Depreciation

Business

Stanbic Bank Predicts 6% Growth Rate

Stanbic Bank Ghana says growth rate for the Ghanaian economy is not expected to go beyond 6%, a rate which is 0.3%...

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The Invisible Hand of Government In Cedi Depreciation

By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices...

Business

‘kaaka Motobi’ Tax Cuts Insignificant To Private Businesses – Ken Thompson

Taxes that were abolished as announced by the Minister of Finance, Ken Ofori Atta in his 2017 budget presentation...

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Cedi Depreciation Threatens Fuel Price Stability

The Institute of Energy Security (IES) is predicting a further increase in fuel prices in the first pricing window of...

Business

Allow Cedi To Fall To Assess Its Strength

The Chief Executive Officer of Dalex Finance Ken Thompson has reiterated calls to allow demand and supply to determine...

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Allow Cedi To Fall To Assess Its Strength- Dalex CEO

The Chief Executive Officer of Dalex Finance Ken Thompson has reiterated calls to allow demand and supply to determine...

Business

Businesses Still Reel Under High Cost of Utility, Taxes – AGI Report

High cost of utility still remains one of the major challenges confronting businesses in Ghana. This is according to...

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Businesses Still Reel Under High Cost of Utility, Taxes

High cost of utility still remains one of the major challenges confronting businesses in Ghana. This is according to...

Business

Reduce Taxes On Fuel Products – Chamber of Petroleum Consumers

The Chamber of Petroleum Consumers has called on government to review some tariffs on petroleum products to reduce the...

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Chamber of Petroleum Consumers

The Chamber of Petroleum Consumers has called on government to review some tariffs on petroleum products to reduce the...

Business

Importers, Exporters Demand Stable Cedi For Business

The Importers and Exporters Association of Ghana want the new government to put in stringent measures to stabilize the...

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Importers, Exporters Demand Stable Cedi For Business

The Importers and Exporters Association of Ghana want the new government to put in stringent measures to stabilize the...

Business

Cedi Sees 1 Percent Drop In A Week

The Cedi recorded a week-on-week (WoW) depreciation of 1 percent against the USD. It opened at a price of GH¢4.1105/$...

Business

Cedi Slide Amidst Polls Uncertainty

The local currency has come under intense pressure in the run-up to the elections, recording about 0.13 percent fall...

Business

Election, Seasonal Demand Mount Pressure On Cedi

The cedi could be in for its toughest test this time in the year, as seasonal demand for the US dollar by importers,...

Business

Gov’t Owes Mining Firms GHC280m

Government owes mining companies over 280 million Ghana cedis in Value Added Tax as at the end of last year, a report...