Economics and Business
Cedi appreciating against the Dollar – Forex Bureau Association
October 26, 2022
Cedi appreciating against the Dollar – Forex Bureau Association
The President of the Forex Bureau Association of Ghana, K. T. Dadzie, has disclosed that the exchange rates have reacted…
Restoring fiscal, debt sustainability won’t be easy, it’ll require difficult but firm decisions – Bawumia
October 26, 2022
Restoring fiscal, debt sustainability won’t be easy, it’ll require difficult but firm decisions – Bawumia
Vice President Dr Mahamudu Bawumia has admitted that achieving fiscal and debt sustainability is not going to be an easy task.…
Cedi may receive a sentiment boost if government secures IMF staff-level agreement by December 2022
October 26, 2022
Cedi may receive a sentiment boost if government secures IMF staff-level agreement by December 2022
Should the government secure a staff-level agreement with the International Monetary Fund by December 2022, the Ghana cedi may receive…
Redenominate cedi; it will trigger low dollar demand – Finance Expert
October 25, 2022
Redenominate cedi; it will trigger low dollar demand – Finance Expert
A US-based associate professor of finance, Professor William Peprah, is calling for redenomination of the Ghana cedi. According to him,…
Cedi lost 14.47% value to dollar last week
October 25, 2022
Cedi lost 14.47% value to dollar last week
The Ghana cedi lost 14.47% in value to the dollar last week (October 17 to October 21, 2022), the worst…
Interest rates hit 33%; government misses T-bills sale by 16%
October 24, 2022
Interest rates hit 33%; government misses T-bills sale by 16%
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in…
Cabinet, EMT, banks and forex bureaus to meet over depreciating cedi – Oppong Nkrumah
October 24, 2022
Cabinet, EMT, banks and forex bureaus to meet over depreciating cedi – Oppong Nkrumah
The government has announced plans it says will help end the continuous depreciation of the Ghana cedi. Information Minister, Kojo…
IMF, World Bank pledge to conduct thorough update of Ghana’s debt situation
October 24, 2022
IMF, World Bank pledge to conduct thorough update of Ghana’s debt situation
The International Monetary Fund and the World Bank have pledged to conduct a thorough update of Ghana’s current debt situation…
Sam Jonah advises Akufo-Addo on handling economic challenges
October 24, 2022
Sam Jonah advises Akufo-Addo on handling economic challenges
Ghanaian businessman and chancellor of the University of Cape Coast, Sam Jonah, has advised President Akufo-Addo to begin solving Ghana’s…
Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP Morgan
October 24, 2022
Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP Morgan
Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt…