Kojo Oppong Nkrumah, the Minister of information, has said that the Bank of Ghana and government have initiated a series of consultations aimed at curbing the rapid depreciation of the Ghana cedi.
The Ghana cedi has depreciated by 37.5%, 24.1% and 27.5%...
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi.
The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more...
The Minister of Finance, Ken Ofori-Atta, has urged Ghanaians to not panic or put further pressure on the cedi as the currency continued its rapid slide against the US dollar in October.
Thursday’s depreciation (as much as 9.5 per cent...
The Ghana Road Transport Union (GPRTU) says it will on Monday, October 24, 2022, announce new fares for public transport.
This according to the union has been necessitated by the continuous soaring of prices of petroleum products at the various...
The United States Embassy in Ghana says it has worked to reduce the time of waiting for appointments after non-immigrant visa applications.
The new waiting duration, according to the US Ambassador to Ghana, Virginia Palmer is now less than six...
A survey by Global Info Analytics has found that 77 per cent of Ghanaians believe the country is heading in the wrong direction as of October 2022.
According to the survey, 16 per cent of Ghanaians believed the country was...
The Ghana Medical Association (GMA) has charged government to halt what it believes could be the start of the collapse of the National Health Insurance Scheme (NHIS).
It comes after the Chamber of Pharmacy said it can no longer operate...
The Cedi is going to stabilize soon, a financial analyst at the Dalex Finance, Mr Joe Jackson has said.
Soon, he said, there will be no more Dollars in the system.
The Cedi has been struggling against the major trading currencies...
The Second Deputy Governor the Bank of Ghana Elsie Addo Awadzi has said the fall of the Cedi against the Dollar and also the high inflation rate (32.7%) are temporary.
She expressed confidence of a positive outlook for Ghana’s economy.
Speaking...
Ghanaians could find themselves in cash-and-carry situations at health facilities because of Ghana’s forex challenges, Dr. Kwame Sarpong-Asiedu, a research fellow with CDD-Ghana, has warned.
Because the pharmaceutical sector is heavily reliant on imports, Dr. Sarpong-Asiedu noted that the National...
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