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Commodities
How did the cedi come about? Bank of Ghana explains
The Ghana cedis and pesewas in your pocket, wallet or bank account are the means through which you can purchase goods and services…
How the dollar, energy and food prices swirled after a year of war
Russia's invasion of Ukraine has disrupted economies and markets around the world, from energy and food prices to European banks,…
Consumers to feel impact of Gold-for-Oil policy soon — Opata
The impact of the Gold-for-Oil policy will be felt at the pumps only if the country is able to import about 50 per cent of fuel…
Unaccounted gold export: Ghana lost $1.1b in 2 years
Ghana lost a total of $1.1 billion through unaccounted gold exports between 2019 and 2021, investigations by the Economic and…
Gold for oil: First consignment arrives in Ghana next week
The first consignment of fuel in the government's gold for oil deal will arrive next week,…
IMF aware of “Gold 4 Oil” programme – Governor Addison
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said the International Monetary Fund (IMF) is aware of government’s…
Trade surplus hits $1.8bn as Gold, oil and cocoa boost exports to $14.3bn
Total exports at the end of the month of October 2022, stood at $14.3bn.
Total exports value of $14.3bn, according to the…
Plans to secure gold for oil to be realised in March 2023
Government has expressed confidence that the plan to procure oil with gold for the Ghanaian market can be realised as early as…
BoG withdraws foreign exchange support for importation of rice, vegetable…
The Bank of Ghana has withdrawn foreign exchange support to customers for the importation of certain non-critical or essential…
Sika mpɛ dede – President Akufo-Addo on what caused the cedi…
President Nana Addo Dankwa Akufo-Addo has stated that the recent depreciation of the Ghana cedi was caused by low inflows of…