Ghana’s rice farmers face unsold stock and new harvest pressures as cheap imports continue to dominate local markets.
Ghana economy
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The Ghana cedi hit GH¢12.10 per dollar, marking one of its strongest performances yet on improved sentiment and steady central bank interventions.
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Cedi regains strength in October, reversing earlier losses and recording one of Ghana’s strongest currency rallies in recent years.
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Mahama says Ghana will not rush back to the capital markets, stressing fiscal discipline and consolidation after the 2022 debt default.
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Ghana’s cedi tops global currency rankings as Mahama highlights falling inflation, credit upgrades and new investment reforms to Japanese investors.
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Ghana is accelerating local cocoa processing to reach 50 percent, aiming to surpass Côte d’Ivoire’s benchmark within five years
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President Mahama confirms Ghana inherited $8.9 billion reserves, boosting the cedi’s recent 3.9 percent appreciation
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The average salaried worker in Ghana would need over 300 years to make $1 million, highlighting severe economic challenges.
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The Minority has criticized the NDC’s 2025 budget, labeling job promises as “sakawa jobs” and questioning the feasibility of the $10 billion Big Push plan
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Haruna Iddrisu tells NPP that Ghanaians remember their economic struggles, while President Mahama promises to restore stability and improve lives.
