Vice president Dr Bawumia has announced an uncommon move by government to purchase imported oil using gold. CSOs aren't enthused. But is the bold move feasible?
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Now $1 equals GH¢11: Cedi stabilises against US dollar amid Kamala Harris’ trip to GH
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Fuel prices: Petrol, diesel to be reduced by 10% – IES
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“What’s stopping Akufo-Addo from reducing size of his gov’t?” – IMANI Africa expresses worry
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Cedi-dollar depreciation: Ghana's currency shatters 8 before NPP; breaks ¢12 mark to a dollar
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China Mall: Ghana Revenue Authority clamps down on shopping centre for failing to fix electronic VAT system
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Increase our wages or we strike – Fufu pounders threaten to lay down pestles
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Food inflation caused by Ukraine war is hitting hard but GH experts see a solution
Hit or miss?: Experts break down BoG's move to stop cedi's fall and inflation
Bank of Ghana has stepped in with drastic measures to stop the fall of the cedi and end the rising inflation, but experts are divided on whether they will work.
Cedi depreciation compels BoG to clampdown on 'law-breaking' forex bureaus
The Bank of Ghana is stepping up the fight against the cedi's depreciation as it announces firm steps against forex bureaus flouting the foreign exchange laws.
I have faith in God to improve Ghana's economic challenges – Akufo-Addo
Ghana's President Nana Akufo-Addo is banking his hopes on the power of God to improve the economic hardship with appropriate policies by his administration.
Cedi to dollar rate ‘breaks the 10’; forex bureaux selling $1 for GH¢10.11
The worst fears of Ghanaians about the precarious cedi-to-dollar exchange rate have been confirmed on Thursday, as $1 sells at forex bureaux for GH¢10.11..
July 2022 inflation rises to 31.7% - GSS data show rising price levels
Inflation for July 2022 has risen to 31.7%, according to the Ghana Statistical Service. This shows general price levels have consistently risen since January.
GT Bank sends confusing text messages to customers about ’20 and 50’ notes
One of the commercial banks in Ghana, GT Bank Ghana has caused a stir on social media with a text message that it will no longer accept 20 and 50 paper notes.
Ofori-Atta doubles bailout request from IMF from almost $1.5bn to $3bn
Finance Minister Ken Ofori-Atta has increased the amount he is requesting from IMF for balance of payment support for Ghana from $1.5 billion to $3 billion.
Ghana cedi has become a junk currency - US economist Steve Hanke jabs
US Economist Prof Steve Hanke has given a grim assessment of the local currency, describing the cedi as a central bank junk currency as depreciation persists.
Angry traders threaten to hit the streets over cedi's continuous fall to the dollar
A demonstration is brewing in Accra as thousands of traders raise concerns about continuous fall of the cedi against the dollar and other foreign currencies.
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