Tag: currency policy

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Ghana’s Import Dependency Undermines Cedi Stability, Economist Warns

Ghana's persistent reliance on imports despite abundant natural resources represents a fundamental threat to currency stability that no monetary policy can overcome, according to...

Mahama Targets 5% Annual Cedi Depreciation Ceiling

President John Dramani Mahama announced Wednesday his administration will limit Ghana cedi depreciation to 5% annually, marking a significant shift from the currency volatility...

Cedi’s 12-Plus Rate More Sustainable Than Earlier Levels

Ghana's currency slide beyond 12 cedis per dollar represents necessary adjustment rather than economic alarm, according to financial sector analysis highlighting the unsustainable nature...

Farmer Discontent Over Prices Threatens Ghana’s Cocoa Financing Revolution

Ghana's groundbreaking shift away from expensive international loans for cocoa purchases faces an unexpected challenge: farmers unhappy with modest price increases are turning to...

Cedi’s Sharp Fall Sparks Debate Over Timing of US$4bn Cocoa Financing

Ghana's currency has tumbled nearly 80 pesewas against the dollar in just three days, prompting speculation about whether the depreciation reflects genuine market weakness...

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Africa’s Growth Will Shape Global Health to 2100, Lancet Finds

Economic growth in sub-Saharan Africa, especially the Sahel, will...

Shatta Wale says TikTok live gifts earned him US$45k

Dancehall star Shatta Wale has said he has earned...

Nollywood’s Harry B hails Mahama during LilWin film shoot

Nigerian actor Harry B Anyanwu has called President John...

Rapper Guru says Ayawaso, Nkoranza MPs cannot beat him

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

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