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Tag: Cedi

A devastating fire has gutted a cluster of fitting shops at Mempeasem, a suburb of Asawase in Kumasi, destroying more than 100 motorcycles, 10 vehicles, and at least 15 container shops. The blaze, which broke out around...
Former Finance Minister and Ranking Member on Parliament’s Finance Committee, Mohammed Amin Adam, has petitioned the International Monetary Fund (IMF) over concerns arising from the Bank of Ghana’s audited 2025 financial statements, warning of potential risks...

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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