The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
The National Chairman of the New Patriotic Party (NPP), Stephen Ayesu Ntim, has issued a rallying call for unity among party members, emphasizing the collective effort needed to secure victory in the upcoming general election scheduled for December. In a message addressed to all elected candidates following the Parliamentary Primaries on Saturday, January 27, 2024, […] The post NPP
Former president and flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has lashed out at President Nana Addo Dankwa Akufo-Addo and his Vice Dr Mahamudu Bawumia for the damage they have caused to the economy over their 8-year rule. Mr. Mahama said he is poised to repair the damage caused by the recklessness […] The post I’m committed
The Judicial Staff Association of Ghana (JUSAG) has admonished its members to be circumspect in their dealings with individuals who patronize the courts. JUSAG raised concerns about several cases of indiscipline recorded among its members across the country in 2023. JUSAG cited instances where some of its members were reprimanded for unavoidable offenses. In a […] The post Be
The National Democratic Congress (NDC) has urged Ghanaians to help secure a brighter future for the country by kicking out the governing New Patriotic Party in the 2024 polls. According to the NDC, Ghana’s current economic hardships were a result of mismanagement by the governing party. In a New Year message, the NDC General Secretary, […] The post Use
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