Traders and importers have shared the nuances of pricing as Ghanaians call for reduced pricing to accompany the strengthening of the cedi against foreign currencies.
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GH¢10 per litre for fuel to trigger another round of transport fare increase by Monday
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Cedi strengthens against the dollar a day after Akufo-Addo’s speech; $1 now Gh¢13.60
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Cedi’s momentum continues $1 now sells for GH¢10.70
The cedi is growing from strength to strength and is now selling for $1 to GH¢10.70. Over the last 2 weeks, the cedi has continued its momentum against the $.
Inflation climbs to 50.3% in November even as GH economy wakes from slumber
The latest figures released by the Ghana Statistical Service (GSS) shows Ghana's year-on-year inflation surged to 50.3% in November, up from 40.4% in October.
Huge reduction in fuel prices from Friday but no reductions in transport fares
Institute for Energy Security, a think tank that monitors happenings in the petroleum sector, has predicted that fuel prices will drop significantly from Friday
“Economic Maguire” & Ofori-Atta secure win for cedi against dollar after IMF staff-level deal
Finance minister Ken Ofori-Atta and Dr Mahamudu Bawumia have been lauded for major appreciation of the Ghana cedi against the US dollar in the recent times.
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Kenkey party loading as Ghana makes major progress towards $3bn IMF bailout
The IMF and Ghana, led by Ken Ofori-Atta, have reached staff-level agreement on economic policies and reforms to be supported by the $3 billion bailout money.
NPP accuses NDC of hiring TikTokers to speculate on local currency
A Deputy Communications Director of the governing NPP, Rabi Salifu has accused the opposition NDC of hiring Tiktokers to speculate on the cedi depreciation.
GUTA begs traders to reduce prices of goods as cedi improves against dollar
GUTA has told its members that it has become imperative for them to put new prices on their goods to reflect the cedi's recent appreciation against the dollar.
Togbe Afede says government’s promise of ‘no haircut’ in proposed Domestic Debt exchange is a mockery
Togbe Afede has described the Akufo-Addo government’s promise of ‘no haircut’ as a mockery. According to him, claims there will be no haircuts should be ignored
Cedi flexes muscles; Appreciates against USD after debt exchange announcement
The cedi has approciated against the US dollar following the domestic debt exchange announcement by finance minister Ken Ofori-Atta. It's gained some 4% so far.
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