Business

Cedi falls massively against US dollar again

The Ghanaian cedi has experienced a massive decline against the US dollar, according to the latest exchange rates published by the Bank of Ghana. The official interbank rates for Tuesday show the cedi trading at ₵10.9745 for buying and ₵10.9855 for selling against one US dollar. This represents a significant depreciation of the local currency […]

Economy

Ghana’s economic future: Prominent Ashanti chief urges authorities to revisit Nkrumah’s sterling strategy

By King Amoah, Kumasi In a provocative call to action, Nana Boakye Yiadom Atonsa II, the Chief of Denanase a town within the Afigya Kwabere North Municipality in the Ashanti region has disclosed that Ghana stands the chance of economic breakthrough if the authorities would courageously revert to an ideology purportedly championed by the Ghana’s […]