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Peter-Nortsu-Kotoe, Ranking Member, Education Committee in Parliament

Settle 6bn cedis owed to Free SHS contractors and suppliers – Minority to govt

The Minority in Parliament is urging the government to immediately settle approximately 6 billion cedis owed to various contractors and suppliers under the government's...
Cedi and dollar

Cedi to recoup some losses in coming days; one dollar equals GH¢15.65

The Ghana cedi will recoup some losses in the coming days following an improved performance against the US dollar last week. The local unit gained...

Cedi to make some recovery against dollar in coming months; to regain 9% loss

The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. According to the London-based firm,...

Cedi continues stability against dollar; One dollar goes for GH¢15.95

The Ghana cedi is expected to remain stable against the US dollar this week as foreign exchange (FX) liquidity improves and demand slows. This follows...

Cedi remains stable as foreign exchange demand eases; one dollar equals GH GH¢15.90

The Ghana cedi remained stable for the most part of last week as the foreign exchange demand eased slightly. After depreciating 0.64% day to-day and...
Mohammed Amin Adam

We’re expecting $2.9bn from IMF, other sources to stabilise cedi – Finance Minister

Finance Minister Dr. Mohammed Amin Adam has announced that Ghana is expecting about $2.9 billion from multilateral, bilateral, and private sector financial institutions by...
cedi

Cedi to stabilise against dollar from July after debt restructuring deal – Dr. Adu...

Economist, Dr. Adu Owusu Sakodie has said he expects the cedi to make some gains from July this year following the conclusion of the...
Cedi and dollar

Cedi depreciation slows down but pressures still persist ; one dollar equals GH¢15.75

The depreciation of the Ghana cedi to the US dollar slowed down last week as it lost 0.96% in value to the American green...

Cedi troubles continue, depreciates 21% to dollar as one dollar goes for GH¢15.70

The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%. This follows...
Hassan Ayariga

Ban forex trading, halt fast depreciating cedi – Hassan Ayariga charges govt

Founder and Leader of the All People’s Congress (APC), Dr Hassan Ayariga, has asked the government to halt the fast-depreciating Ghana cedi to avert...

Cedi remains weak as cocoa export revenue drops by more than $500 million

Galamsey, climate issues, diseases, and smuggling activities compelled export revenue of cocoa to fall by more than $500 million in the first quarter of...

Cedi depreciation slows down due to reduced foreign exchange demand; one dollar equals GH¢14.92

The stabilisation of the Ghana cedi against the major foreign currencies is expected to continue this week, following a slowdown in foreign exchange demand. The...

Cedi to end 2024 at GH¢15.91 to a dollar – Report

Research firm, IC Securities has revised its end-2024 US dollar to Ghana cedi rate to GH¢15.91/US$, from its initial forecast of GH¢13.2/US$. This, it said,...
Dr Mahamudu Bawumia

Bawumia failed to stabilise the cedi and wants to be President? – Joy FM...

A number of patrons of Joy FM have expressed frustration over Ghana's current economic hardship, and subsequently casting doubt on the ability of Vice...

Blakk Cedi lauds Stonebwoy’s TGMA achievement, praises Dr Louisa

Stonebwoy's former manager, Blakk Cedi, has extended heartfelt congratulations to the dancehall artiste, Livingstone Etse Satekla, known professionally as Stonebwoy, on winning the prestigious...
cedi

Track, trace and capture remittances as a short-term measure to stabilise cedi – Dr....

A Banking Consultant Dr. Richmond Atuahene has advised the Bank of Ghana (BoG) to track, trace and capture remittances as a short-term measure to...

Election 2024: I can revive depreciating cedi – Alan Kyerematen

The Founder and Leader of the Movement for Change, Alan Kyerematen, has linked the depreciation of the Ghana Cedi to systemic deficiencies and a...
MP for Nhyiaeso, Stephen Amoah

Bawumia will use a long-term strategy to stabilise cedi when elected – Stephen Amoah

Deputy Minister for Finance, Dr. Stephen Amoah, has argued that Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), intends to develop...
Nhyiaeso MP

My cedi depreciation a ritual problem statement taken out of context – Minister

Deputy Minister for Finance, Dr Stephen Amoah, has clarified that his statement that the cedi depreciation is a ritual problem has been taken out...

