NEWS

If ₵4 to $1 got Mahama out, then I don’t know why Bawumia is crying for steering wheel at ₵16 to $1: Ayariga

If former President John Mahama had to be kicked out of office because 4 cedis equalled a dollar, “then I don’t know why Vice President Mahamudu Bawumia is running for President” when Ghanaians need GHS16.00 to get $1.00, the flagbearer of the All People’s Congress, Mr Hassan Ayariga has said. At a press conference on Tuesday, 11 June 2024, Mr ...

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GUTA appeals to Bawumia to address Cedi depreciation and business challenges

The Ghana Union of Traders (GUTA) has urged Vice President Dr. Mahamadu Bawumia to find a pragmatic solution to the depreciation of the Ghana Cedi against foreign currencies, particularly the American dollar. Mr. Anthony Joseph, the Ashanti Regional Chairman of GUTA, expressed concerns that the depreciation of the Cedi is not only eroding their capital but also leading to the ...

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Cedi to end 2024 at ¢15.91/US1$ – IC Securities

IC Securities has revised its forecast for the US dollar to Ghana cedi exchange rate at the end of 2024, increasing it from GH¢13.2/US$ to GH¢15.91/US$. This adjustment reflects the current macroeconomic climate. The firm explained that after the Bank of Ghana’s unexpected policy rate cut in January 2024, they anticipated strong selling pressure on the cedi. They delayed revising ...

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Kennedy Agyapong Boosts Bawumia’s Campaign In Ashanti Region

In a significant development for the New Patriotic Party’s (NPP) campaign efforts, Kennedy Agyapong, the Member of Parliament for Assin Central, has thrown his support behind Dr. Mahamudu Bawumia’s bid for the presidency. Following his defeat in the NPP primaries, Kennedy Agyapong reassured his followers and party members of his unwavering commitment to the NPP cause by declaring his intent ...

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Malawi VP confirmed dead in plane crash in forest

The wreck of a plane carrying Malawi’s vice-president has been found with no survivors, President Lazarus Chakwera has said. Saulos Chilima and nine others were flying within the country on Monday morning when their aircraft disappeared from airport radars. The plane, a military aircraft, was flying in bad weather. Soldiers had been searching Chikangawa Forest overnight and into the morning ...

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Call off your strike – NLC as it summons striking NIA workers to appear before it

The Public Services Workers Union- National Identification Authority (PSWU-NIA) has been directed by the National Labour Commission to call off their strike. The NLC gave the directive in a summon dated Monday, 10 June 2024. The NLC noted that per media reports, “the Executive Council of PSWU, ordered the indefinite cessation of all services provided by its members at the ...

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