The Ghana cedi has stabilized against the US dollar, according to Finance Minister Ken Ofori-Atta, with a year-to-date cumulative depreciation of 25.7 …
Ghana cedis
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Opinions
The Cedi: What happened? And where do we go from here?
by Efo Korsi Senyo | Executive Editor 11 minutes readOn 4th March 2022, the Bank of Ghana reported that the cedi had reached 7.00 to the dollar. Compared to the rate …
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BusinessPolitics
How is the cedi doing in the midst of COVID-19? – Dr. Lawrence asks Bawumia
by Efo Korsi Senyo | Executive Editor 3 minutes readThe Founder of the USA-based Diaspora Progressive Movement, Dr. Lawrence Appiah wants to know from the Vice President of Ghana, Dr. Mahamudu …
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Here’s my take on the plunging cedi, the causes, implications for growth, and what to do about it. It’s based on just …
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Economy
We don’t need fresh budget – Economist to Minority
by Awake Newsby Awake News 1 minutes readDr Kofi Lindsay has indicated that there is no need for government to present a fresh budget to parliament over the recent …
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Business
Cedi woes due to government’s ‘bloated’ expenditure – Dr Nii Moi Thompson
by Efo Korsi Senyo | Executive Editor 4 minutes readEconomist, Dr Nii Moi Thompson has placed the blame on the consistent depreciating of the Cedi witnessed since the beginning of the …
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BusinessFinance
Successful sale of Eurobond to strengthen the cedi – Prof Gatsi
by Kekeli Kuatsenu / News Editor 2 minutes readThe government’s three-tranched Eurobond has been over-subscribed causing the country to secure $3 billion in bids from international investors. After close of …
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Business
What the hell is going on? – Franklin Cudjoe on cedi depreciation
by Kekeli Kuatsenu / News Editor 2 minutes readFounding President of policy think tank, IMANI Africa, Franklin Cudjoe has expressed shock at the perennial sharp depreciation of the Ghana Cedi …
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Economy
Cedi depreciation not strange – Deputy Finance Minister
by Efo Korsi Senyo | Executive Editor 4 minutes readDeputy Finance Minister, Kwaku Kwarteng has dispelled speculations that the current depreciation of the cedi being witnessed against the dollar has reached …
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Finance
‘Dollar breaks jail’ – Importers and exporters tell Bawumia
by Awake Newsby Awake News 1 minutes readAlbeit he lauded the government for abolishing the 10 percent import duty as it promised importers but he was quick to explain …