Tag: cedi performance

“They always blame fuel prices when increasing fares, but now that fuel is cheaper, they say it’s because of spare parts and insurance. That’s not right.”

In a discussion on the current state of Ghana’s business environment, Dr. Humphrey Ayim Darke, President of the Association of Ghana Industries (AGI), has analyzed the cedi’s performance, and the ...

Ghana's Finance Minister, Ken Ofori-Atta, has delivered the 2024 budget statement to Parliament, highlighting the government's efforts to restore economic growth and create more jobs. Ofori-Atta attributed the ongoing economic ...

The demand for United States (US) dollars has declined considerably at the recent bi-weekly forward forex auction. Also, this happens to be the lowest bid turnout since the start of ...

Investment consultant – Mr. David Ganesha Tetteh has revealed that, the suspension of dividend payment by financial institutions in 2020 may play a minute role in the strength of the ...

Vice President, Dr. Mahamudu Bawumia has disclosed that government has reduced the depreciation rate of the cedi by 50 percent since 2017. In his statement, he indicated that Ghana runs ...

An economic analyst, Courage Kwesi Boti, in his sphere of expertise, has said he does not foresee any significant depreciation in cedi against major trading currencies at least for the ...

The Governor of the Bank of Ghana, Dr. Ernest Addison is confident that the country’s economic growth will pick up by year end. Despite the Finance Minister revising the country’s ...