Finance
Cedi Depreciation Sparks Inflation Concerns Amid Global Economic Pressures
Accra:The cedi experienced a 3.9% depreciation against the US dollar in September, erasing most of its gains from August and bringing its total losses for the year to over 10%. This depreciation, combined with rising US interest rates, high oil
Bank of Ghana to Implement New Credit Risk and Liquidity Directives
Accra:The Bank of Ghana is preparing to implement new directives to enhance credit risk management and liquidity resilience in the banking sector. Governor Dr. Johnson Pandit Asiama announced these measures during the Post-Monetary Policy Committee en…
Seven Arrested in Accra for Using Cedi Notes in Money Cakes and Bouquets
Accra:Founder and Leader of the All People’s Congress (APC), Dr. Hassan Ayariga, has issued a challenge to the Bank of Ghana (BoG) to specify the legal basis for arresting individuals who arrange Ghana cedi notes into gift bouquets and cakes.
Government Accepts GHS1.77 Billion of Treasury Bill Bids
Accra:The government has accepted GHS1.77 billion out of a total of GHS2.93 billion worth of bids submitted by investors in the latest Treasury bill auction. This indicates that the government rejected approximately GHS1.15 billion, or 39%, of the tot…
Ghana Stock Exchange Experiences Significant Value Loss Amid Market Uncertainty
Accra:Ghana’s stock market has seen a substantial decline, shedding approximately GHS15.5 billion in value over the past month. This downturn comes as investors engage in profit-taking from the year’s big winners and exercise caution as the final quar…
Global Food Price Surge Poses Challenge to Ghana’s Import Costs
Accra:Global food prices have risen by 5.8% in September compared to the same period last year, as reported by the United Nations Food and Agriculture Organization (FAO). This increase could significantly impact Ghana’s food import expenses, leading t…
Ghanaian Companies Absent from Forbes’ Best Employers List
Accra:Ghanaian companies were noticeably absent from the latest Forbes World’s Best Employers 2026 ranking, which includes 900 companies from 52 countries.
According to Ghana Web, the absence of Ghanaian companies highlights a lack of representation…
Finance Minister Highlights Shift to Job Creation and Business Growth
Accra:Finance Minister Dr. Cassiel Ato Forson announced a strategic shift in the government’s economic focus towards job creation, business growth, and improved livelihoods. This new direction follows an initial emphasis on stabilizing the economy.
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