[ad_1] The Ghana cedi could record a single-digit depreciation against the US dollar in 2024, The Economist Intelligence Unit has disclosed in its 2024 Africa Outlook Report. According to the UK-based firm, the cedi will benefit from the International Monetray Fund Programme. It stated that only five African countries (Egypt, Sudan, Ethiopia, Angola, and Zimbabwe)…
[ad_1] Ghana will record an average inflation of about 18.0% by the end of 2024, The Economist Intelligence Unit (EIU) has projected. This will be a significant fall from the average of about 38% in 2023. According to the UK-based firm, Ghana’s average inflation in 2024 will place it 8th in Africa, but lower than…
[ad_1] Two UK-based firms, The Economist Intelligence Unit and Fitch Solutions have predicted victory for former President John Mahama in the 2024 presidential elections. According to the EIU, Ghana is likely to experience a transfer of power from the ruling New Patriotic Party (NPP) to the opposition National Democratic Congress (NDC), largely driven by declining…
[ad_1] The Economist Intelligence Unit has revised its projected depreciation of the cedi to dollar in 2023 to about 23.0%, from the earlier 30.0%. According to its 2023 Updated African Outlook Report, this will place the local currency as the third weakest in Africa this year. That was a business desk report According to the…
