Bank of Ghana Upgrades GH¢1 Cedi Coin

The Bank of Ghana (BoG) has announced an upgrade on the the One Ghana (GH¢1) coin with enhanced security features. A statement from the BoG said it will issue the upgraded GH¢1 coin into circulation from Monday,12th December 2022. The coin, according to the Central Bank, is similar to the …

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Government To Use Gold To Buy Oil

The government has announced plans to use gold to purchase imported oil products, according to a latest Facebook post by Vice-President Dr Mahamudu Bawumia. The policy when implemented will fundamentally change Ghana’s balance of payments and significantly reduce the persistent depreciation of the cedi. Bawumia said the policy, which is …

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We Will Work Fewer Days – TUC Cautions Gov’t

The Deputy General-Secretary of the Trade Union Congress (TUC), Joshua Ansah, has suggested that should the government fail to meet the demands of organized labour in the ongoing wage negotiation, workers would begin to regulate their working days.   According to him, taking into consideration the prevailing harsh economic conditions …

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