Cedi narrows loss to dollar on retail market; one dollar… Rhema Apr 9, 2024 The Ghana cedi narrowed its year-to-date loss to the US dollar to about 7.50% on the retail market after making…
Cedi-dollar depreciation for first four months of 2024 nears… Rhema Apr 5, 2024 The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex…
Election anxiety makes South Africa dollar bonds the worst… Rhema Apr 4, 2024 A slump in South African dollar bonds has made them the biggest laggards in developing markets this year,…
Namibia may tap its trillion dollar oil & gas windfall… Rhema Mar 22, 2024 With Namibia’s oil and natural gas exploration program delivering windfall results, the pressure to use this…
Battered Zimbabwe currency falls past 20,000 per dollar in… Rhema Mar 22, 2024 In less than two months, the Zimbabwean dollar has breached another significant threshold, dropping below 20,000…
Africa seems to be embracing the Russian currency at the… Rhema Mar 12, 2024 Using currencies outside of the dollar for international trade is fast catching on. Russia, and organizations…
Naira loses 69% of its value against dollar since FX reforms Rhema Feb 20, 2024 The naira has depreciated against the US dollar by 69.47 percent under the current administration led by President…
NDC dismayed by $12 million dollar expenditure on botched… Rhema Feb 19, 2024 The National Democratic Congress has accused the Akufo-Addo/Bawumia government of “causing financial loss” to the…
Nigeria hikes rate on short-term bills to lure dollar… Rhema Feb 8, 2024 Nigeria’s central bank hiked the interest rates on short term debt obligations on Wednesday in a bid to mop up…
Gold rush in Dollar Power: Govt seeks investors for… Rhema Feb 2, 2024 The Minister for Lands and Natural Resources, Mr Samuel A. Jinapor, has called on investors to partner with the…
Trade Expert predicts cedi stability; calls for prudent… Rhema Jan 11, 2024 With the misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict…