Ghana’s Finance Minister, Cassiel Ato Forson, has credited the recent strengthening of the cedi to deliberate and sustained economic planning, dismissing suggestions that the improvement is a short-term market response. Speaking during a meeting with the Food and Beverage Association of Ghana, Forson emphasized that the cedi’s recent appreciation reflects long-term fiscal strategies rather than…
The Ghanaian cedi has been recognized by Bloomberg as the best-performing currency in the world this month, gaining nearly 16% against the US dollar since the beginning of April 2025. This strong appreciation has contributed significantly to easing inflation in the country, bringing Ghana’s consumer inflation rate to its lowest level in eight months. As…
KAMPALA, UGANDA – Over 10,000 young leaders from across Africa gathered in Kampala and Jinja for the International Youth Festival 2024, a two-day event focused on addressing some of the continent’s most pressing challenges, including the exploration of Africa’s nuclear energy potential. The festival, themed “Empowering Global Youth,” brought together participants from diverse fields such…
The Ghanaian government recorded a marginal oversubscription in its latest treasury bills (T-bills) auction, but this came at the cost of rising interest rates across the board. According to auction results released by the Bank of Ghana, the government raised GH¢4.195 billion from the sale of short-term debt instruments, exceeding its target of GH¢4.035 billion….
Deloitte Ghana is set to hold a specialized training programme on AI-powered data analytics, aimed at equipping professionals with cutting-edge skills in today’s rapidly evolving digital landscape. The event is scheduled for October 22, 2024, and will focus on delivering essential insights and tools that professionals need to excel in data-driven roles. The training will…
The Impact of the Cedi’s Depreciation on Businesses in Ghana has faced significant challenges over the past few years, one of the most concerning being the sharp decline in the value of the cedi. As of today, the exchange rate stands at 16.55 cedis to 1 US dollar, a stark indication of the cedi’s depreciation….
Starting today, April 11, 2023, commuters will notice changes in fare prices across various routes. Notably, the fare from Takoradi to Kwei-Kuma has seen an increase from GH₵6.00 to GH₵7.20 pesewas. Likewise, the journey from Takoradi to Accra now stands at GH₵78, up from GH₵65. In a parallel adjustment, the fare from Agona-Nkwanta to Akwaada…
The workplace, as we once knew it, is undergoing a profound transformation, and the youth are at the forefront of this monumental shift. The rise of remote work culture is not just a trend; it’s a paradigm shift that demands preparation, adaptability, and a forward-thinking mindset from the younger generation. Embracing the Remote Work Revolution:…
In the bustling streets of Ghana and beyond, Valerie Labi is revolutionizing transportation through the creation of electric bikes. Fueled by her commitment to environmental sustainability, Labi’s bikes operate solely on electricity, powered by two rechargeable batteries capable of covering up to 140 kilometres on a single charge. This groundbreaking innovation ensures that delivery riders…
Quick Credit and Investment Micro Limited, a prominent microcredit firm, has reaffirmed its dedication to enhancing customer service and supporting business aspirations. In a recent end-of-year durbar themed ‘Our Year of Innovation and Reforms,’ the company’s founder and board chairman, Mr. Richard Nii Armah Quaye, revealed that Quick Credit disbursed a substantial GH¢1.7 billion to…
