Fix the Country, Mr. President! Rhema Aug 17, 2022 The Cedi has plummeted significantly against the US dollar. The current administration’s economic management…
Cedi depreciation to inflate external debt-to-GDP ratio to… Rhema Aug 17, 2022 The continuous decline in the value of the local currency (cedi) against its anchor currency (dollar), is expected…
Gold Purchase Programme: BoG to buy gold in cedis not… Rhema Aug 10, 2022 The Bank of Ghana (BoG) under its ambitious gold purchase programme, will buy gold produced by mining companies in…
Cedi depreciation slows, but declines in value by 19% in 4… Rhema May 5, 2022 The rate of depreciation of the cedi to the US dollar has slowed down considerably, but the rapid fall in the first…
Bloomberg: Cedi ranks among “Worst Spot Returns” in quarter… Rhema Apr 5, 2022 The cedi recorded an 18.21% rate of depreciation to the US dollar in the first quarter of 2022, according to…
Cedi under Akufo-Addo is doing better than it did under… Rhema Mar 24, 2022 Finance Minister Ken Ofori Atta has said that despite the challenges facing the country at the moment, the Cedi is…
About 20% shops closed down in Abossey Okai due to economic… Rhema Mar 23, 2022 Over 20 percent of shops in Abbosey Okai have been closed down due to the recent high exchange rate and economic…
Gov’t reportedly agrees to scrap some taxes on petroleum… Rhema Mar 22, 2022 Government has reportedly agreed to scrap some taxes on petroleum products as a way of dealing with incessant…
Cedi fall: We may have to continue squeezing ourselves till… Rhema Mar 22, 2022 Vice President of the Ghana Union of Traders Association (GUTA), Clement Boateng has said Ghanaians may have to…
IES predicts fuel shortage as cedi depreciates further and… Rhema Mar 11, 2022 The Institute of Energy Security (IES), has indicated that the country could experience a fuel shortage in the…
Business community call on gov’t to peg cedi exchange rate… Rhema Mar 10, 2022 A section of the business community has asked the government to, with immediate effect, peg the cedi at a fixed…