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Tag: Cedi

A section of Ghanaians has taken to social media to criticise the Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, over what they describe as inconsistent positions regarding the use of the presidential jet. The backlash follows renewed...
Former Defence Minister Dominic Nitiwul has raised concerns over the timing of the government’s decision to significantly expand recruitment into Ghana’s security services, questioning why the move was not implemented earlier if the capacity existed. Mr. Nitiwul...

Ghana Cedi Now World’s Worst-Performing Currency – Bloomberg

The Ghana cedi has been ranked the world’s worst-performing currency in the third quarter of 2025, according to a Bloomberg report, marking a sharp...

Cedi Recovery Hits Government Revenues – GRA Boss

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has revealed that the recent sharp recovery of the cedi has significantly reduced...

Cedi’s Sharp Appreciation Triggers 50% Drop in Remittance Inflows — BoG Governor

Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the recent surge in the value of the cedi has led to...

Suame Magazine Spare Parts Dealers Decry High Port Duties Despite Cedi Gains, Demand Urgent Reforms

Spare parts dealers at Suame Magazine in Kumasi are raising red flags over what they describe as unjustifiably high import duties, despite recent gains...

U.S. Tariff War Reason Behind Cedi Appreciation — Economist

The Ghanaian cedi has posted recent gains against the US dollar, a trend attributed to the United States’ ongoing tariff war with several global...

E-Cedi transaction value hits GH₵473m in pilot phase – BoG

In the Bank of Ghana’s report released on October 22, 2024, the E-Cedi pilot phase success was highlighted, achieving a significant milestone with a...

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