Tag Archives: CEDIS

Parliament has approved the 2024 Budget Estimates of the Office of Government Machinery, the sum of two billion and seventy-four million, eight hundred and twenty-seven thousand, one hundred and sixty-four Ghana Cedis (GH¢2,074,827,164.00) for the 2024 financial year. The finance Committee chaired by Kwaku Kwarteng in the report presented to …

Saturday’s torrential rains have flooded and collapsed several stores around the Asogli palace with damages running into millions of cedis. The rainfall, which lasted for about two hours caused a major storm drain traversing the Asogli palace to overflow, flooding the frontage of the palace to a depth of about …

A donor to the National Cathedral of Ghana project has stated that he believes a donation he made saved the life of his son. In a testimony shared by donor named Alexander Nii Kai Addison on the Cathedral’s social media handles, read in part: “I listened to Rev Dr Joyce …

Brace yourself to pay more for chicken this festive season because the Ghana Poultry Farmers Association is estimating an upward adjustment in the price of your favourite protein source. Poultry, initially selling at 55 Ghana cedis two weeks ago, now sells at 70 Ghana cedis on the market. However, this …

The Students’ Representative Council (SRC) of Valley View University led by the president, Mordecai Nsiah Dwomoh, has donated fourteen pieces of washroom mirrors worth thousands of cedis to the Vice-Chancellor of the university as part of the council’s contribution towards the development of the school, as promised and captured in …

One cigarette is going to be sold at 5 Ghana cedis in Ghana. This increase in the price of cigarettes will be effective On Monday. The cigarette was sold at 1.50ps then but from Monday they will be sold at 5 cedis. The reason is due to the change in …

    In the quest of finding everlasting solution to fix Ghana’s economic crisis, I am pleading with government to stop using high currency like the dollar in issuing payments for local debts to save our local currency from depreciation due to the high rate of the dollar, which causes the …

The people of Wuru, a deprived community in the Sissala East Municipality of the Upper West Region are not using the Ghana Cedis, the official currency of Ghana as its medium of exchange due to the depreciation of the Ghana Cedi and other compelling factors. The only way they accept …

To help shore up the foreign exchange reserves of the Bank of Ghana, starting September 1st, the Bank of Ghana will purchase gold from gold mining companies in the country at world market prices but payment will be made in cedis. This was the agreement between the Economic Management Team, …

Dr. Cassiel Ato Forson, a former deputy Finance Minister, has alleged that government through the Bank of Government (BoG) has printed an amount of GH¢22 billion in new currency notes without Parliamentary approval. According to him, the new notes were printed between January and June 2022 on the orders of the government …