Investors abandoned government securities last week as the Bank of Ghana’s 25% yield on open market bills overshadowed Treasury rates.
The central bank raised GH¢5.17...
President John Mahama’s government has banned foreign currency in all state contracts, enforcing a long-dormant 2006 law to stabilize the embattled cedi.
The directive, effective...
Professional services firm Deloitte has raised alarm over reported difficulties accessing foreign exchange in Ghana, citing a disconnect between official cedi stability and market...
The Ghana National Chamber of Commerce and Industry (GNCCI) has applauded the Bank of Ghana’s unprecedented 300-basis-point reduction of the policy rate to 25%,...