Solomon Boakye
Petrol and Diesel Prices Expected to Remain Stable with No Significant Changes
Petrol and diesel prices in Ghana are projected to remain stable, while LPG prices may rise slightly due to global…
Rising Poverty Amid Economic Recovery in Ghana: World Bank Report Highlights Alarming Trend
Ghana's economic recovery is overshadowed by a rise in poverty to 30.3% in 2023, demanding balanced fiscal reforms and poverty…
Eight Months into 2024: A Comprehensive Look at Ghana’s Growth, Inflation, and Trade Performance
By August 2024, Ghana's inflation halved to 20.4%, exports grew, but concerns remain over cedi depreciation and rising public debt…
Businesses To Contend with Tariff Increases Amidst Dumsor
Ghanaian businesses face dual challenges: power cuts from gas supply disruptions and rising utility tariffs, threatening productivity, operations, and financial…
Electricity and Water Tariffs to Increase from October 1
From October 1, 2024, electricity and water tariffs in Ghana will increase by 3.02% and 1.86%, respectively, due to rising…
Growing Oil Imports Put Pressure on Ghana’s Trade Gains: Striking a Balance for Economic Stability
Ghana's trade surplus is threatened by rising oil imports, which reached $3 billion, despite strong exports of gold and cocoa…
Ghana’s Gross and Net International Reserves Show Steady Growth, With Gross Hitting 3.4 Months Import Cover
Ghana's economy is showing impressive signs of resilience, with its Gross International Reserves (GIR) reaching a remarkable $7.5 billion as…
BoG Introduces New Foreign Exchange Market Reference Rate Methodology
BoG introduces a new methodology for computing Foreign Exchange Reference Rate to improve transparency, accuracy, and market representation.
Academic City University Mechanical Engineering Student Builds Thriving Bread Business, “Brodohene”
David M. Mensah, a mechanical engineering student, built a successful bread business, Brodohene, by selling excess bread on campus, expanding…
RIEPCO: Transforming Ghana’s Engineering Sector Through Local Manufacturing
Ghana's industrial sector relies heavily on imported machinery, with a 70% import rate and a significant skills gap. RIEPCO addresses…
Ghana’s Trade Value Surged to GH₵123.0 Billion in Second Quarter of 2024 But Trade Surplus Declines by 52.2%
Ghana's trade grew by 14.31% in Q2 2024, driven by gold exports. However, rising fuel imports reduced the trade surplus…
Ghana’s Tourism Surge: Unlocking Profitable Opportunities for Investors and Economic Expansion
Ghana's tourism sector is rebounding post-pandemic, driving economic growth, attracting international investors, and generating $3.8 billion in projected 2023 revenues.
Trafigura Moves to Enforce Arbitral Award Against Ghana over Judgement Debt
Trafigura’s subsidiary GPGC pursues legal enforcement against Ghana for unpaid $134M arbitration award after unresolved power contract dispute.
Michael Blackson Questions Ghana’s Use of COVID Funds and Investment Mismanagement
Michael Blackson criticizes Ghana's financial management of COVID-19 funds, questioning euro bond mishandling and demanding accountability while expressing disappointment in…
Promoting Sustainable Urban Growth: Addressing Ghana’s Urbanization Challenges with Green Innovation
Mr. Abani urges Ghana to prioritize sustainability in urban planning, addressing rapid urbanization challenges with energy efficiency, green spaces, and…