Cedi Board

Today's daily report shows significant developments across Ghana. In the construction sector, the price of 5" hollow concrete blocks has seen a notable increase to ₵7.5, marking a 15.38% rise since the start of the year. This market movement coincides with major national news, including the presentation of the 2026 Budget Statement, a presidential directive releasing ₵200 million to address a food glut, and a tragic stampede at a GAF recruitment exercise. Investor sentiment,

Today's Cedi Board shows a significant drop in fuel prices across major outlets like Zen, StarOil, and TotalEnergies, with prices falling over 7% . This market relief comes amid a turbulent news cycle. Key developments include the arrest of former BOST CEO Edwin Provencal in connection with the 'Gold-for-Oil' program and the release of the final report on the tragic August 6 helicopter crash. Concurrently, our investor insight highlights a major deficit in Ghana's palm oil s

Today's daily economic report presents a mixed landscape for Ghanaian consumers and the national economy. While the price of a 5KG bag of K-75 rice shows a significant reduction, the cost of an Indomie HungryMan box has registered an increase. This consumer data emerges alongside major national developments, including the scheduled public release of the August 6 helicopter crash report and the start of the $2 million Sky Train financial loss trial. Let's analyze the latest da

Today's Cedi Board shows a Cedi that has maintained its significant year-over-year strength against major trading currencies, despite minor short-term fluctuations. The most significant development is a two-notch sovereign credit rating upgrade from S&P Global. This is coupled with domestic news, including a planned increase in the national minimum wage for 2026 and an immediate reduction in passport application fees. Today 's investor insight also highlights a new fintech-d

Today’s daily Cedi Board shows a downward shift in Treasury Bill rates, with yields falling significantly compared to one year ago. This unfolds alongside major national news, including the launch of a 200-Megawatt-peak solar park and a stark reminder of the perils in combating illegal mining. As Mfantsipim School’s NSMQ victory trends, a new analysis also points to a $20 billion opportunity within Ghana's creative sector. Let's analyze the latest data and emerging trends sha

Today’s Cedi Board highlights stability in key consumer prices alongside notable developments in Ghana’s economic landscape. Prices for gari, sachet water, and roasted groundnuts have remained unchanged since 2024, signaling minimal day-to-day inflationary pressure on staple goods. Meanwhile, the Bank of Ghana’s gold reserves continue to rise, a major arbitration ruling favors the Electricity Company of Ghana, and local farmers struggle with a worsening rice surplus. Let’s an

Today's daily financial report presents a mixed picture for the Ghanaian economy. Key market indicators show the Cedi experiencing a slight depreciation against the US dollar, while essential costs like fertilizer show significant year-on-year increases. In corporate news, GCB Bank shares have registered a remarkable all-time high, demonstrating strong investor confidence. This financial activity unfolds against a backdrop of major domestic news, including a significant fire

In today's daily report, the Ghanaian cedi held stable against the dollar, remaining unchanged from yesterday. In fashion and beauty consumer markets, products like synthetic braid extensions have seen a 12.5% price drop from 2024. However, this market calm contrasts with significant developments in national policy, led by a forecast for a major fuel price reduction, a new GRA tax model for the informal sector, and a complete overhaul of the nation's health data system. Le

The Cedi has slid slightly from yesterday, hitting ₵10.86, while Treasury bill rates show a year-on-year drop. This comes as major headlines shake public confidence, from the ECG's staggering GH¢189M overspending to an impending air traffic strike and a new class of 85,000 NSS personnel entering the workforce. Let's break down what these numbers and news mean for your money and the national economy. Market Movers The 182-day T-Bill is at 10.74% , and the 364-day is at 11.41%

Today’s Cedi Board shows the dollar at ₵10.81 , reflecting minor short-term volatility even as the currency has shown strength over the past year. But the real stories are bigger: the Bank of Ghana is marking the Cedi's 60th anniversary, the NDPC has released its first progress report in three decades, and MTN is deploying blockchain to fight MoMo fraud. Let's break down what these key developments mean for Ghana's economic landscape. Market Movers: The Cedi and Your Subscrip

