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Tag Cedi appreciation

Categories Business

Parliament summons trade groups over high prices despite cedi gains

  • June 10, 2025
  • Estimated read time 2 min read

Parliament’s Committee on Trade, Industry, and Tourism has summoned several major trade groups to explain why they have not reduced prices, despite the recent appreciation of the Ghana cedi and a drop…

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Categories Health

Cedi gains lead to lower costs for medicines and medical equipment

  • June 4, 2025
  • Estimated read time 2 min read

The Ghana National Chamber of Pharmacy (GNCoP) and the Pharmaceutical Importers & Wholesalers Association (PIWA) have announced a price reduction of 5% to 15% on pharmaceutical products, medical consumables, and equipment. This…

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Categories News

IEA warns of possible cedi decline without long-term reforms

  • May 28, 2025
  • Estimated read time 2 min read

The Institute of Economic Affairs (IEA) predicts the Ghanaian Cedi could lose value again by December 2025 if the government doesn’t take serious steps to fix long-term problems in the economy. At…

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Categories Business

Cedi’s strong performance cuts Ghana’s debt by GH₵150 billion – Mahama

  • May 27, 2025
  • Estimated read time 2 min read

President John Dramani Mahama has said that the recent rise in the value of the Ghanaian cedi has helped cut the country’s debt by almost GH₵150 billion. He made this announcement at…

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Categories Business

Why the cedi Is getting stronger: Bank of Ghana explains (layman version)

  • May 23, 2025
  • Estimated read time 2 min read

The Governor of the Bank of Ghana, Dr. Johnson Asiama, says the recent rise in the value of the Ghanaian cedi is due to smart decisions made by the government and the…

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Categories Business

Experts debate cedi appreciation: smart policy or external factors?

  • May 17, 2025
  • Estimated read time 2 min read

The Member of Parliament for South Dayi and Majority Chief Whip, Rockson-Nelson Dafeamekpor, says the recent appreciation of the Ghanaian cedi against the US dollar is mainly due to smart and deliberate…

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Categories Business

Price reductions expected in two months as Cedi gains value

  • May 14, 2025
  • Estimated read time 2 min read

The Ministry of Trade, Agribusiness and Industry, together with several major trade associations, has agreed to reduce the prices of finished goods within the next two months. This will happen only if…

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Categories Business

Ghana’s Cedi makes history: Ranked world’s top performing currency by Bloomberg

  • May 8, 2025
  • Estimated read time 3 min read

The Ghana cedi has been named the world’s best-performing currency this month, following the significant appreciation of 16 per cent against the US dollar since the start of April 2025, according to  Bloomberg.…

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