A Ghanaian retiree has dragged the Bank of Ghana (BoG) and its immediate past Governor, Dr Ernest Addison, to court, citing gross negligence in the management of the Ghana Cedi. In a writ filed at
Founding President of IMANI Africa, Franklin Cudjoe, has lamented the difficulties Ghanaians face when engaging in international online transactions due to the cedi's poor performance. The think tank boss in a Facebook post described the
A Senior Lecturer at Accra Technical University, Dr. Daniel Osabutey, has called on the government to introduce a policy requiring multinational corporations investing in Ghana to set up local production facilities within five years. This,
THE CEDI appreciated against the dollar, trading at 12.05 from 12.25 at last week’s close as foreign exchange demand eased. The Bank of Ghana sold only US$9.2 million in the spot market last week, compared
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
Shops in Accra are reopening today, October 21 following the suspension of a strike action by the Ghana Union of Traders Association (GUTA). According to the union, the move comes after several consultations with government
Sachet and Packaged Water Producers in the country say they will stop producing if nothing is done about the free fall of the cedi against the dollar. According to the National Association of Sachet and