At mid-October 2025, one olonka of onions costs ₵40–₵60 , and a paint bucket of tomatoes goes for ₵80–₵100  in Accra markets. Meanwhile, the cedi has firmed to ₵10.71 per US dollar , up from ₵11.26 yesterday , signaling a modest appreciation. Combined with record gold exports, an expanded Free SHS program, and steady agricultural growth, Ghana’s economy might be showing signs of quiet resilience. Let’s unpack the latest numbers shaping the country’s financial outlook. Major H

The Cedi is making big moves! With the IMF raising Ghana's 2025 growth forecast to 4%  and a stronger Cedi triggering an immediate drop in fuel prices, the economy is showing impressive resilience. Key financial decisions, from the Bank of Ghana’s move to regulate the digital lending space to new perspectives on property investment, are setting the stage for the future. Let's break down the latest numbers and news shaping Ghana's economic landscape. Market Stability: T-Bills

The Cedi Board on October 15, 2025, highlights an economy balancing significant debt clearance with ambitious international trade positioning. The Ghana Gold Coin is a standout, surging by over GH¢4,200 to GH¢48,629.02  per ounce (a change of over 9.5% since November 2024), driven by global safe-haven demand. Crucially, the USD/GHS rate shows notable appreciation to the BOG Interbank selling rate of GH¢11.46. Today's headlines are centered on clearing a mountain of arrears an

The Market Snapshot The price of GHACEM  cement, grade 42.5R is currently ₵ 115 , holding the same price as October 2024. There has also been an impactful decrease in the price of Mild Steel Iron Rods  (8mm) to ₵5,700  per ton, down from ₵7,000  earlier this year. This significant drop should bring relief to the construction sector , potentially lowering the cost of building homes and infrastructure. The Bank of Ghana (BOG) Interbank Selling Rate pegs the dollar at GH\c11.91

The Ghanaian Cedi is showing significant strength, with year-on-year appreciation against major international currencies, notably an over 23% gain against the Dollar . This positive momentum is reinforced by Ghana's major economic victory: passing the fifth IMF review, which unlocks a crucial $385 million  fund. Simultaneously, a compelling Solar Cold-chain-as-a-service  opportunity addresses the nation's post-harvest loss crisis. Let's break down the latest numbers and news

The Ghana Cedi  is showing strong momentum this week, with the interbank selling rate dropping significantly from GH₵12.56 on 6th October to GH₵12.31  on 9th October. This positive market signal arrives alongside a critical government action that is, a GH₵130 million  allocation to complete the stalled La General Hospital. However, there has been a nationwide NHIS digital breakdown  forcing hospitals back to a frustrating ‘cash and carry’ system. Let's break down the latest

Ghana is riding a wave of national success, underpinned by major financial milestones and a thrilling sporting victory. This environment reflects a stable and recovering macroeconomy, but it also creates a unique challenge for domestic savers. The central bank's successful drive toward Cedi stability  and fiscal health  has drastically lowered the returns on low-risk government securities. While this is a huge win for the national budget , it forces savers who rely on high in

As of October 8, 2025, Ghana's economic landscape is defined by key strategic policy shifts, revised growth projections, and dynamic market movements. From the Bank of Ghana's (BoG) aggressive move to stabilize the forex market with gold backed FX sales  to a World Bank upward revision of Ghana’s growth forecast , the numbers point to a resilient, yet pressured, economy. If you are an investor, business owner, or simply interested in the financial pulse of the nation, this de

Ghana's economic landscape presents a tale of two fronts: robust consumer spending is fueling a massive jump in tax revenues, while the banking sector grapples with a rising tide of bad loans. Meanwhile, a major state bank's stock is hitting record highs. We break down the conflicting signals in the latest economic data. Market Snapshot: Forex, Fuel, and a Surging Stock USD/GHS: ¢12.56 (BOG Interbank Selling Rate, Oct 06) Diesel Prices: Gail (¢14.20), MISA Energy (¢13.79) I

New data reveals a Ghanaian economy in high gear, with a massive surge in fuel consumption and vehicle registrations signaling robust economic activity. Meanwhile, the Cedi continues to show remarkable strength against major currencies, and a key national identity initiative expands to children. Here’s your breakdown of the numbers driving Ghana’s growth. The Ghana Cedi is maintaining its strong performance, showing significant year-on-year gains against major trading currenc