Solomon Boakye
U.S. Shutdown Triggers Economic Jittering, Threatening Ghana’s Remittance Inflows
The U.S. government shutdown is fueling economic jittering, cutting jobs and spending, and threatening Ghana’s remittance inflows as diaspora workers…
Financials Steady as Commodities Drag: Ghana Stock Exchange Closes Week Mixed
The Ghana Stock Exchange closed mixed as financial stocks gained and commodities slipped, with market capitalization rising to GH¢166.7 billion…
Oil Prices Drop Nearly 4% as Trade Tensions and Rising Supply Weigh on Markets
Brent crude fell 3.8% to $62.73, its lowest since May, as U.S.-China trade tensions and rising supply fueled demand worries;…
Renewed U.S.–China Trade Tensions Rattle Global Markets
Renewed U.S.–China trade tensions spooked global markets as President Trump threatened a massive tariff increase and hinted at canceling talks…
Cedi Gains Stronger Anchor as Central Bank Steps Up FX Support
Ghana’s cedi is gaining a stronger anchor, supported by BoG’s DGPP FX auctions, rising gold revenues, robust reserves, and IMF-backed…
Ghana’s International Reserves Continue to Outperform Program Benchmarks – IMF
Ghana’s reserves exceeded IMF program targets as the cedi strengthened on strong exports and fiscal reforms, with growth and inflation…
Moody’s Upgrades Ghana’s Outlook from Stable to Positive
Moody’s upgraded Ghana’s credit rating to Caa2 with a positive outlook, citing debt restructuring, IMF support, fiscal improvements, while noting…
White House Begins Mass Layoffs of Federal Workers as Shutdown Deepens
The White House has begun laying off over 4,000 U.S. federal workers amid a prolonged shutdown, a shift from furloughs…
Bank of Ghana’s Gold Holdings Rise Steadily to 37.06 Tonnes in September 2025
Ghana’s gold reserves rose to 37.06 tonnes by September 2025, with the new Domestic Gold Purchase Programme expected to further…
IMF Says Ghana Inflation to Hover Around 8% in 2026
Ghana’s inflation is expected to remain around 8% (±2%) in 2026, the International Monetary Fund (IMF) said on Thursday, citing…
Govt Renegotiates Power Purchase Agreement with IPPs – IMF
The International Monetary Fund (IMF) has confirmed that the Government of Ghana has successfully renegotiated power purchase agreements (PPAs) with…
IMF Reaches Staff-Level Agreement on Fifth Review with Ghana
The International Monetary Fund (IMF) has reached a staff-level agreement with the Government of Ghana on the fifth review of…
Smiles Return as Israel and Hamas Agree to Ceasefire and Hostage Deal
Israel and Hamas agreed to a ceasefire and hostage swap, marking a key step toward ending the war and sparking…
Oil Steadies Above $66 Following Israel-Hamas Ceasefire Progress
Oil prices held above $66 on Thursday after Israel-Hamas ceasefire progress eased Middle East tensions, while U.S. crude inventories rose…
Ghana Stock Exchange Climbs on Wednesday Despite Sharp Drop in Volume
Ghana Stock Exchange rose Wednesday as GSE-CI gained 40.51 points to 8,484.39, led by TotalEnergies and Fan Milk, despite sharp…