Tag: Cedi stability

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Ghana Bans Foreign Currency Pricing for Government Contracts

Ghana has prohibited the use of foreign currencies in pricing government contracts, effective immediately. Finance Minister Dr. Cassiel Ato Forson announced the directive during Thursday's...

Cement Talks Focus on Pricing and Quality as Cedi Strengthens

Ghana's Trade Minister Elizabeth Ofosu-Adjare convened a key meeting with major cement producers to address market stability and consumer protection. Representatives from Ghacem, CIMAF, CBI,...

Ghana Importers Forced to Black Market Amid Dollar Shortage

Ghanaian importers report an acute shortage of U.S. dollars at commercial banks despite the Bank of Ghana (BoG) maintaining an official exchange rate of...

BoG Urges Exporters to Reinvest Forex Earnings Locally

Bank of Ghana Governor Dr. Johnson Asiama has called on exporters to reinvest foreign exchange proceeds domestically to bolster the cedi and drive economic...

Ghana Faces Critical Tests in Sustaining Economic Reforms

Bank of Ghana Governor Dr. Johnson Asiama has identified three persistent threats to Ghana's economic stability despite the cedi's 42% appreciation this year. Speaking at...

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Rapper and former University of Ghana student leader Guru...

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