The value of the Ghana Cedi is still declining in relation to other major trading currencies, especially the US dollar.
Checks conducted by Ekuzoa News Business as of Sunday, July 7, 2024, at 9:00 AM revealed that several forex bureaus are selling local currency at...
Fuel prices are expected to increase for the first pricing window beginning in July 2024, according to the Chamber for Petroleum Consumers (COPEC).
The countrywide retail prices of petrol, diesel and liquefied petroleum gas (LPG) are anticipated to be impacted by this hike.
According to COPEC,...
Following the price increase on April 1, 2024, the Passport Office has discovered that Ghanaians are not applying for passports as frequently as they once did.
In spite of the fact that some passport applicants, agents, and other stakeholders fiercely opposed this directive, the Ministry...
The Bank of Ghana (BoG) has clarified the cost incurred on its open market operations, which contributed largely to the Central Bank’s loss position in the audited 2023 financial statements.The cost of the Bank of Ghana's (BoG) open market operations has been made clear;...
Groupe Nduom has refuted the Bank of Ghana's (BoG) August 16, 2019, claims about GN Savings.
On June 14, the BoG defended its choice to revoke GN Bank's licence in 2019, claiming that serious regulatory irregularities were the reason behind the decision.
The Central Bank asserted...
According to the African Development Bank's updated 2024 African Economic Outlook, Ghana's inflation is predicted to reach 20.9% by the end of 2024.
This exceeds the 17.4% that was initially estimated.
It implies that inflation would continue to be outside the 8%±2 level set by the...
