earlier losses as US–Iran talks create volatility, while Strait of Hormuz tensions and tight…

3 Min Read

Ghana’s Oil Import Bill Jumps to US$2.01 Billion in April 2026

Ghana’s oil import bill rose sharply to US$2.01 billion in April 2026 from US$1.37 billion in March, reflecting a US$634…

3 Min Read

Ghana’s Trade Surplus Widens to US$5.28 Billion in April 2026

Ghana’s trade surplus widened to US$5.28 billion in April 2026 as strong export growth, led by gold earnings, continued to…

2 Min Read

MPC Standardises Cash Reserve Requirement at 20% for Banks Effective June 4, 2026

Bank of Ghana MPC standardises cash reserve requirement at 20% effective June 4, 2026, maintains 14% policy rate, citing stable…

3 Min Read