BUSINESS NEWS
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We’ll stabilise foreign exchange market – Oppong Nkrumah
In an effort to halt speculation and stabilise the foreign exchange market, the Bank of Ghana will hold a series…
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Cedi loses 37.5% in third quarter – Stock market returns negative
The cedi suffered a steep decline in value against the world major currencies in the third quarter of the year.…
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Govt to seal IMF deal before 2023
The Ministry of Finance has assured that the government will continue to work with a fierce sense of urgency to…
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Gov’t must begin pegging of port exchange rate right away- GUTA
The Ghana Union of Traders Associations (GUTA) has indicated that it expects the government to, as soon as possible, begin…
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“Don’t panic” – Ken Ofori-Atta reacts to cedi depreciation
The Minister of Finance, Ken Ofori-Atta has urged Ghanaians not to panic or put further pressure on the cedi, as…
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GRA to suspend invigilation of businesses to appease GUTA – Trade Ministry
A Deputy Trade and Industry Minister, Michael Okyere Baafi, has said the government will suspend the ongoing invigilation by the…
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Gov’t to maintain forex rate at ports to aid traders – Deputy Trade Minister
The government will maintain a fixed exchange rate at the ports for the next three months to cushion traders who…
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Ghana should have signed up for Debt Service Suspension Initiative – World Bank President
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for…
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Producer price inflation hits 45.5%
Producer Price Inflation, the average price of goods and services received by domestic producers for their production activities, for the…
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Ghana Cedi World’s Worst-Performing Currency Against The Dollar – Report
The Ghana cedi is currently the world’s worst-performing currency against the US dollar, Bloomberg reports have indicated. The currency has…
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