Tag: Foreign exchange

During the engagement, Mr. Gyamfi and the Technical Committee acknowledged the critical role played by various industry groups in shaping the GoldBod initiative.

One of the key discussions centered on Ghana’s upcoming participation in the UK Garment and Textile Trade Exhibition, set for July 2025.

The Minister emphasized that all revenue collections must be centralized into a single account before allocation.

Dangote, the president of the Dangote Group has shed light on the factors that led to the unexpected drop in the price of Premium Motor Spirit (PMS), commonly known as ...

Ghana has experienced an unprecedented rise in demand for petroleum products during the fourth quarter of 2024, defying significant economic hurdles, including the persistent challenge of securing foreign exchange for ...

The World Bank’s October 2024 Africa Pulse Report has unveiled Ghana’s cedi as the fourth weakest currency in Sub-Saharan Africa (SSA) this year. The report highlighted the cedi’s depreciation of ...

Mr. Benjamin Aryee, Advisor on Mining to the Minister of Lands and Natural Resources, has emphasized the Ghanaian Government's proactive approach in engaging stakeholders to advance key policy objectives in ...

Following the government’s recent shift to a flexible exchange rate policy, the Ethiopian birr has plummeted by 60% against the dollar, creating widespread uncertainty and panic among businesses and consumers ...

Corporate demand and a strong US dollar have put significant pressure on Ghana's currency, the Cedi, during the first four months of 2024. Databank, an asset management company, predicts that ...

Former Chief Executive at the Ghana National Petroleum Corporation (GNPC), Alex Mould, has disclosed that no new foreign exchange will accrue to Ghana from the sale of gold by BoG ...