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Economy
Cedi fell by 19.1% to dollar in January 2023 – BoG

Cedi fell by 19.1% to dollar in January 2023 – BoG

In the first month of 2023, the Ghana cedi fell by 19.1% against the US dollar. According to the Bank of Ghana's January 2023 Summary of Economic and Financial Data, the cedi sold on the

Business
Moody’s puts Ghana on par with Sri Lanka on restructuring plan

Moody’s puts Ghana on par with Sri Lanka on restructuring plan

Ghana’s credit rating has been cut deeper into junk territory by Moody’s Investors Service as it has become more likely that private lenders will suffer sharp losses in the government’s planned debt restructuring. Moody’s downgraded

Business
Jospong Group of Companies signs MoU with major rice players in Thailand

Jospong Group of Companies signs MoU with major rice players in Thailand

Jospong Group of Companies (JGC) has partnered with some major rice industry players in Thailand to grow an integrated rice farming project. The reported companies will be providing technical and equipment support for the country’s

Business
First truckload of cheap foodstuff to arrive at Agric Ministry today

First truckload of cheap foodstuff to arrive at Agric Ministry today

The first truckload of foodstuff to be conveyed from the farm gate to the Ministry of Food Agriculture arrives today, November 11, 2022. This Ministry announced the foodstuff will arrive at 8 am. This is

Business
Some banks begin suspending loans to new customers

Some banks begin suspending loans to new customers

Some banks in the country have begun suspending loans, particularly to new customers. This follows the increase in the policy rate by the Bank of Ghana to 24.5%. We understand that some of the foreign

Business
Cryptocurrency market value hit $4,825

Cryptocurrency market value hit $4,825

Bitcoin and ether made record peaks in the trade as enthusiasm for cryptocurrency adoption and fears about inflation lent support to the asset class. Bitcoin rose as high as $67,803 and ether, the second-biggest cryptocurrency

Business
MTN empowers youth with innovative ‘Just Be Series’ as it celebrates its 25th anniversary

MTN empowers youth with innovative ‘Just Be Series’ as it celebrates its 25th anniversary

The 2021 edition of MTN Ghana’s Pulse “Just Be Series” is slated to come off on Thursday 17th June 2021 at 10:00 am and will be streamed live on MTN Ghana’s social media pages, Facebook

Business
AfCFTA to establish agric value chains across Africa – Secretariat

AfCFTA to establish agric value chains across Africa – Secretariat

The African Continental Free Trade Area Secretariat is hopeful of rolling out agricultural value chains in various countries to boost agro-processing across the continent.   This was made known by the Secretary General of the

Market
Pastor Chris Predicts When Rapture Will Happen, Says It Won’t Exceed 10 Years

Pastor Chris Predicts When Rapture Will Happen, Says It Won’t Exceed 10 Years

Founder of Loveworld Ministries a.k.a Christ Embassy, Pastor Chris Oyakhilome has`spoken rapture and when it will happen. According to the Church leader, Rapture won't exceed 10 years. Pastor Chris who said this during an online

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