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Finance Minister says Ghana cedi is steadily recovering

Mr Ken Ofori-Atta, Minister of Finance has asserted that the cedi has made great strides towards recovery on the back of the successful issue...
Kwesi Pratt Jnr

NPP administration is not to blame for the Ghana cedis free fall – Pratt

Seasoned Journalist, Kwesi Pratt Jnr., says it will be “absolutely foolish” to lay blame at the doorstep of the current administration for the downward...
Economics President Currency

Ghana cedi begins to chase the U.S. dollar

Government’s announcement of fresh dollars into the economy to arrest the unbridled appreciation of the United States dollar has succeeded in redeeming some value...
Ghana Cedi

GNCCI Expects Good News About the Ghana Cedi in SONA

Nana Dr Appiagyei Dankawoso I, President of the Ghana National Chamber of Commerce and Industry (GNCCI) Wednesday said, its members expect President Nana Addo...
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GSE Kick Starts On A Positive Note

Trading on the Ghana Stock Exchange bounced back as transaction opened the third week of February (13 to 17) on a positive note with...

AMA exceeds revenue target from Gh¢10m to Gh¢40m

The Accra Metropolitan Assembly (AMA) has tripped its revenue from Gh¢10 million to Gh¢40 million under the able leadership of the indefatigable Mayor of...

Ghana government says new financial law will ensure prudent management of public funds

Finance minister Seth Terkper said this during an engagement with the media on the new Public Financial Management Act (PFMA) passed by the...
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)

During the era of the MONEY BOX”

Growing up in the mid 90’s it was very common practice to see children save in either a tin or wooden box called Money...
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 and China discuss direct currency transactions

Addressing the media on the state of the country's macro-economic conditions, Isahaku said the bank was expecting Chinese officials for preliminary talks on the...
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

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...
Seth Tekper

Industries seek strict solutions to economic stability

In the fourth quarter of 2015 business barometer report of the Association of Ghana Industries (AGI), AGI indicated that the confidence level of businesses...
ghana cedi

CLOSAG invites labour ministry on base pay re-negotiation

In a statement signed by Mr Issac Bampoe Addo, Executive Secretary of CLOSAG, said the (2015) increases in the salaries and allowances were done...
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Let?s Appreciate What Our Predecessors Have Done

It?s rather unfortunate Ghana after 57 years of independence is still under developed due to BLACK MENTALITY by our Politicians who always take delight...
Ghana cedi

Bank of Ghana doesn’t have a clue about the Cedi – Casely

Financial analyst, Sydney Casely Hayford claims the Bank of Ghana doesn?t know exactly what is wrong with the Ghanaian currency, the cedi, which results...

Is the Cedi dancing ?kpanlogo??

Manufacturing firms in the country are worried the depreciation of the local currency could cause the collapse of their businesses. In the last few weeks,...

Developing New strategy to manage Ghana Cedi

by Adnan Adams Mohammed Due to the precipitous depreciation in value of the Ghanaian local currency, the cedi, against all the major trading currencies (US...

GUTA is not ready to reduce prices of goods

Members of the Ghana Union of Traders Association (GUTA) say they are not going to reduce prices of goods for the next six months...
Wpid Ghana Ports And Harbours

CEPS accused of quoting dollar at GHS4.2

Xexe, this morning I am peeved a little over the disparity in the dollar rate and the lawless behavior of some institutions regarding the...
Ghana Cedi

Ghana’s currency in swift recovery after long depreciation

After a long spell of depreciation, Ghana?s cedi currency has started firming against all international trading currencies, according to Foreign Exchange (FX) market figures. ...

Reasons why you should sell your dollars now

The local currency last week recorded its biggest gain against the US dollar this year, when it closed trading on Friday gaining 7.8 percent...
TUC

Ghana trades unions kick against petroleum price hikes

The Ghana Trades Union Congress (GTUC) has kicked against the recent increases in petroleum products in the country, saying the hikes could never be...
CEDI CRISIS

Ghana Cedi coming under pressure

The Ghana Cedi appears to be coming under some pressure again?only days into 2015. This has seen the local currency go down marginally.. For instance...
Ghana Cedi

?300 m illegally been paid under dubious circumstances

More than a year after president John Mahama directed the Attorney General to collect all debts illegally paid to individuals, public and private institutions,...

Ghanaian Businesses Suffer High Interest Rates

The Private Enterprise Foundation (PEF) has expressed concern about the high interest rates on loans that businesses in the country source from financial institutions. According...
Ghana Cedis

Samson Lardy jabs Casely-Hayford Over Paul Adams Solo Comment

Pray - You may not have enjoyed the interview, but it's soo very unfair to accuse Paul of taking soli to do it. It's...
Ghana Cedi

The Tourism Industry And The Stability Of The Cedi.

By Samuel Kwasi Obeng. One of the key indicators of a strong economy is the performance of a currency in the exchange rate market. A...
Ghana Cedi

Microfinance Groups To Take Measures To Cut High Loan Default Rates

A financial and investment expert says Microfinance Institutions in the country will have to strengthen their credit risk analysis and finance performance systems to...
CEDI CRISIS

Ghana Cedi could come under pressure again

Group Head of Economic Research at Ecobank, Angus Downie, has warned that the Ghana cedi could come under serious pressure again in the next...
ghana cedi

Local authorities accused of mismanaging funds

Kwaku Agyeman-Manu, Chairman of the Public Accounts Committee of Parliament, has appealed to Finance Officers (FOs) and District Coordinating Directors (DCDs) to ensure good...

Cedi gradually fights for respect against the dollar

For many businesses?and individuals, the rate at which?the Ghana cedi was depreciating?presented an opportunity to take steps to protect their investment, but for others?it...