The second cedi, however, also faced the same fate as the first: intense deflation due to the black market. Attempts, including confiscations proved futile. In 1991, 10, 20, 50, and 100 cedi coins ...

The struggles of the Ghana cedi continue as the local currency experienced a 3.95 percent decline in value against the US ...

Last week, the local unit also lost 1.50% in value against the British pound, and 0.69% against the euro. Despite the Bank of ...

In 1982, in order to reduce tax evasion, curb corruption and manage liquidity, Ghana implemented a demonetisation programme to withdraw its 50 cedi note. The programme was unsuccessful and led to ...

Ghana's currency is expected to face more pressure in the next week to Thursday, Kenya's could slip after weeks of stability and Uganda's is seen strengthening, traders said. The Nigerian and Zambian ...

GHANA Ghana's cedi could weaken further on seasonal demand ... Commercial banks quoted the shilling at 128.50/129.50 per U.S. dollar, the same as last Thursday's closing rate.

Nana Owusu Achiaw Brempong, a 70-year-old farmer from the Sekyere Central district in the Ashanti Region, has been honoured ...

The TDC Ghana Limited has held its fourth Annual General Meeting (AGM) in Tema, declaring a three million Ghana Cedis ...

Ghana Water Limited (GWL) has taken a significant step forward in reducing water losses by launching a specialized Leak ...

The country in 1982 got rid of its 50 cedi note to crack down on tax evasion, address corruption and mop up excess liquidity. The move eroded confidence in the banking system as people turned to ...

Investors are invited to register at the link below. VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) ...

Uganda's currency is seen strengthening against the dollar in the next week to Thursday, while Ghana's could weaken and Kenya's and Nigeria's are expected to be broadly unchanged, traders said.