Cedi depreciation a ritual problem; Bawumia will fix it – Minister

Deputy Minister for Finance, Dr Stephen Amoah, says the depreciation of the cedi is a ritual problem caused by the import-driven economy. Speaking to the...

Mahama never promised to stabilise ‘struggling’ Cedi in 100 days – Aide

The flagbearer of the National Democratic Congress (NDC) has denied claims of pledging to address the depreciation of the cedi within 100 days of...

Gh¢28.9bn of Ghana’s debt is as a result of cedi depreciation, not borrowing –...

The Deputy Minister for Energy has attributed the unprecedented increase in the country's debt to the poor performance of the Ghanaian cedi on the...

Bawumia reveals cedi stabilisation plan if elected President

The 2024 flagbearer of the governing New Patriotic Party (NPP), Dr Mahamudu Bawumia has revealed his intentions to adopt a new approach to stabilise...
Cedi and dollar

Demand pressures on cedi ease; one dollar equals GH¢14.90

The Ghana cedi posted a mixed performance last week as demand pressures on the US dollar eased for most of the week. However, this week,...

Cedi depreciation: Black market dealer reveals deep secret

An illegal foreign exchange dealer, operating in the ‘black market,’ is blaming some banks in the country for the constant depreciation of the cedi...

Cedi depreciates 14.6% to dollar as of May 2024 – BoG

The Ghana cedi has depreciated by about 14.6% to the US dollar as of May 2024, the Bank of Ghana has revealed. This is lower...

Armed robbers attack fuel station, bolt with one million cedis at Pakyi No. 2

Armed robbers have allegedly raided IBM fuel station at Pakyi NO2 in the Amansie West district of the Ashanti Region. According to eyewitnesses, the armed...

Ministry of Finance, BoG working to address cedi depreciation – Amin Adam

Finance Minister, Dr. Mohammed Amin Adam, has assured that the Ministry of Finance is working with the Bank of Ghana to implement measures to...

Cedi has cumulatively depreciated by 14.2% in 2024 – Amin Adam

The Minister of Finance, Dr. Mohammed Amin Adam, announced that the depreciation of the Cedi has been significantly stabilized from November 2022 to December...

Cedi depreciation: GUTA president sends important message to BoG

President of the Ghana Union of Traders Association (GUTA), has called on the Bank of Ghana (BoG) to relax the stringent documentation requirements businesses...

Armed robbers attack fuel station, bolt with 1 million cedis

Armed robbers have allegedly raided IBM fuel station at Pakyi Number 2 in the Amansie West district of the Ashanti Region. According to eyewitnesses, the...
Abossey Okai centre/ Image Source: Pulse Ghan

Cedi fall: Abossey Okai spare parts dealers to increase prices

The Abossey Okai Spare Parts Dealers Association has announced a potential price increase starting next week due to the depreciation of the cedi. Customers should...
Cedi and dollar

Cedi depreciation pressures slowdown on improved foreign exchange liquidity

The depreciation pressures on the cedi have slowed down as a result of improved foreign exchange (FX)liquidity, particularly the US dollar. This follows significant intervention...

IEA outlines measures to stabilise Ghana’s “bleeding” cedi

The Institute of Economic Affairs (IEA) has proposed several strategies to stabilize the depreciation of the Cedi. They stressed the need for immediate and concurrent...

IMF programme blamed for the cedi’s decline

Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana. He...
Cedi and dollar

IMF programme blamed for the cedi’s decline

Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana. He...

Banks deny engaging in practices contributing to cedi’s depreciation

The Managing Director and Chief Executive of FirstBank Ghana, Victor Yaw Asante has rejected claims that some banks are actively engaged in practices that...
Nhyiaeso MP

Patronise local tourism to stabilise Cedi – Deputy Finance Minister to Ghanaians

Deputy Finance Minister Dr. Stephen Amoah has emphasised the importance of leveraging domestic tourism to stabilise the depreciating cedi. He is thus urging stakeholders in...
cedi

Govt will act to prevent cedi from depreciating to GH¢18 per dollar – Currency...

Currency Analyst Collins Appiah has expressed confidence that the Ghanaian government will take measures to prevent the cedi from depreciating to GH¢18 against the...

Depreciating Cedi to erode projected fuel price reduction

Despite the global decline in petroleum prices, fuel consumers in Ghana are unlikely to reap the benefits of expected decreases at the pump. The rapid...