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The Ghana cedi has seen a major rise against the US dollar in recent times as the cedi is now selling at an exchange rate of Ghc11.86 to a dollar according to the latest release by the Central Bank

1 min read

Business & Finance

Cedi Continues Its Recovery Process Now Sells At Ghc11.86 Per Dollar

OheneKwame May 22, 2025

The Ghana cedi has seen a major rise against the US dollar in recent...

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Professor Stephen Kwaku Asare, widely known as Kwaku Azar has revealed the take home salaries of the Heads of Independent Government Bodies.

2 min read

Business & Finance

Salaries of EC, AG, CHRAJ Boss, Heads of IGBs Revealed By Kwaku Azar

OheneKwame May 21, 2025

Lawyer and Democracy and Development Fellow in Public Law and Justice at CDD-Ghana, Professor...

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Some spare parts dealers at Abossey Okai has indicated that the prices on their merchandise can not be reduced at the moment despite the rise of the cedi against the dollar and other foreign currencies. Explaining their reason, the traders noted that they purchased their goods at a time the exchange rate was extremely and due to that price reduction at the moment will make them increasingly huge losses. This assertion goes contrary to the assurance from the Abossey Okai Spare Parts Dealers Association, that there will be price adjustment in line with the cedi's recovery. The dealers stated in an interview with Citi Business News that price adjustment can only come into fruition if they are able to restock at the current exchange rates. Francis Appiagyei who is a spare parts dealer at Abossey Okai stressed that they ordered their goods at a time where the exchange rate was higher and it would be difficult for them to adjust their prices at the moment. According to him, it could only be fair that they sell-off their goods and make new order at the current exchange rates that is when prices of goods can be adjusted. Eric Osei who is also a spare parts dealer said that they will adhere to the directives from their leaders urging them to adjust prices of their goods but not at the moment. He emphasized that the prices of their goods will only be adjusted when the cedi continues to maintain it recovery.

1 min read

Business & Finance

We Can’t Reduce Prices Now – Abossey Okay Spare Parts Dealers

OheneKwame May 20, 2025

Some spare parts dealers at Abossey Okai have indicated that the prices on their...

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The Ghana Cedi has strengthened against the US Dollar and other foreign currencies, trading at Ghc 12.33 to a dollar according to the exchange rate update released by the Central Bank

1 min read

Business & Finance

Cedi Gains Momentum Against Dollar Now Trades At Ghc 12.33 Per Dollar

OheneKwame May 19, 2025

The Ghana Cedi has strengthened against the US Dollar and other foreign currencies, trading...

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The Ghana Cedi is on a mission to match the US Dollar boot for boot as it has further gain value with a buying rate of 12.39 per dollar and a selling rate of 12.41 as of today Friday, May 16, 2025, according to the exchange rate update released by the Central Bank.

1 min read

Business & Finance

Cedi Appreciates Further Against The US Dollar Trades At Buying Price of Ghs12.39 And Selling Price of 12.41

OheneKwame May 16, 2025

The Ghana Cedi is on a mission to match the US Dollar boot for...

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At least 130 civilians were killed by Burkina Faso government forces and allied militia in March near the western town of Solenzo, Human Rights Watch (HRW) says in a new report.

2 min read

Business & Finance

Burkina Faso Military Accused of Killing Over 100 Civilians

OheneKwame May 13, 2025

At least 130 civilians were killed by Burkina Faso government forces and allied militia...

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The Director of Communications for the Bawumia 2024 campaign, Dennis Miracles Aboagye, has lauded the Mahama government for the appreciation of the Cedi against major foreign currencies.

2 min read

Business & Finance

I Give Credit To NDC Gov’t for Cedi Appreciation – Miracles Aboagye

OheneKwame May 10, 2025

The Director of Communications for the Bawumia 2024 campaign, Dennis Miracles Aboagye, has lauded...

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The Cedi is steadily improving in value relative to other major foreign currencies after going through some difficult and challenging times

1 min read

Business & Finance

Cedi Continues To Appreciate Against Major Foreign Currencies, Trades at at GH₵13.82 per dollar

OheneKwame May 6, 2025

The Cedi is steadily improving in value relative to major foreign currencies after going...

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Mahama Unveils Transition Team to Ensure Smooth Power Handover

1 min read

Business & Finance

Mahama Unveils Transition Team to Ensure Smooth Power Handover

OheneKwame December 10, 2024

President-elect, John Dramani Mahama, has unveiled members of the transitional team which is in...

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The West African Examination Council (WAEC) has released provisional results of candidates who sat for the 2024 Basic Education Certificate Examination (B.E.C.E).

1 min read

Business & Finance
News

2024 BECE Results Out: Results of 41 Candidates Canceled; To Check Your Results Follow These Steps

OheneKwame October 20, 2024

The West African Examination Council (WAEC) has released provisional results of candidates who sat...

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Full List of 60 Private SHS Added To Free SHS Programme
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The government has expanded the Free Senior High School (SHS) program to include 60 private institutions, marking a notable advancement since its inception by the Akufo-Addo government.

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