Solomon Boakye

2915 Articles

Some OMCs Cut Fuel Prices as Cedi Strength and Global Oil Trends Ease Costs

Star Oil and other OMCs reduce petrol and diesel prices amid cedi gains and falling international oil prices, following earlier…

3 Min Read

Oil Edges Higher on First Trading Day of 2026 Amid OPEC+ and Geopolitical Focus

Brent crude rose on January 2, supported by US inventory draws, OPEC+ expectations, and heightened geopolitical tensions in Europe and…

2 Min Read

Limited Partnership Act Seen as Key to Unlocking Ghana’s Private Equity Industry

Ghana’s private equity industry is poised for growth as GVCA pushes with VCTF and Finance Ministry to pass the Limited…

3 Min Read

Private Equity in Ghana Gains Momentum Amid Calls for Regulatory Reform

Ghana’s private equity market expands, attracting significant inflows to SMEs and high-growth sectors, though legal constraints and underdeveloped exit markets…

3 Min Read

Egypt and Afreximbank Launch Plans for Pan-African Gold Bank

Egypt’s Central Bank and Afreximbank plan a pan-African Gold Bank to formalise gold value chains, boost reserves, retain continental value,…

2 Min Read

Gold Extends Rally on First Trading Day of 2026 Amid Policy and Geopolitical Uncertainty

Gold rose to $4,379.24 per ounce on January 2, extending last year’s rally, driven by US policy expectations, geopolitical tensions,…

2 Min Read

“No Turning Back” — PURC Holds Firm on Tariff Hikes

Tariff hikes remain unchanged as PURC prioritises sector stability, leaving businesses and households to absorb rising costs, shrinking margins, and…

4 Min Read

Businesses Greet 2026 with Mixed Package as VAT Relief Collides with Utility Tariff Shock

Ghana begins 2026 with VAT reforms offering business relief but rising electricity (+9.86%) and water (+15.92%) tariffs challenge households and…

3 Min Read

Ghana Starts 2026 with Eased Inflation and Stable Cedi; Attention Turns to Utility Tariffs

Ghana enters 2026 with inflation at 6.3% and the cedi at GH₵10.51/USD, offering macro stability, while businesses brace for upcoming…

2 Min Read

Gold Prices Retreat Slightly on Final Trading Day, Annual Gains Unshaken

Gold ended 2025 slightly lower on the final trading day but achieved its strongest annual gain in decades, driven by…

2 Min Read

Oil Prices Start 2026 Lower as Market Faces Oversupply Concerns

Oil markets began 2026 lower, pressured by oversupply, weak demand, rising inventories, and geopolitical uncertainties, continuing a downtrend that marked…

2 Min Read

Stringent Penalties Await Unlicensed Virtual Asset Services After Transitional Period

Ghanaian regulators warn virtual asset service providers that strict sanctions will apply to unlicensed operators after the VASP Act transitional…

3 Min Read

Not All Loss Be Loss, GOLDBOD Saved Ghana More Than It Cost Us —Senyo Hosi

Senyo Hosi says GOLDBOD’s US$214m loss is a policy cost, not failure, boosting gold exports, stabilising the cedi, reducing inflation,…

4 Min Read

Ghana’s Gold Sector Scrutiny Spurs Calls for Early Government Statement

Rising scrutiny over GoldBod and Bawa Rock Ltd has stirred uncertainty, prompting calls for urgent government clarity to restore investor…

2 Min Read

FSC Concludes 2025, Sets Agenda to Bolster Ghana’s Financial Stability in 2026

Ghana’s Financial Stability Council concludes 2025, reviewing key initiatives, promoting bank listings, consumer protection, real estate data, VASP regulation, and…

2 Min Read