NEWS

Cedi Depreciation: Check out 5 steps taken by government

The government, according to President Akufo-Addo, has taken decisive action to reestablish order in the nation’s foreign exchange markets. He claimed that these actions are starting to produce fruitful results and boost market confidence. On Sunday, October 30, President Akufo-Addo spoke to the people on the economy and promised that …

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President Akufo-Addo insist of bringing back Ghana’s economy

At the height of the Covid-19 outbreak, President Nana Addo Dankwa Akufo-Addo made a widely praised declaration that the administration knew how to revive the economy. He has now clarified that this statement was not meant in jest. President Akufo-Addo mentioned the economy’s development trajectory despite the pandemic in his …

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IES predicts fuel price increase in November

The Institute for Energy Security (IES) has predicted a mid-November increase in fuel prices at the pump. This is a result of the Cedi’s substantial depreciation against the US dollar and the noticeably rising price of gasoline on the global fuel market. “In IES’ estimation, Gasoil’s price per litre is …

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