Solomon Boakye
Ghana Attracts $1.65B in Investments Driving Job Creation Across Key Sectors
Ghana attracted $1.65 billion in investments by Q3 2024, creating 12,097 jobs across key sectors, with GIPC initiatives driving economic…
Accommodation Costs Surge to 35.4%, Driving Up Service Inflation
Accommodation costs surged by 35.4% year-on-year in November 2024, impacting hospitality, while festive demand offers opportunities for innovation and growth.
Ghana’s PPI Slips to -1.9% MoM Due to Declines in Mining, Industry, and Utilities
Ghana's November 2024 PPI fell -1.9% MoM, driven by declines in Mining, Industry, and Utilities, though year-on-year inflation remains high.
Residents of Burma Hills Left in Darkness Amid Low Currents and Power Outages
Residents of Burma Hills face persistent power issues with low currents and outages, urging utility providers for urgent resolution before…
Federal Reserve Cuts Interest Rates Again, Third Time This Year
The Federal Reserve cut interest rates to 4.25%-4.5% to spur growth, balancing inflation concerns, with slower rate cuts projected for…
Telecoms Chamber Warns of Network Risks as Fibre-Optic Repairs Exceed $17M
Ghana’s telecom sector spent $17.4M fixing 10,233 fibre-optic cuts in 2024, largely caused by roadworks, theft, and vandalism, disrupting communication…
Independent Power Generators Pledge Collaboration with Mahama to Tackle Energy Challenges
The IPGG congratulates President-elect Mahama and pledges collaboration to address Ghana’s energy challenges, focusing on stability, innovation, and reforms to…
Petrol Prices Rise as Diesel Sees Marginal Drop in Latest Adjustments
In December 2024, fuel prices in Ghana saw mixed changes: petrol increased while diesel decreased slightly. Local factors, including cedi…
Mahama Forms Anti-Corruption Team to Kickstart “Operation Recover All Loot”
President-elect John Mahama launches “Operation Recover All Loot” to combat corruption, recover stolen assets, and rebuild investor confidence, focusing on…
Banks Must Prioritize Prudent Capital Management as Loans Increase
Ghanaian banks' lending surged, but declining Capital Adequacy Ratios signal risks. Prudent capital management is crucial to ensure financial stability…
Ghana on Track to Reduce Debt, Dr. Adam Urges Sustainability
Ghana's debt-to-GDP ratio drops to 74.6%; Finance Minister highlights growth, $8B reserves, reduced inflation, urging sustained policies for recovery.
President Akufo Addo Receives Petition Seeking Removal of Chief Justice Gertrude Torkonoo
Petitions seeking removal of Chief Justice from office over allegations of misconduct and incompetence, presented to president
E-zwich Records Significant Transaction Growth, but Enrollment Remains a Challenge
E-zwich’s transaction value doubled to ₵4.1 billion despite stagnant enrollment, card shortages, and mobile money competition, highlighting its role in…
Remittances Key to Ghana’s Economic Growth, Outshining FDI – Taptap Send Director
Darryl Abraham urges Ghana’s government to prioritize remittances over declining FDI, citing their stability, $4.6 billion inflow in 2023, and…
Ghana’s Property Market Key to Building Wealth – Anna Agyekum
Anna Agyekum highlighted Ghana’s real estate market as a generational wealth opportunity at the 2024 Ghana Property and Lifestyle Expo,…