Ghana’s Central Bank has reviewed the directives it introduced some months ago to shore up the local currency against the dollar and other major foreign currencies.
The directive, among other...
Mr. Barton Odro , the Deputy Speaker and Ghana’s Member of Parliament (MP) of Cape Coast, who upbraided Ghana’s Supreme Court for ruling against Mr. Agbeyisi Woyome in the infamous 51.2 million...
Two Ivorians have been arrested by the Ghana Police Service for allegedly attempting to dupe a trader on the pretext of printing both local and foreign currencies for her.
When they were arrested,...
The 2012 Vice Presidential candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, has alleged that the Bank of Ghana, under governing National Democratic Congress, has spent $6.5 billion...
The Minister of Finance, Seth Terkper says the government’s main objective for opting for an International Monetary Fund (IMF) program is to stabilize the cedi to achieve a more predictable economy...
Dr. Mahamudu Bawumia has revealed that the Bank of Ghana, under the National Democratic Congress government, has spent a whopping $6.5 billion from 2009 to date, in their failed attempt to stabilize...
Confirmed reports reaching The Accra Report indicate that the Government of Ghana has decided to go for an IMF bailout to save the Ghana's economy from crumbling.
Ghana is currently reeling under a...
Ghana’s cedi, the world’s worst-performing currency this year, weakened as the government ruled out an International Monetary Fund bailout, stoking concern it will miss targets to narrow a budget...
The over 41% dip in the value of Ghana’s currency, the cedi, this year has caused many Ghanaian cocoa farmers to smuggle their beans to Ivory Coast where they can get 58% more in dollar terms for...
The current economic challenges have pushed food prices above the means of most Ghanaians, who spend more than half of their earnings on food.
The situation has been compounded by the free fall of...
Dr. Kofi Wampah, the current Governor of the Bank of Ghana (BoG), has blamed the nation's increasing public debt on Ghanaians unwillingness to pay tax. He said this whist addressing journalists in...
