The forecast for major African currencies heading into 2025 presents a mixed picture, with South Africa’s rand anticipated to perform well, while Nigeria’s naira may experience...
Bloomberg | Ghana has ditched plans of borrowing from international banks to fund its cocoa crop in the next season, breaking a 32-year-old tradition that has...
Reuters | Ghana has started a bulk purchase initiative to buy gold locally to raise the gold component of its reserves, Central Bank Governor Ernest Addison...
Ghana’s central bank has increased interest rates by a percentage point to 25 percent to arrest the slide of the cedi against major currencies. Bank of...
The Association of Ghana Industries, which is advocating for the legislation, argues that parliament must urgently initiate steps to check government’s domestic borrowing in order to...
Ghana’s falling currency has fueled smuggling of as much as 100,000 tons of cocoa into neighboring Ivory Coast since October, reversing a trend, industry sources said....
You know you are in trouble when pastors are seeking divine intervention for your currency. On the Sunday that followed the Bank of Ghana’s attempt to...
Ghana’s annual producer price inflation rose sharply for a second month in February to 27.1 percent year-on-year from 23.3 percent in January, due mainly to utility...
Ghana’s economy grew 5.5 percent in 2013, less than the 8 percent targeted by the government, the International Monetary Fund said on Wednesday. The 2013 fiscal...
Ghana will look toward boosting its local industries to strengthen its economy, President John Dramani Mahama said in his annual state of the nation address in...
President John Dramani Mahama on Tuesday reiterated government’s plan to rescue the depreciating cedi and add value to the country’s commodities that are currently exported in...
(Reuters) – Ghana’s central bank – The Bank of Ghana, raised its main policy rate by 200 basis points 18 percent on Thursday in a drive...
