Ghanaian socialite Abu Trica faces US extradition after an FBI-backed arrest over $8m fraud. Oliver Barker-Vormawor shared new court date details.
Businesses in Kumasi have kicked against the contents of the 2023 budget presented to Parliament on Thursday as too harsh. They fear it could cripple businesses
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.
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.
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..
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.
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.
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.
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.
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.
The association that represents marketers of liquefied petroleum gas has announced a decision to call off a strike they started on Monday, August 1, 2022..
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