Solomon Boakye

2904 Articles

Utility Bills to Head Down from April 1 as Stronger Cedi Eases Tariffs

Utility bills in Ghana will ease from April as the Public Utilities Regulatory Commission cuts electricity tariffs by 4.81% and…

3 Min Read

Oil Approaches $101 as Iran Conflict and Strait of Hormuz Closure Shake Global Energy Markets

Oil approaches $101 a barrel as Iran conflict and disruptions in the Strait of Hormuz threaten global supply, despite emergency…

3 Min Read

Tullow Oil Signals Potential Doubling of 2026 Cash Flow on Rising Oil Prices

Higher oil prices could double Tullow Oil plc’s 2026 pre-financing cash flow beyond its $150–180 million forecast, after the company…

3 Min Read

Benso Oil Palm Plantation Jumps GH¢7 to Lead Gainers on Ghana Stock Exchange

Benso Oil Palm led Ghana Stock Exchange gains on March 11, boosting market capitalization to GH¢282.9 billion as banking, energy,…

2 Min Read

Tullow Secures $36 Million from Kenyan Oil Sale as Second Instalment Lands, Final Payouts Still Awaited

Tullow Oil receives $36 million second instalment from Kenyan South Lokichar sale, with $4 million and a final $40 million…

2 Min Read

Investor Activity Drives Ghana Stock Market Capitalization to GH¢282.9 Billion

Ghana Stock Exchange surges as investor activity drives market capitalization to GH¢282.9 billion, with strong trading volumes, rising indices, and…

2 Min Read

Cedi Weakens Against Dollar as USD Climbs for Second Week in March

The Ghanaian cedi weakened against the U.S. dollar and pound for the second consecutive week, while the euro remained stable,…

2 Min Read

Gold Falls Below $5,170 as Rising Oil, Strong Dollar Damp Rate‑Cut Hopes

Gold slipped below $5,170 as rising oil prices, a stronger dollar and higher yields dampened rate‑cut bets, overshadowing safe‑haven demand…

3 Min Read

Oil Hits $100 as Tanker Attacks and Strait of Hormuz Disruptions Tighten Supply

Brent crude climbed above $100 as tanker attacks and Middle East tensions disrupted supply, overshadowing the IEA’s record 400-million-barrel reserve…

2 Min Read

Mining Reforms Across Africa Could Unlock Billions in Investment

Mining reforms across Africa are attracting investment, boosting exploration, and promoting local processing, with countries modernising laws to enhance transparency,…

4 Min Read

BoG Directive on Expanded Credit Reporting Means Banks Can No Longer ‘Lazy Out’; Borrower Risk Profiles Must Shape Interest Rates

Bank of Ghana expands credit reporting, meaning banks can no longer “lazy out”; richer bureau data will help lenders assess…

5 Min Read

Responsible Borrowers Reap Rewards as Credit Reporting System Expands in Ghana

Ghana’s expanded Credit Reporting System now gradually tracks repayments across banks, mobile money, utilities, retailers, FinTechs, and student loans, rewarding…

2 Min Read

Financial Stocks Surge 105% Year-to-Date as Investors Reap Massive Gains

Ghana’s financial stocks surge 105% year-to-date, driving market capitalization to GH¢277.97 billion, with strong trading and investor gains as banks…

2 Min Read

IEA Proposes Largest Ever Oil Release from Strategic Reserves, WSJ Reports

IEA proposes record-breaking release of strategic oil reserves to ease soaring crude prices caused by U.S.-Israel-Iran conflict, surpassing 2022 emergency…

2 Min Read

Defaults on These Services Could Cost You Your Bank Loan Application

Ghana’s expanded Credit Reporting System now tracks repayment across banks, mobile money, utilities, telecoms, retail instalments, and student loans, meaning…

2 Min Read