Solomon Boakye

2900 Articles

World Cocoa Prices Surge Past $4,500, With Potential Relief in Sight for COCOBOD

Global cocoa prices surge above $4,500, offering COCOBOD possible relief after earlier pricing pressure, though sustainability of the rally remains…

3 Min Read

Ghana Calls on African Union to Address Xenophobic Attacks in South Africa

Ghana has petitioned the African Union to address xenophobic attacks in South Africa, calling for urgent action, stronger monitoring, and…

2 Min Read

Oil Falls Again as Investors Assess Pathway to Middle East De-Escalation 

Oil extended losses as markets weighed prospects of a U.S.-Iran peace deal and potential Strait of Hormuz reopening, easing supply…

3 Min Read

Gold Advances as Oil Selloff Eases Global Price Pressure Concerns 

Gold rose above $4,700 as easing oil prices from US-Iran peace hopes reduced inflation concerns, though officials warned inflation remains…

2 Min Read

Africa Not Short of Ideas But Needs Systems to Scale Innovation, BoG Says

Africa has ideas, talent and opportunity but needs stronger systems and investment to scale financial innovation into inclusive, impactful and…

2 Min Read

Ghana Reference Rate Slips to 10.03% in May, Raising Prospects of More Softer Loan Pricing

Ghana’s reference rate eased to 10.03% in May, continuing a steady decline that signals gradual easing in borrowing conditions and…

3 Min Read

Oil Pulls Back After U.S. Signals Pause in Naval Support Operations 

Brent crude falls toward $108 as markets react to eased escalation signals and paused U.S. operations, though Iranian shipping blockade…

2 Min Read

Gold Extends Gains as Geopolitical Easing and Oil Decline Support Prices 

Gold rose to $4,678.61, up 2.69%, extending gains as easing geopolitical tensions and lower oil prices supported sentiment, though monthly…

1 Min Read

NAFCO Awaits Additional Gov’t Funds to Buy Surplus Rice and Grains from Farmers 

NAFCO awaits additional government funding to purchase surplus rice and grains, as farmers struggle with unsold stock and limited market…

2 Min Read

Gold Steadies Near $4,500 as War-Driven Inflation Fears Challenge Safe-Haven Demand

Gold steadied near $4,500 as Middle East tensions supported safe-haven demand, but rising oil prices, bond yields and inflation fears…

3 Min Read

Oil Surges as US-Iran Strait Clashes Reignite Global Oil Fears

Brent surged above $113 as renewed US-Iran clashes in the Strait of Hormuz heightened supply fears, rattled shipping confidence, and…

3 Min Read

PURC Assures Public of Grid Stabilisation After Akosombo Fire Outage

PURC assures grid stabilisation after Akosombo fire outage, as restoration progresses and technical teams monitor recovery efforts across Ghana’s power…

2 Min Read

Akosombo Power Units Restored After Fire Disrupted National Grid – PURC

Akosombo power units restored after GRIDCo fire, as PURC says Ghana’s grid stabilisation continues alongside ongoing system repairs, upgrades, and…

3 Min Read

ZEN Surges 12.66% to Top GSE Gainers For the Week Ended April 30 

ZEN led GSE weekly gainers, surging 12.66% as select mid-cap stocks advanced, while broader market performance remained mixed with notable…

1 Min Read

ICT Sector Dominates GSE Trading as MTN Ghana Drives Weekly Market Activity 

ICT dominated GSE trading as MTN Ghana led activity, with lower overall volumes, mixed stock performance, and concentrated liquidity driving…

3 Min Read