As of June 5, 2025, the Ghanaian cedi (GHS) is trading at approximately GH₵10.20 to the U.S. dollar (USD), according to Reuters . This rate reflects a period of relative stability, supported by the Bank of Ghana’s interventions and increased dollar demand. Forecasts indicate that the cedi will maintain a range between GH₵15.35 and GH₵15.45…
After the change in governance from NPP to NDC in 2025, the Ghanaian cedi has experienced an indicative depreciation against all foreign currencies. This occurrence has raised concerns among businesses, consumers, and policymakers. Understanding the factors contributing to this decline and the potential timeline for stabilization is crucial for navigating the current economic and business…
Narrowing down your niche is essential for building a strong personal brand. It helps you stand out and become recognizable within your niche. While it may be tempting to engage in multiple activities, this approach can dilute your brand’s focus and effectiveness. Finding your niche may seem straightforward, but staying committed to it requires passion….
Dr. Forson emphasized during the opening ceremony of the 2025 National Economic Dialogue in Accra how important it is for all parties involved to work together in order to address the country’s economic problems. Government representatives, economic specialists , business executives, civil society organizations and development partners come together for this two day event which…
The Chamber of Oil Marketing Companies (COMAC) has pledged to firmly oppose any policy that could endanger local businesses within the downstream sector. This declaration comes in response to the cylinder recirculation model (CRM) introduced by the previous government, which COMAC claims did not benefit local industry players. In an interview during the recently concluded…
The Ministry of Energy has reassured Ghanaians that there will be no disruption in power supply, despite the country’s outstanding $379 million debt to Karpower. Read Also- Dumsor-The Light-Off Condition in Ghana The ministry acknowledged the debt but emphasized that efforts are in place to ensure a steady and uninterrupted electricity supply for the nation….
Are you nurturing a business idea, a startup or running a thriving business informally? Have you thought of registering and formalizing the business or idea? Business registration is a crucial step toward legitimacy, growth and increased opportunities. Why the need to register your business? Agencies responsible for the registration of businesses in Ghana? ROC is…
President Mahama, through his team led by Chief of Staff Mr. Julius Debrah, is holding a consultative meeting with key advisors from the energy sector and other stakeholders to address the looming crisis inherited by the new government on its first day in office. According to Hon. Felix Kwakye Ofosu, the Acting Spokesperson to the…
One of the campaign promises of the president elect, John Mahama, was to scrap off the 10% betting tax.In Mahama’s reset Ghana agenda,he stated that he will rationalize taxes. Even abolishing among others what he describes as the obnoxious e-levy.He also assured to scrap off the covid levy and the 10%levy on bet winings.However Professor…
Following the temporal ban on Forex Trading activities placed on the Condolidated Bank Ghana, CBG’s license has been reinstated. According to a press statement released by CBG on the 6.12.24, their license for F orex Trading activities was reinstated on 4.12,24 . According to the statement, CBG has addressed all concerns stipulated by the bank…
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