Business – Akostik Media

How Long Can the Cedi Hold the Dollar?

Dorcas Obuobi-Donkor4 weeks ago4 weeks ago03 mins

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…

What is Driving the Ghana Cedi’s Depreciation Against Foreign Currencies?

Dorcas Obuobi-Donkor1 month ago1 month ago05 mins

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…

Niche Selection: Setting Goals For Starting Your Business Right

Fafali4 months ago4 months ago05 mins

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….