A blogger and an Information Technology (IT) professional have been put before an Accra Circuit Court on charges of spreading false news. The blogger, Jeffrey Eppirim, was charged with publication of false news while the I. T professional Jeremiah Kobina Egyebeng was charged as his accomplice. According to a report …
Read More »Ghana Cedi falls 40% to dollar
For nine months this year, the cedi has lost 40.05% in value to the US dollar, according to data from Bloomberg. This makes the cedi the second-worst performing currency in the world. The cedi is ranked as the worst among the 30 top-performing currencies on the African continent. In July, …
Read More »Bawumia has jailed the Ghana cedi and granted the dollar bail – Mahama mocks
President John Dramani Mahama has taunted Vice President Dr. Mahamudu Bawumia’s 2017 claim that he as ordered the arrest of the United States dollar and given the keys to the then Inspector-General of Police, David Asante Appeatu. According to Mahama, there is no time in history that the dollar has …
Read More »Cedi crosses GH¢10 to one dollar mark
The Ghanaian currency (the Cedi), which is said to be the second-worst-performing currency across the globe after Sri Lanka’s Rupee, is depreciating faster than anticipated. Even though the Central Bank has put out some emergency measures to tackle it, the continued depreciation seems to have outjumped the Bank of Ghana’s …
Read More »Cedi selling at GH¢10.11 to US Dollar as at August 18
On the Interbank forex rates from the Bank of Ghana today, August 18, 2022, the Ghana Cedi is trading against the dollar at a buying price of 8.0951 and a selling price of 8.1031. As compared to yesterday’s trading of a buying price of 8.0751 and a selling price of 8.0831. At …
Read More »Cedi nears GH¢10 mark, selling at GH¢9.95 to US Dollar as at August 16
The Cedi traded against the dollar at a mid-rate of 8.0671 Its trade value against the Pounds Sterling was at a mid-rate of 9.7410 The Euro’s mid-rate stands at 8.2096 Note that these rates may be different at a forex bureau near you. Our forex bureau rates are provided by Afriswap …
Read More »VIDEO: Tracey Boakye showered with countless dollar bill notes on her wedding day
Hundreds of dollar bills was showered on Tracey Boakye on her wedding day by her bridesmaids in Kumasi. In a video that was shared on the actress’s page on her Instagram account, she was captured in a beautiful sea blue dress with her bridesmaids all around her. The simple but elegant bridesmaids …
Read More »Kwaw Kese gives sarcastic meaning to ‘breaking the 8’ as dollar hits GHC8
Seasoned Ghanaian rapper, Emmanuel Botchwey, popularly known as Kwaw Kese has used, ‘breaking the 8’, a popular mantra of the governing New Patriotic Party (NPP) to tease the party as the dollar is now equivalent to GHC8. The NPP mantra, ‘breaking the 8’ is a saying that reminds members and executives of the NPP …
Read More »Minority shoots down one-billion-dollar loan despite IMF plea
The Minority has shot down the approval of a 1 billion dollar syndicated loan at the committee meeting despite IMF advice that it should be approved to prevent the economy from grinding to a halt. According to the Ranking Member of the Finance Committee, Ato Forson, their decision was due …
Read More »Euro and US Dollar reach parity for the first time in 20 years
The exchange rate between the Euro and United States Dollar has reached parity – meaning the two major currencies now have the same worth. The development would make it the first in 20 years for such an occurrence. On Tuesday, July 12, the euro hit $1, which represented a decline …
Read More »