Cedi now ¢11.50 to $1

December 14, 2022 The Ghana cedi has ramped up in value against the dollar after appreciating by more than 20% in less than two weeks. Ghana’s currency enjoyed the longest appreciation period this year in...

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December 14, 2022 / Comments (0)

Fuel prices to fall significantly from December 16, 2022

December 14, 2022 Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute for Energy Security (IES) has projected. According to IES, the...

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December 14, 2022 / Comments (0)

Confidence in foreign exchange market to support cedi’s rally

December 13, 2022 Confidence in the foreign exchange market is expected to support the cedi’s rally against the US dollar and the other major foreign currencies in the coming weeks. This follows rising...

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December 13, 2022 / Comments (0)

IMF reaches Staff-Level Agreement on a $3bn, 3 years Extended Credit Facility with Ghana

December 13, 2022 The International Monetary Fund staff and government have reached a Staff-Level Agreement on economic policies and reforms to be supported by a new three-year arrangement under the Extended...

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December 13, 2022 / Comments (0)

Foreign holdings of domestic bond to fall to below 10% in 2022 – Bloomberg

December 12, 2022 Foreign holdings of Ghana’s domestic debt is expected to fall to below 10% by the end of the year, Bloomberg has projected. This it says had piled pressure on the Ghana cedi which is...

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December 12, 2022 / Comments (0)

Bloomberg report: Ghana Cedi posts world’s biggest gain against US dollar

December 12, 2022 Bloomberg has reported that the Ghana Cedi last week posted the world’s biggest gain against the US Dollar as Ghana starts reorganising local debt. It said the Ghana cedi took the title...

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December 12, 2022 / Comments (0)

Conship supports St. Mark’s Anglican Basic School and JHS at Essikado

December 9, 2022 Consolidated Shipping Agencies Limited (Conship) has supported St. Mark’s Anglican Basic School and JHS at Essikado in the Sekondi-Takoradi Metropolis to create a more conducive...

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December 9, 2022 / Comments (0)

Silver Star promises to excite clients with value-for-money driving experience

December 8, 2022 Silver Star Auto Limited has promised to excite clients with secured and value for money driving experience. The firm, a leader in automobile industry, outdoored two new vehicles during the...

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December 8, 2022 / Comments (0)

Debt exchange: Govt to establish GH₵15billion fund for financial institutions that participate

December 8, 2022 Known as the Ghana Financial Stability Fund (GFSF), the fund is being established with a target size of GH₵15 billion to be provided by the government and its development partners. The...

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December 8, 2022 / Comments (0)

Debt Exchange: 8 banks highly exposed to government bonds, may be hit hardest – Report

December 8, 2022 About eight banks names withheld are highly exposed to the Government of Ghana securities, particularly bonds and could therefore be impacted significantly by the Debt Exchange Programme....

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December 8, 2022 / Comments (0)