Economics and Business

Cedi-Dollar ratio: There is cartel behind black market operations, let’s tackle them – GUTA Boss

Cedi-Dollar ratio: There is cartel behind black market operations, let’s tackle them – GUTA Boss

President of the Ghana Union of Traders Association (GUTA) Dr Joseph Obeng has indicated that there is a powerful association behind black…
Cedi depreciates further to ¢14.70 to a dollar

Cedi depreciates further to ¢14.70 to a dollar

The Ghana cedi lost further grounds this morning to trade at ¢14.70 to the dollar, quotations from the forex bureaus…
¢14.50 equals $1 as cedi depreciation continues

¢14.50 equals $1 as cedi depreciation continues

The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US…
Ghana should have signed up for Debt Service Suspension Initiative – World Bank President 

Ghana should have signed up for Debt Service Suspension Initiative – World Bank President 

The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for…
Very soon there will be no Dollars in the market; Cedi will stabilize – Analyst

Very soon there will be no Dollars in the market; Cedi will stabilize – Analyst

The Cedi is going to stabilize soon, a financial analyst at the Dalex Finance, Mr Joe Jackson has said. Soon,…
Dialogue won’t resolve issues of GUTA, tackle fall of the Cedi – Nana Yaa Jantuah

Dialogue won’t resolve issues of GUTA, tackle fall of the Cedi – Nana Yaa Jantuah

General Secretary of the Convention People’s Party (CPP) Nana Yaa Akyempim Jantuah has asked the government to come out with…
Let’s not cannibalise on the situation-Prof Bokpin

Let’s not cannibalise on the situation-Prof Bokpin

An Economist, Professor Godfred Alufar Bokpin says the Ghanaian cedi is on course to exchange 15 to a dollar before…
$1 now sells for ¢13.75 as cedi suffers more depreciation

$1 now sells for ¢13.75 as cedi suffers more depreciation

The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than…
Ghana’s only hope to stop cedi depreciation rests with IMF – US-based Professor of Finance

Ghana’s only hope to stop cedi depreciation rests with IMF – US-based Professor of Finance

Ghana’s only hope to stop the free fall of the cedi will depend on an announcement of an economic programme…
SSNIT Pays GH¢2.7 Billion To More Than 200,000 Pensioners

SSNIT Pays GH¢2.7 Billion To More Than 200,000 Pensioners

The Social Security and National Insurance Trust (SSNIT) has as of January to September 2022, paid GH¢2.7 billion to more…
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