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Ghana must strive for vibrant manufacturing base, stabilization of the Cedi – Chartered Economist

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A Chartered Economist, Mr. Emmanuel Amoah-Darkwah, has advocated the allocation of more resources to strengthening government’s flagship programmes intended to transform the manufacturing base...

I would have classified the banks into three Tiers – Mahama

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Former President John Dramani Mahama has stated that if he was still in power, he would not have collapsed the banks, but would have...
Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)

Ghana cedi depreciation is attributed to several issues

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Mr Habibu Adam, an Economist, has attributed the depreciation of the cedi to the structure of the economy, allowing foreign portfolio investments into the...
Economics President Currency

Government is working around the clock to stabilise the Ghana Cedi

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President Nana Addo Dankwa Akufo-Addo on Tuesday assured that government is taking measures to fix the fragility of the Cedi, urging a greater dependence...
CEDI CRISIS

Ghana’s Finance Minister Says the Cedi Will Bounce Back

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The Government on Wednesday announced that it was adopting a number of measures, within the next two weeks, to reverse the depreciation of the...
Ghana Cedi

Ghana’s Falling Cedi Will Restrained President Assures Ghanaians

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Government is taking measures to arrest the recent decline in the value of the Cedi, President Nana Addo Dankwa Akufo-Addo has assured. Speaking at the...
Ghana Cedi

GNCCI Expects Good News About the Ghana Cedi in SONA

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Nana Dr Appiagyei Dankawoso I, President of the Ghana National Chamber of Commerce and Industry (GNCCI) Wednesday said, its members expect President Nana Addo...
Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)

Ghana cedi depreciation to continue if…

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The cedi should begin its losing streak against the dollar from next month (October) if nothing is done to stem the situation. This is the...
Wpid Px Gselogosvg

Societe Generale Brace The Storm On GSE

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The Ghana Stock Exchange (GSE) Composite Index lost 1.7 per cent to close at 1,794.7 points. The GSE-Financial Stock Index also dropped by 2.4...

GN predicts Cedi will trade at GHC4.00 per Dollar by year end

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Amid many speculations of a possible fall of the cedi in the third quarter of 2016, the domestic currency stood its grounds against the...

GSE Continues to put up a strong front

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Consequently the benchmark Ghana Stock Exchange (GSE) - Composite Index rose by 0.3 per cent to close at 1,807.7 points, stock market analysis made...
Ghana Cedis

BoG Laments Over The Poor Handling of Cedi Notes

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He said people should recognize that “it costs a lot of money to print and replace the dirty and torn notes”. ...
Nana Akufo-Addo

Nana Addo Says NPP will Fix Ghana’s economy

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He said the economy is in a bad shape because of mismanagement by the ruling National Democratic Congress, saying: “It is incontrovertible fact that...

Inflation For July Dropped to 16.7 Percent

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"The reason for the drop in July inflation is as a result of base drift and seasonality effects as well as the stability of...
Ghana Cedis

AFTC to put up Mission House At The Cost of GH¢200k

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The Pipe Tank area branch of the African Faith Tabernacle Church in Agona Swedru in the Central Region is to construct an ultra-modern mission...
Dr Henry Wampah, BoG Governor

Ghana’s Debt Stock Reaches US$25.6 billion

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The Data which was released last Saturday indicated that out of the total debt stock, domestic debt amounted to GH¢39.4 billion (29.5 per cent...
Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)

Ghana cedi drops on the currency market

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As a result the local currency trimmed 0.45 per cent to settle at GH¢3.85 per dollar. The local currency also closed in the red...
Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)

Financial experts kick against Ghana cedi devaluation

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However, debates has pulled in major financial gurus in the country to pass their comments on the calls by the duos. The most recent guru...
Ghana Cedis

High demand for foreign currencies to push cedi into depreciation

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Last year, Mr Martey predicted the cedi to end the year at 3.9 to a dollar; the local currency subsequently ended at 3.8 to...

Bank Of Ghana To Introduce Secondary Market Trading

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Speaking during a wide-ranging interview he gave to the global publishing, research and consultancy firm, Wampah acknowledged that the bank had faced a “difficult...
Kofi Wampah with Oxford business group

Ghana Will Address Downward Pressure On Cedi – Kofi Wampah

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instilling confidence in the currency will help generate better opportunities for growth, the Governor of the Bank of Ghana (BoG) H A Kofi Wampah...
courage-kingsley-martey, economic analyst at Databank

Expunging of duty concessions needed to grow local industry – Analyst

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Mr Courage Kingsley Martey, an economic analyst at Databank has asked for more excise duty concessions to encourage the use of local materials. Mr Martey...
President John Dramani Mahama

Chamber of Commerce asked to insist on Made in Ghana logo

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He said although most Ghanaian products like provisions and fabrics were the best by international standards, many Ghanaians still preferred foreign substitutes for no...
Ghana Cedis

First half of 2016 could be hard on Ghana Cedi – Banker

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“We expect the cedi to depreciate by about 20 percent in 2016 within the first half of the year, as foreign exchange inflows are...
Mr Seth Terkper, Finance Minister

Finance Minister to reveal 2016 budget on November 17

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Parliament proposed the date to the Finance Minister, Seth Terkper, Thursday. For some economic analysts, one of the key areas to look forward to in...
Ghana's Gold

Ghana is suffering from developmental Kwashiorkor – Part II

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? PART TWO Worst of it all is that instead of working towards their so called better Ghana Agenda which has fallen into a deep...

August inflation rises to 17.4 percent

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The monthly change rate for August is minus 0.1% while that of August was minus 0.7%. The food inflation rose to 7.8% compared to the...
Ghana cedi

IMF, EU express satisfaction with management of Ghana’s economy

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Aside, bleak outlook pointed by international rating agencies, the International Monetary Fund (IMF), says the Fund is happy with the progress the country has...
Ope Wemi Jones - Head of Inclusive Banking at Access Bank receiving the award on behalf of the Bank

Access Bank wins Women?s Market Champion honours in Brazil

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The Bank received the distinguished award alongside banks across the world, which have implemented successful women market programmes. The Women?s Market Champion award is...
Imani

IMANI reviews Cedi and Business Climate in Ghana

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IMANI's Ms Ivania Mondlane & Ms Keshia Osei-Kufour find out that it is relatively easier to start a business in Burundi, Liberia and Cote...