A Russian oil tanker carrying about 600,000 barrels of crude oil reached Ghana on Friday, February 24 prompting concerns contents will be stashed in the country
A Russian oil tanker carrying about 600,000 barrels of crude oil reached Ghana on Friday, February 24 prompting concerns contents will be stashed in the country
A Deputy Finance Minister, Dr John Kumah says the cedi is the third strongest currency in Africa and adds that the cedi-depreciation is not peculiar to Ghana.
Ghana is set to fly a national carrier again following the selection of an indigenous company, Ashanti Airlines, as strategic investor for a home-based carrier.
Prof Gatsi has proposed four ways Ghana can prevent the cyclical economic crunch such as is being experienced under the current Nana Akufo-Addo administration.
Professor of Economics at the John Hopkins University in the United States, Steve Hanke, says Akufo-Addo's promises to return the economy to good days are false
The cost of a Ghanaian egg delicacy called “kosua ne meko” has shot up two times following an increase in the price of a crate of eggs in shops and supermarkets
The IMF says Ghana's economic crisis is not a result of bad policies by the NPP government. According to the MD of the fund, external factors are to be blamed.
The cedi has started the last quarter of 2022 on a high note as it appreciates marginally against the dollar at forex bureaus monitored by YEN.com.gh on Sept 1.
A World Bank economist has detailed reasons why the cedi and other emerging market currencies are seeing a sharp fall against the US dollar in recent times.
BoG has received $750 million from the African Export-Import Bank (Afreximbank), as a scarcity of the American green buck in Ghana puts pressure on the cedi.
Economy
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