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inflation

Local currency depreciation pushes up Ghana’s March 2019 inflation

Annual Inflation, the measure of the rate of change in prices of consumer goods and services over a period of time inched up 0.1...
Finance Minister Ken Ofori-Atta

Finance Minister Says the Ghanaian Cedi will Stabilise

Ghana's Finance Minister Ken Ofori-Atta on Friday expressed confidence that the local cedi currency, which has seen some of its worst performances in recent...
Business Management Salary

Zimbabwe awaits the reintroduction of its local currency

Zimbabwean Finance and Economic Development Minister Mthuli Ncube said that the country will have its own currency within 12 months, state media Herald newspaper...
importers

Ghanaian import traders decry killer tariffs and exchange rate depreciation of local currency

Import traders in Ghana have listed high tariffs and exchange rate depreciation of the local currency (Cedi) as the major threats their businesses were...
power

Kenya to adopt local currency tariff power purchase deals to ease cost

Kenya is set to adopt local currency tariff power purchase agreements in a bid to lower electricity cost to consumers, a government official said...
Ghana’s investment market

Quantum Terminals issues US$10 Million corporate bonds on GSE

Quantum Terminals an operator in Ghana’s petroleum sector became the first non-financial institution to issue Corporate Bond on Ghana’s Fixed Income Market at the...
Fidelity Bank

Issuance Of Energy Sector Bond Witness Tremendous Success

The Fidelity Bank, joint technical advisors to the issuance of the energy sector bond, says the issuance of the bond witnessed a tremendous success...
afdb

AfDB Okays US$ 3 million Facility for Sierra Leone

The Board of Directors of the African Development Bank (AfDB) has approved a line of credit (LOC) of US$ 3 million (synthetic local currency...
Fuel

Zambia raises fuel prices on oil price hike, depreciation of local currency

Zambian consumers will pay more for fuel at the pump from midnight Tuesday, the Energy Regulation Board (ERB) said. The decision to raise the price...
Ghana Cedis

BoG Laments Over The Poor Handling of Cedi Notes

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

Nigeria Raised N52.5 billion In Local Currency Denominated Bonds

The debt office said it sold 25 billion naira of 2036 paper at 13.90 percent at Wednesday's auction, compared with 13.08 percent at the...

Mozambique needs stronger local currency

The governor said that if there is reduction on the import of basics products and investment in local production, Mozambican economy could see changes...
Ghana Cedis

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

“We expect the cedi to depreciate by about 20 percent in 2016 within the first half of the year, as foreign exchange inflows are...
Zimbabwe's economy is fragile and it does not have its own currency

Zimbabwe demonetized local currency

The Reserve Bank of Zimbabwe (RBZ) has commenced the process of demonetizing the Zimbabwe dollar using the United Nations rate as the exchange rate....

Western Union closes shop in Gambia after new exchange rates set

Scores of Western Union Money Transfer shops have been closed in Banjul after Gambian government fix its own exchange rates for the local currency. One...

Zambia’s digital satellite provider defends subscription fees hike

Zambia's leading pay-to-view television channel, DStv, on Saturday defended its decision to increase subscription fees, which have raised a public outcry. Multichoice Zambia, a subsidiary...
Multichoice

Zambia?s digital satellite providers plans to increase subscription fees raises storm

Subscribers to Zambia's pay-to- view television channel, DStv, on Friday launched a petition to stop the company from going ahead with its decision to...

Ghana To Record Single Digit Inflation By 2015

Bank of Ghana officials have projected the nation?s economy is to hit a single digit inflation rate again by the second half of next...

Wampah?s end draws nigh

Averting imminent parliamentary impeachment WAMPAH?RESIGNS?AT LAST! ...Mahama?s emissaries discussing final exit strategy   After overseeing one of the most disastrous performances of the local currency, the Cedi...

Local currency rise expected in March

The Bank of Ghana (BoG) says it expects cedi to start stabilising strongly against the United States dollar from next month. The Ghana cedi? has...